BOLIVAR Act
What changed between versions
A new subsection (e) exempts any activity subject to National Security Act reporting requirements, any authorized intelligence activity of the United States, and any procurement supporting an authorized intelligence activity from the contracting prohibition.
The exception for supporting U.S. Government activities in Venezuela was broadened from 'contracts that support' to 'contracts and agreements that support,' covering a wider range of arrangements.
The determination that a person 'knowingly engages in significant business operations' now requires consultation with the Director of the Office of Management and Budget, and the term 'significant business operations' is to be defined by the Secretary of State in consultation with the OMB Director.
The three-year applicability period now begins 180 days after enactment rather than on the date of enactment, giving agencies a six-month grace period before the prohibition takes effect.
Congressional notification of contracts entered under exceptions may now be submitted in classified form, as appropriate, rather than requiring unclassified disclosure.
The humanitarian exception was expanded from 'other urgent life-saving measures' to 'other urgent humanitarian aid or life-saving measures,' explicitly adding humanitarian aid as a covered purpose.