Russian-Venezuelan Threat Mitigation Act
- Last Action
- 2/7/2019
Actions
- 2019-02-07Referred to the House Committee on Foreign Affairs.
- 2019-02-07Introduced in House
- 2019-02-07Introduced in House
CRS Summary
As of 2019-02-07 (00)
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.
Cosponsors (3)
- Mario Diaz-Balart (R-FL)
- Donna Shalala (D-FL)
- Debbie Mucarsel-Powell (D-FL)
Subjects
- Alliances
- Caribbean area
- Collective security
- Congressional oversight
- Foreign property
- Homeland security
- Intelligence activities, surveillance, classified information
- Latin America
- Oil and gas
- Russia
- Venezuela
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.