ABSTRACT

S. Rept. 117-28: Banning Operations and Leases with the Illegitimate Venezuelan Authoritarian Regime Act, Report to Accompany S. 688, Including Cost Estimate of the Congressional Budget Office, July 12, 2021   [open pdf - 331KB]

From the Purpose and Summary: "The purpose of S. 688, the Banning Operations and Leases with the Illegitimate Venezuelan Authoritarian Regime (BOLIVAR) Act, is to prohibit Federal agencies from contracting for the procurement of goods or services with any person that has business operations with an authority of the government of Venezuela that is not recognized as the legitimate government of Venezuela by the United States Government. This prohibition does not apply to contracts that support United States Government activities in Venezuela, to those who have a valid license from the Office of Foreign Assets Control, or to contracts related to the American diplomatic mission in Venezuela. The legislation also provides exceptions for instances where the Secretary of State determines that the business operations with the illegitimate Venezuelan government are necessary for the provision of humanitarian assistance, disaster relief, other urgent life-saving measures, noncombatant evacuations, or is otherwise in the national security interests of the United States."

Report Number:
S. Hrg. 117-28; Senate Hearing 117-28
Publisher:
Date:
2021-07-12
Copyright:
Public Domain
Retrieved From:
U.S. Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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