Proposal:Russian-Venezuelan Threat Mitigation Act

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.

Bill	HR 1102
Type of Legislation	House Bill
Congress	116
Source	View original on Congress.gov

Geographic Scope

National

Description

Russian-Venezuelan Threat Mitigation Act

This bill calls for assessments of Russia's relationship with Venezuela.

The Department of State shall report to Congress an assessment of Russia and Venezuela's security cooperation and the threat it poses to countries in the Western Hemisphere, including the United States. The State Department shall also devise a strategy to address such a threat.

The President shall report to Congress an assessment of the security risks posed by a potential Russian acquisition of CITGO's U.S. energy infrastructure holdings. CITGO is an energy company owned by Petroleos de Venezuela (PdVSA), a Venezuelan state-owned oil company. A Russian state-owned company has extended a loan to PdVSA, and a default on that loan could result in Russian ownership of CITGO.

Bill Title

Russian-Venezuelan Threat Mitigation Act

Linked Goals

• Goal:Promote General Welfare

Steps

• 2019-02-07: Referred to the House Committee on Foreign Affairs.
• 2019-02-07: Introduced in House
• 2019-02-07: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.