Mr Chavez says the 25 changes - added to 33 earlier proposals - are necessary to further his socialist revolution.
The changes would remove term limits for the presidency, allowing Mr Chavez to stand for re-election for seven-year terms instead of six years.
If passed, the measures will be put to a popular referendum.
The New York based organisation, Human Rights Watch, warned the measures would permit the president to suspend certain rights untouchable under international law, if a state of emergency was in force.
"Recent Latin American history shows that it is precisely during states of emergency that countries need strong judicial protections to prevent abuse," said HRW Americas director, Jose Miguel Vivanco.
Among the main changes to the constitution proposed by Mr Chavez are:
- Removing term limits for the presidency, and extending the term of office from six years to seven
- Bringing in a maximum six-hour working day
- Cutting the voting age to from 18 to 16
- Increasing presidential control over the central bank
- Strengthening state economic powers, allowing the government to control assets of private companies before a court grants an expropriation order.
There are no opposition politicians in the Venezuelan National Assembly since most of the anti-Chavez parties boycotted the last election in 2005.
However, several MPs have questioned the way the extra changes have been introduced, calling it constitutional fraud.
Critical cleric dies
On Tuesday, a long-standing critic of the president - Roman Catholic Cardinal Rosalio Castillo Lara - died, aged 85.
He had consistently spoken out against Mr Chavez, saying the president was increasingly authoritarian and "fundamental democratic principles [were] ignored or violated".
For his part, the president called Cardinal Castillo Lara "a hypocrite, bandit and devil with a cassock".
Rosalio Castillo Lara was ordained in 1949, and was appointed cardinal by Pope John Paul II in 1986.
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