PANA Act of 2026

This bill establishes a Venezuela Restoration Fund within the U.S. Treasury, designed to support the restoration of democratic principles in Venezuela. This fund will be uniquely financed by assets forfeited to the United States from individuals or entities who have acted on behalf of the Hugo Chavez or Nicolas Maduro regimes. These funds will be available without fiscal year limitation or subsequent appropriation, ensuring a dedicated resource for Venezuelan restoration efforts. The primary objectives for using these funds are to strengthen democratic governance and institutions , defend internationally recognized human rights , support independent media outlets , and combat corruption and improve transparency in Venezuela. The fund may support both governmental and nongovernmental entities in achieving these goals, complementing existing U.S. foreign policy. The Secretary of the Treasury, in consultation with the Secretary of State, is mandated to submit annual reports to appropriate congressional committees detailing the fund's sources, amounts, and expenditures.