This legislation aims to designate Venezuela for Temporary Protected Status (TPS) under section 244 of the Immigration and Nationality Act. This designation would be effective for an initial period of 18 months, commencing on the date the Act is enacted into law. Under this designation, Venezuelan nationals would become eligible for TPS if they meet specific criteria. These include demonstrating continuous physical presence in the United States since the Act's enactment date, being admissible as an immigrant (with certain exceptions), and registering for TPS with the Secretary of Homeland Security. The bill also mandates that the Secretary of Homeland Security provide prior consent for TPS recipients to travel abroad in cases of emergency or extenuating circumstances. Furthermore, the Secretary is authorized to collect a $360 application fee for TPS applications made under this designation, but must also establish a process for fee waivers.