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US HB7055
Bill
Status
1/14/2026
Primary Sponsor
Christopher Smith
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AI Summary
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Extends the Nicaraguan Investment Conditionality Act of 2018 through 2030 and expands sanctions to cover Nicaragua's gold sector and other economic sectors generating revenue for the Ortega family
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Adds new sanctions triggers for persecution of the Catholic Church, politically motivated convictions, prisoner rights violations, and support for Russia's invasion of Ukraine
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Prohibits new U.S. investment in any sector of Nicaragua's economy, with exceptions for humanitarian assistance, food, medicine, and intelligence activities
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Requires annual reports reviewing Nicaragua's participation in the CAFTA-DR free trade agreement, including assessment of benefits to the Ortega regime and potential treaty violations
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Directs U.S. diplomatic efforts to restrict loans to Nicaragua from the Central American Bank for Economic Integration and to extend the UN Human Rights Council's mandate investigating abuses since April 2018
Legislative Description
Restoring Sovereignty and Human Rights in Nicaragua Act of 2026
Last Action
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
1/14/2026