Contact Congress about S. 3621: Protecting Taxpayers from Risky Investments in Venezuela Act

U.S. agencies could not use federal money or support to help Venezuela’s oil and petroleum sector. The ban would cover direct funding, financial backing, and U.S. advocacy in international settings.

Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

Protecting Taxpayers from Risky Investments in Venezuela Act is a Senate bill in committee. The latest recorded action: Read twice and referred to the Committee on Foreign Relations.

Latest action on S. 3621: Read twice and referred to the Committee on Foreign Relations.

Who this affects: This bill mainly affects federal agencies and U.S. officials who handle foreign aid, finance, diplomacy, energy policy, or international development. It also could affect companies or projects tied to Venezuela’s oil and petroleum sector if they rely on U.S. government backing. U.S. representatives at international financial institutions and global organizations would have less room to support projects connected to that sector.

Why this matters: This bill matters because it would decide where U.S. taxpayer money cannot go in Venezuela’s energy sector. It would limit federal support for oil and petroleum projects there, even when that support is indirect. It could also affect U.S. diplomacy because U.S. officials could not promote those projects in international settings. The bill does not spell out the broader effects on Venezuela, energy prices, or the environment.

Key provisions in S. 3621

• The ban applies to every federal department and agency. It also covers any account the United States owns, controls, can access, or uses through someone acting for the United States.
• The bill blocks federal support for Venezuela’s oil infrastructure or petroleum sector. That includes building, updating, repairing, or permanently improving oil and gas facilities.
• Federal benefits could not be used to help Venezuela’s oil and petroleum sector. The bill names insurance, loan guarantees, tax incentives, and royalty relief.
• U.S. officials could not promote or back Venezuela’s oil and petroleum sector in international settings. That includes international financial institutions, multilateral organizations, and diplomatic forums.
• Congress could allow an exception later, but only through a new law. That law would have to clearly approve a specific expense tied to Venezuela’s oil or petroleum sector.

How Modern Action helps you take action on S. 3621

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about S. 3621

What is S. 3621?

U.S. agencies could not use federal money or support to help Venezuela’s oil and petroleum sector. The ban would cover direct funding, financial backing, and U.S. advocacy in international settings.

How do I support or oppose S. 3621?

Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.

Who should I contact about S. 3621?

Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.

Can Modern Action explain S. 3621 before I act?

Yes. Modern Action gives you a plain-English summary, current status, and action context before you send anything.