Financial sanctions with respect to debt instruments of Maduro regime

(a) Prohibition of certain transactions (1) In general Beginning on the date of the enactment of this Act, all transactions by a United States person or within the United States that relate to, provide financing for, or otherwise deal in debt instruments issued by, for, or on behalf of Petroleos de Venezuela, S.A., or the regime of Nicolas Maduro or any nondemocratic successor government in Venezuela, are prohibited. (2) Inclusions The prohibition under paragraph (1) includes a prohibition on— (A) entering into any transaction in— (i) debt instruments with a maturity of more than 90 days issued by Petróleos de Venezuela, S.A., on or after the date of the enactment of this Act; (ii) debt instruments with a maturity of more than 30 days or equity issued by the Maduro regime on or after such date of enactment, other than debt instruments issued by Petróleos de Venezuela, S.A., covered by clause (i); (iii) bonds issued by the Maduro regime before such date of enactment; or (iv) dividend payments or other distributions of profits to the Maduro regime from any entity owned or controlled, directly or indirectly, by the Maduro regime; (B) the direct or indirect purchase of securities from the Maduro regime, other than— (i) securities qualifying as debt instruments issued by Petróleos de Venezuela, S.A., covered by subparagraph (A)(i); and (ii) securities qualifying as debt instruments issued by the Maduro regime covered by subparagraph (A)(ii); (C) purchasing any debt owed to the Maduro regime, including accounts receivable; (D) entering into any transaction related to any debt owed to the Maduro regime that is pledged as collateral after May 21, 2018, including accounts receivable; (E) entering into any transaction involving the selling, transferring, assigning, or pledging as collateral by the Maduro regime of any equity interest in any entity in which the Maduro regime has a 50 percent or greater ownership interest; and (F) entering into any transaction that evades or avoids, has the purpose of evading or avoiding, causes a violation of, or attempts to violate any of the prohibitions set forth in this subsection. (b) Rulemaking (1) In general The Secretary of the Treasury, in consultation with the Secretary of State, may take such actions, including prescribing rules and regulations, as are necessary to implement this section. (2) Delegation The Secretary of the Treasury may redelegate the authority described in paragraph (1) to other officers and agencies of the United States Government. (c) Responsibility of other agencies All agencies of the United States Government shall take all appropriate measures within their authority to carry out the provisions of this section.