A bill to require a plan to modernize the nuclear security enterprise.

Senate Bill

S. 3053

119th Congress

A bill to require a plan to modernize the nuclear security enterprise.

In Committee

Introduced:Oct 23, 2025

Primary Sponsor

John Cornyn

Senator

Republican

TX

Cosponsors

7

Quick Stats

Policy Area

Foreign Trade and International Finance

Summary

This bill would ban the import of crude oil, petroleum, and natural gas from Venezuela and Iran. This is intended to limit the revenue and economic power of these countries, which have been accused of destabilizing activities.

Latest Action

Read twice and referred to the Committee on Finance.

AI Summary

Plain-English explanation of this bill

This bill would ban the import of crude oil, petroleum, and natural gas from Venezuela and Iran. This is intended to limit the revenue and economic power of these countries, which have been accused of destabilizing activities.

Last updated: 12/29/2025

Official Summary

Congressional Research Service summary

Preempting Misguided Appeasement and Financing of Destabilizing Regimes Act of 2023 This bill prohibits the importation of crude oil, petroleum, petroleum products, and liquefied natural gas from Venezuela and Iran. The prohibition does not apply to those products seized by the U.S. government for violations of sanctions.

Key Points

Main provisions of the bill

Bans the import of crude oil, petroleum, and natural gas from Venezuela and Iran
The ban does not apply to any of these products seized by the U.S. government for sanctions violations
The goal is to reduce the economic and political power of Venezuela and Iran, which have been accused of destabilizing activities

How This Impacts Americans

Potential effects on citizens and communities

If this bill becomes law, it would impact U.S. consumers and businesses that rely on petroleum and natural gas imports. It could lead to higher energy prices and potential shortages, especially if alternative sources are not readily available. The economic effects would likely be felt most by American households and industries that depend on affordable energy supplies.

Policy Areas

Primary Policy Area

Foreign Trade and International Finance

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

3053, 119th Congress (2025). "A bill to require a plan to modernize the nuclear security enterprise.". Source: Voter's Right Platform. https://votersright.org/bills/118-s-3053