Termination of sanctions

(a) In general Upon submitting to the appropriate congressional committees a determination under section 101(a) that a democratically elected government is in power in Venezuela, the President shall take steps to terminate the sanctions imposed under this title. (b) Review of termination of sanctions (1) Reporting requirements Upon taking action under subsection (a) to terminate the sanctions imposed under this title, the President shall— (A) immediately notify Congress of that action; and (B) submit to Congress, not less frequently than every 180 days thereafter for 3 years, a report on the progress being made by Venezuela toward the establishment of a democratically elected government. (2) Congressional review (A) Joint resolution of disapproval defined In this paragraph, the term joint resolution of disapproval means a joint resolution, the sole matter after the resolving clause of which is as follows: That Congress disapproves the action of the President under section 306(a) of the Venezuela Advancing Liberty, Opportunity, and Rights Act of 2025 to terminate the sanctions imposed under title III of that Act, notice of which was submitted to the Congress on ____., with the blank space being filled with the date on which the President notified Congress with respect to the action under paragraph (1)(A). (B) Effect of enactment An action taken by the President under subsection (a) shall cease to be effective upon the enactment of a joint resolution of disapproval with respect to that action. (C) Referral to committees (i) Senate A joint resolution of disapproval introduced in the Senate shall be referred to the Committee on Foreign Relations. (ii) House of Representatives A joint resolution of disapproval introduced in the House of Representatives shall be referred to the Committee on Foreign Affairs. (D) Procedures (i) Senate A joint resolution of disapproval shall be considered in the Senate in accordance with the provisions of section 601(b) of the International Security Assistance and Arms Export Control Act of 1976 (Public Law 94–329; 90 Stat. 765). (ii) House of Representatives For the purpose of expediting the consideration and enactment of a joint resolution of disapproval, a motion to proceed to the consideration of such a resolution after it has been reported by the appropriate committee under subparagraph (C) shall be treated as highly privileged in the House of Representatives. (iii) Limitation Not more than one joint resolution of disapproval may be considered in the Senate and the House of Representatives in— (I) the 180-day period beginning on the date on which the President notifies Congress under paragraph (1)(A) with respect to action taken under subsection (a); and (II) each 180-day period thereafter. (E) Rules of House of Representatives and Senate This paragraph is enacted by Congress— (i) as an exercise of the rulemaking power of the Senate and the House of Representatives, respectively, and as such is deemed a part of the rules of each House, respectively, and supersedes other rules only to the extent that it is inconsistent with such rules; and (ii) with full recognition of the constitutional right of either House to change the rules (so far as relating to the procedure of that House) at any time, in the same manner, and to the same extent as in the case of any other rule of that House.