H.R. 328House119th Congress (2025-2027)In Committee

REVOCAR Act of 2025

Introduced January 9, 2025

AI-Generated Summary

Updated November 24, 2025 at 3:38 AM UTC

The REVOCAR Act of 2025 would stop any investment, trade, or financial activity by U.S. persons in Venezuela’s energy sector until the government of Nicolás Maduro acknowledges the July 28 2024 election results that gave opposition candidate Edmundo González a two‑thirds majority. The ban applies to dealings with the state oil company PDVSA and any entities controlled by the Maduro regime, and it remains in place until either the regime concedes the election or December 31 2027, whichever comes first.

Key Provisions

  • Prohibits U.S. individuals and entities from investing, trading, or providing services to Venezuela’s energy sector, specifically targeting PDVSA and related companies.
  • The Treasury Secretary, in consultation with State, can issue regulations and use IEEPA powers to enforce the ban.
  • Violations are subject to penalties under the International Emergency Economic Powers Act.
  • The ban ends automatically if the President certifies that Maduro’s government has recognized the election outcome, or on Dec 31 2027, whichever occurs first.
  • The President may grant waivers for up to 90 days (renewable) if national security reasons require it, with detailed reporting to congressional committees.
  • Defines “U.S. person” to include citizens, permanent residents, U.S.-organized entities, and anyone physically in the United States.

Legislative Activity

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HouseIntro Referral Latest Action

Referred to the House Committee on Foreign Affairs.

January 9, 2025

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HouseIntro Referral

Introduced in House

January 9, 2025

HouseIntro Referral

Referred to the House Committee on Foreign Affairs.

January 9, 2025

Floor Debate

7 members

What members said about H.R. 328 on the floor

7 Republicans
Eric A. "Rick" Crawford
Rep. Eric A. "Rick" CrawfordR-AR-1 · Jan 12, 2026

Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days to revise and extend their remarks and include extraneous material on the topic of this Special Order into the…

Darin LaHood
Rep. Darin LaHoodR-IL-16 · Jan 12, 2026

Mr. Speaker, I thank the Chairman for having this Special Order here tonight and also for the introduction of the special resolution that lays out the justification and why we took out Nicolas…

J. French Hill
Rep. J. French HillR-AR-2 · Jan 12, 2026

Mr. Speaker, I am proud to stand on the floor with my colleague from Arkansas, our distinguished chair of the House Permanent Select Committee on Intelligence, and our colleagues to give the American…

Austin Scott
Rep. Austin ScottR-GA-8 · Jan 12, 2026

Mr. Speaker, I thank the chairman. Mr. Speaker, I have, as other Members, gotten a number of calls over the last couple of days about whether or not I think the President did the right thing or not.…

Claudia Tenney
Rep. Claudia TenneyR-NY-24 · Jan 12, 2026

Mr. Speaker, I rise today to commend President Donald J. Trump for his decisive leadership that restored American strength, put our security first, and reasserted the rule of law on behalf of the…

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W. Gregory Steube
Rep. W. Gregory SteubeR-FL-17 · Jan 12, 2026

Mr. Speaker, I thank the Chairman. Mr. Speaker, I rise today in support of the Trump administration's actions in capturing Nicolas Maduro. Over the past week, Democrats have claimed that Maduro's…

Trent Kelly
Rep. Trent KellyR-MS-1 · Jan 12, 2026

Mr. Speaker, I thank the gentleman for yielding to me. Mr. Speaker, America is safer today. A narcoterrorist and an illegitimate government leader, Nicolas Maduro, is removed from office and is…

Bill Text

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Introduced in HouseIssued January 9, 2025

I

119th CONGRESS

1st Session

H. R. 328

IN THE HOUSE OF REPRESENTATIVES

January 9, 2025

Ms. Wasserman Schultz (for herself and Ms. Salazar) introduced the following bill; which was referred to the Committee on Foreign Affairs

A BILL

To immediately halt investment by United States persons in the energy sector of Venezuela until the legitimate results of the July 28, 2024, election are respected.

1.

Short title

This Act may be cited as the Revoke Exemptions for Venezuelan Oil to Curb Autocratic Repression Act of 2025 or the REVOCAR Act of 2025.

2.

Findings

Congress makes the following findings:

(1)

On July 28, 2024, more than 10,000,000 citizens of Venezuela voted in a presidential election in which meticulously documented and publicized data from credible election monitors clearly and convincingly showed that opposition candidate Edmundo Gonzalez received more than two-thirds of the votes against the regime of Nicolas Maduro.

