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To establish a Venezuela Restoration Fund, and for other purposes.
Summary
This bill establishes the Venezuela Restoration Fund in the U.S. Treasury to receive forfeited assets and funds from individuals or entities acting on behalf of Hugo Chavez or Nicolas Maduro regimes in Venezuela. The fund is available to the Secretary of State for activities aimed at strengthening democratic governance, defending human rights, supporting independent media, and combating corruption in Venezuela. Fund amounts may support both governmental and nongovernmental entities working toward these goals, allocated in a manner consistent with existing U.S. foreign policy. The Secretary of the Treasury must report annually to Congress on the amount and sources of funds deposited into the Venezuela Restoration Fund and how those funds have been obligated and expended. The fund is available for these purposes without fiscal year limitation or need for subsequent appropriation.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
4 cosponsors
Money behind the sponsor
Top reported contributors to Maria Elvira Salazar’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- LEON MEDICAL CENTERS $31,700
- TECNOGLAS $19,800
- KASEYA $15,950
- NULL $15,227
- STARKEY HEARING TECHNOLOGIES $13,200
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Maria Elvira Salazar → · Outside spending →
Actions (2)
- May 26, 2026 Referred to the House Committee on Foreign Affairs. · house
- May 26, 2026 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE HOUSE OF REPRESENTATIVES
May 26, 2026
Ms. Salazar (for herself, Ms. Wasserman Schultz, Mr. Gimenez, Mr. Smith of New Jersey, and Mr. Huizenga) introduced the following bill; which was referred to the Committee on Foreign Affairs
A BILL
To establish a Venezuela Restoration Fund, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Preserving Accountability for National Assets Act of 2026” or the “PANA Act of 2026”.
SEC. 2. VENEZUELA RESTORATION FUND.
(a) Establishment.—There is established in the Treasury of the United States a fund, to be known as the “Venezuela Restoration Fund”, which shall consist of amounts deposited in such fund under subsection (c).
(b) Use of Funds.—Amounts in the Venezuela Restoration Fund—
(1) shall be available to the Secretary of State for the purposes described in paragraph (2) without fiscal year limitation or need for subsequent appropriation;
(2) shall be used for the purposes of—
(A) strengthening democratic governance and institutions in Venezuela;
(B) defending internationally recognized human rights for the people of Venezuela, including support for efforts to document crimes against humanity and abuses of human rights in Venezuela;
(C) supporting the efforts of independent media outlets to broadcast, distribute, and share information in Venezuela; and
(D) combating corruption and improving the transparency and accountability of governing institutions and state-owned enterprises in Venezuela;
(3) may be used to support governmental and nongovernmental entities in advancing the purposes described in paragraph (2); and
(4) shall be allocated in a manner complementary to existing United States foreign policy, diplomacy, and anti- corruption activities.
(c) Funding.—Notwithstanding any other provision of law, in the case of any funds or assets forfeited to the United States on or after the date of the enactment of this Act by an individual or entity who has acted or purported to act directly or indirectly for or on behalf of, the regimes of Hugo Chavez or Nicolas Maduro in Venezuela, the funds or assets will be deposited in the Venezuela Restoration Fund established under subsection (a).
(d) Reporting.—Not later than 1 year after the date of the enactment of this Act, and not less frequently than annually thereafter, the Secretary of the Treasury, in consultation with the Secretary of State, shall submit to the appropriate congressional committees a report that includes—
(1) an accounting of the amount and sources of funds that have been deposited into the Venezuela Restoration Fund; and
(2) a summary of the obligation, amounts, and expenditure of such funds.
(e) Appropriate Congressional Committees Defined.—In this section, the term “appropriate congressional committees” means—
(1) the Committee on Foreign Affairs of the House of Representatives;
(2) the Committee on Foreign Relations of the Senate;
(3) the Committee on Appropriations of the House of Representatives; and
(4) the Committee on Appropriations of the Senate. <all>
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