To increase the maximum reward amount for information leading to the arrest and conviction of Nicolás Maduro Moros to $100,000,000, which shall be paid out by the Federal Government from all assets being withheld from Nicolás Maduro Moros, officials of the Maduro regime and their co-conspirators.
About This Bill
Committee
Latest Action · September 19, 2024
Read twice and referred to the Committee on Foreign Relations.
This bill would increase the reward amount the State Department can offer for information leading to the arrest and conviction of Venezuelan leader Nicolás Maduro from the current legal limit to $100 million. The legislation targets Maduro specifically because the Trump administration charged him in 2020 with drug trafficking and narco-terrorism offenses, alleging he worked with criminal organizations to flood the United States with cocaine. The reward money would come exclusively from seized assets that the U.S. government has already frozen or confiscated from Maduro, his regime officials, and their associates under various sanctions laws and executive orders. This approach allows the government to use existing frozen assets to incentivize someone within Maduro's circle to provide information that could lead to his arrest and conviction, without requiring new federal spending. The bill was introduced in September 2024 and referred to the Senate Foreign Relations Committee.
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