(2)

The Maduro regime has refused to respect the overwhelming choice of the people of Venezuela and subsequently arrested and abused thousands of innocent citizens of Venezuela, including children, for peaceful political participation.

3.

Prohibition on investment by United States persons in energy sector of Venezuela until the legitimate results of the July 28, 2024, election are respected

(a)

Prohibition

(1)

In general

Beginning on the date of the enactment of this Act, the following transactions are prohibited:

(A)

Any transaction by a United States person, or an entity owned or controlled by a United States person, to invest, trade, or operate within the energy sector of Venezuela, including the provision of goods, services, or finance to—

(i)

Petroleos de Venezuela, S.A., or subsidiaries, representatives, or related companies of Petroleos de Venezuela, S.A.; or

(ii)

the regime of Nicolas Maduro or any nondemocratic successor government in Venezuela.

(B)

Any transaction that evades or avoids, has the purpose of evading or avoiding, causes a violation of, or attempts to violate the prohibition under subparagraph (A).

(2)

Applicability

The prohibitions under paragraph (1) shall apply—

(A)

to the extent provided by law and regulations, orders, directives, or licenses that may be issued pursuant to this section; and

(B)

notwithstanding any contract entered into or any license or permit granted before the date of the enactment of this Act.

(b)

Implementation; penalties

(1)

Implementation

(A)

In general

The Secretary of the Treasury, in consultation with the Secretary of State, may take such actions, including prescribing regulations, as are necessary to implement this section.

(B)

IEEPA authorities

The Secretary of the Treasury may exercise the authorities provided to the President under sections 203 and 205 of the International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) to the extent necessary to carry out this section.

(2)

Penalties

A person that violates, attempts to violate, conspires to violate, or causes a violation of subsection (a) or any regulation, license, directive, or order issued to carry out that subsection shall be subject to the penalties set forth in subsections (b) and (c) of section 206 of the International Emergency Economic Powers Act (50 U.S.C. 1705) to the same extent as a person that commits an unlawful act described in subsection (a) of that section.

(c)

Responsibility of other agencies

All agencies of the United States Government shall take all appropriate measures within their authority to carry out the provisions of this section.

(d)

Termination of prohibition

The prohibitions under subsection (a) shall terminate on the earlier of—

(1)

on the date on which the President submits to Congress a determination that the regime of Nicolas Maduro has recognized the July 28, 2024, electoral victory of Edmundo Gonzalez and relinquished power to the legitimately democratically elected government in Venezuela; or

(2)

December 31, 2027.

(e)

Waiver authority

(1)

In general

The President may waive, on a case-by-case basis and for a period of not more than 90 days, the prohibitions under subsection (a) not less than 30 days after the President determines and reports to the appropriate congressional committees that it is vital to the national security interests of the United States to waive such sanctions.

(2)

Renewal of waivers

The President may, on a case-by-case basis, renew a waiver under paragraph (1) for an additional period of not more than 90 days if, not later than 15 days before that waiver expires, the President makes the determination and submits to the appropriate congressional committees a report described in paragraph (1).

(3)

Content of waiver reports

Each report submitted under this subsection in connection with a waiver of the prohibitions under subsection (a), or the renewal of such a waiver, shall include—

(A)

a specific and detailed rationale for the determination that the waiver is vital to the national security interests of the United States;

(B)

a description of the transaction or type of transaction prohibited by this Act that will be permitted, including a list of prohibited foreign entities that are determined to be involved in the transaction or type of transaction;

(C)

an explanation of any efforts made by the United States to restrict financial flows to the regime of Nicolas Maduro in order to constrain his ability to repress the Venezuelan people; and

(D)

an assessment of the impact of waiving the prohibitions under subsection (a) on—

(i)

the probability of achieving a democratic transition in Venezuela as described in subsection (d)(1);

(ii)

the financial resources available to the regime of Nicolas Maduro or any nondemocratic successor government in Venezuela; and

(iii)

the ability of the regime of Nicolas Maduro or any nondemocratic successor government in Venezuela to violate human rights, engage in repression, or threaten the interests of the United States.

(4)

Appropriate congressional committees defined

In this subsection, the term appropriate congressional committees means—

(A)

the Committee on Foreign Affairs of the House of Representatives;

(B)

the Committee on Foreign Relations of the Senate;

(C)

the Committee on Appropriations of the House of Representatives; and

(D)

the Committee on Appropriations of the Senate.

(f)

United states person defined

In this section, the term United States person means—

(1)

a United States citizen or alien lawfully admitted for permanent residence to the United States;

(2)

any entity organized under the laws of the United States or any jurisdiction within the United States (including a foreign branch of any such entity); and

(3)

any person physically located in the United States.