Protecting Taxpayers from Risky Investments in Venezuela Act

This bill prohibits U.S. federal funds from being used to support Venezuela's oil and petroleum infrastructure, including construction, property purchases, insurance, payments to companies, or government advocacy for the sector. It directly affects all U.S. government departments, agencies, and entities using federal funds, preventing them from financing or promoting Venezuela's oil industry. The prohibition includes all forms of financial support except for expenditures explicitly authorized by future Acts of Congress. Additionally, the Secretary of State must submit annual reports to congressional committees detailing any related activities and confirming compliance.