Bill > S5003

This bill, the "Venezuela Advancing Liberty, Opportunity, and Rights Act of 2024" or the "VALOR Act of 2024," aims to promote democracy in Venezuela. Key provisions include: opposing the seating of representatives from the non-democratic Venezuelan government in international financial institutions until a democratically elected government is in place, authorizing support for democratic and human rights groups, imposing sanctions on Venezuela's government and those assisting it, and providing assistance to the Venezuelan people under a democratically elected government. The bill defines key terms, such as "Government of Venezuela" and "assistance to Venezuela," and outlines the process for terminating sanctions once a democratically elected government is in power.