What does Preamble of PANA Act of 2026 do?

This bill is formally titled 'To establish a Venezuela Restoration Fund, and for other purposes.'

What does SHORT TITLE. of PANA Act of 2026 do?

This bill is formally titled the Preserving Accountability for National Assets Act of 2026.

What does VENEZUELA RESTORATION FUND. of PANA Act of 2026 do?

This section establishes the "Venezuela Restoration Fund" within the U.S. Treasury. Funds in the Venezuela Restoration Fund are available to the Secretary of State without fiscal year limitation or subsequent appropriation. The funds are intended to strengthen democratic governance, defend human rights, support independent media, and combat corruption in Venezuela. The fund may support governmental and nongovernmental entities working towards these goals. Funds or assets forfeited by individuals or entities acting on behalf of the Hugo Chavez or Nicolas Maduro regimes will be deposited into the fund. The Secretary of the Treasury, in consultation with the Secretary of State, must submit annual reports to Congress detailing fund deposits, obligations, and expenditures.

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PANA Act of 2026

Last updated: 5/26/2026 · Introduced: 5/26/2026

Author: Maria Salazar (R-FL)

TL;DR (AI)

This bill creates the Venezuela Restoration Fund within the U.S. Treasury to support democratic governance, human rights, independent media, and anti-corruption efforts in Venezuela.
The fund will receive deposits from assets forfeited by individuals or entities associated with the Hugo Chavez or Nicolas Maduro regimes.
The Secretary of State can access funds in the Venezuela Restoration Fund without annual appropriation limitations, and must report annually to Congress on fund activity.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

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