PANA Act of 2026 Preserving Accountability for National Assets...
To establish a Venezuela Restoration Fund, and for other purposes.
HB9039, also known as the PANA Act of 2026, was introduced to create a Venezuela Restoration Fund. This bill aims to address issues related to national assets and support restoration efforts in Venezuela. The proposed fund would provide financial resources to help restore and rebuild affected areas.
This legislation would primarily affect the Venezuelan government and its citizens by providing financial assistance for reconstruction and development. The bill is currently in its early stages, having been introduced and referred to the House Committee on Foreign Affairs. It is important to note that the bill is bipartisan, with co-sponsors from both Democratic and Republican parties.
As of May 26, 2026, HB9039 has been introduced and referred to the House Committee on Foreign Affairs for further consideration. The bill's progress will depend on the committee's review and recommendations, which will guide subsequent actions in the legislative process.
