Search Results: keywords:"significant business operations"

  • H. R. 825 — An Act To prohibit contracting with persons that have business operations with the Maduro regime, and for other purposes.
    Status:Placed on Calendar Senate
    Words:1,125

    H.R. 825, also known as the "Banning Operations and Leases with the Illegitimate Venezuelan Authoritarian Regime Act" or the "BOLIVAR Act," seeks to stop the U.S. government from contracting with companies that engage in significant business with the Maduro regime in...

    Simple Explanation

    H.R. 825 is a rule that says the U.S. government can't make deals with companies that do a lot of business with Venezuela's leader, who the U.S. doesn't think is the real boss. There are some exceptions for things like helping people or keeping the country safe, and it lasts for three years after it starts.

  • H. R. 825 — An Act To prohibit contracting with persons that have business operations with the Maduro regime, and for other purposes.
    Status:Engrossed in House
    Words:1,050

    H.R. 825, known as the "BOLIVAR Act," aims to restrict the U.S. government from entering into contracts with individuals or companies that knowingly engage in significant business activities with the Venezuelan government under Nicolás Maduro, which is not recognized by the...

    Simple Explanation

    H.R. 825 is like a rule that says the U.S. government can't make deals with companies that do big business with certain people in Venezuela who are not recognized by the U.S. government, unless it's for special reasons like helping people in trouble or keeping the country safe.