Fifth Republic Movement
In 2007 the leading Fifth Republic Movement (MVR) party dissolved and the United Socialist Party of Venezuela (PSUV) formed as the leading government party. On 15 August 2007, PSUV founder and Venezuelan President Hugo Chávez proposed an amendment to 33 articles of Venezuela's 350-article Constitution. Chávez stated that the proposed constitutional reforms were needed to complete the transition to a socialist republic and to implement his Bolivarian Revolution. The proposal was narrowly defeated by 51 to 49 percent. In 2009 a constitutional referendum resulted in the abolition of term limits for the office of President of Venezuela.