Restoring Electoral Fairness and Opposition Rights through Mandates for Accountability Act of 2026
A BILL
To reauthorize and expand the imposition of sanctions under the Nicaragua Investment Conditionality Act of 2018, and for other purposes.
Sec. 2 Findings
Sec. 3 Statement of policy
Sec. 4 Renewal and termination of Nicaragua Investment Conditionality Act of 2018
“10. Effective period
“(a) Effective date—The provisions of this Act shall be in effect on and after the date of the enactment of the Restoring Electoral Fairness and Opposition Rights through Mandates for Accountability Act of 2026.
“(b) Termination—The provisions of this Act, and any sanctions imposed under this Act, shall terminate on the earlier of—
“(1) December 31, 2035; or
“(2) the date that is 90 days after the President certifies to the appropriate congressional committees that a resolution to the political crisis in Nicaragua has been reached that includes—
“(A) a commitment by the Government of Nicaragua to hold competitive, free, and fair elections that meet democratic standards and permit credible international observation of elections;
“(B) the cessation of the violence perpetrated against civilians by the National Police of Nicaragua and by armed groups supported by the Government of Nicaragua; and
“(C) independent investigations into the killings of protesters in Nicaragua.”
Sec. 5 Imposition of sanctions with respect to gold sector of economy of Nicaragua
“(5) to operate or have operated in—
“(A) the gold sector of the economy of Nicaragua; or
“(B) any other sector of the economy of Nicaragua identified by the Secretary of State, in consultation with the Secretary of the Treasury, for the purposes of this paragraph.”
Sec. 6 Expansion of list of activities subject to sanctions with respect to Nicaragua
“(5) The arrest or prosecution of a person, including a person who is a member, volunteer, or employee of the Catholic Church or a Protestant Church, because of the legitimate exercise by that person of the freedom of religion.
“(6) The conviction and sentencing of a person who is a democratic political actor or a member of an independent civil society organization for politically motivated charges.
“(7) The provision of significant goods, services, or technology to or from Nicaragua, or by persons operating or having operated in Nicaragua, that support—
“(A) the Government of the Russian Federation on or after February 24, 2022; or
“(B) the Government of the Islamic Republic of Iran on or after February 11, 1979.”
Sec. 7 Addition to list of priority sanctions targets
“(x) Officials of the Instituto de Prevision Social Militar (IPSM), commonly known as the Military Institute of Social Security of Nicaragua.”