CONGRESS FOR VOTERS

Darrell Issa (R-CA)

To authorize the Development Finance Corporation to invest in Venezuela.

H.R. 8974 · House bill International Affairs

A Republican bill with 1 Republican cosponsor · See the cosponsor

Last activity — Referred to the House Committee on Foreign Affairs.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill aims to authorize the Development Finance Corporation to invest in Venezuela. It functions by amending the BUILD Act of 2018. Specifically, it requires the removal of Venezuela as a country of concern. By doing so, the bill grants the Development Finance Corporation the authority to make investments in the Bolivarian Republic of Venezuela.

Yes· 3 of 4

  • Scored +5

    Does this send more money or help to other countries?

    The bill authorizes the Development Finance Corporation to make investments in Venezuela, which functions as a form of financial aid and economic engagement.

  • Scored +3

    Would households on low incomes be better off under this?

    Investment in Venezuela may foster economic activity that benefits low-income residents of that country.

  • Scored +3

    Would Hispanic Americans be better off under this?

    Investment in Venezuela may have positive economic spillover effects for the large Hispanic population in the Americas.

The opposite

No question was scored the opposite.