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Policy & legislationIntroduced and referred · not enacted

American A.I. Sovereign Wealth Fund Act

Period or event: 2026-06-18 · Reviewed September 12, 2026 · Record policy-ai-wealth-fund-2026

S. 4825 would require covered AI companies to issue new equity so Treasury holds 50% after remittance. Its filed text uses annual covered receipts exceeding $200 million, separates AI and non-AI businesses, and authorizes appropriations tied to 5% of average fund value less administration.

What the source records

Bill
S. 4825 · 119th Congress
Sponsor
Bernie Sanders
Introduced
June 18, 2026
Latest recorded action
June 18, 2026: referred to Finance
Senate cosponsors recorded
0, in the September 12, 2026 status snapshot
Equity mechanism
Newly issued equity producing 50% Treasury ownership after remittanceSection 3, proposed IRC 5000E(b)(1)–(2).
Covered-receipts threshold
Exceeding $200 millionSection 3, proposed IRC 5000E(c)(1)(B); the sponsor summary instead says $200 million or more.
Annual distribution mechanism
Appropriations authorized at 5% of average fund market value, less administrationSection 3, proposed IRC 9513(d)(1)(A).
Sponsor estimate
$7 trillion potential fund value; illustrative payments exceeding $1,000These are the office’s projections, not independently scored results.

Scope & limitations

  • This bill is not enacted, and the proposed fund is not an existing asset.
  • The equity transfer would be to a federal fund, not income paid to Sanders.
  • An authorization to appropriate does not guarantee a payment, a 5% investment return or a $1,000 annual check.
  • Predicted valuation and distribution outcomes depend on assumptions and later implementation.

Sources for this record

Sanders announces American AI Sovereign Wealth Fund Act

U.S. Senate / Senator Bernie Sanders office · official sponsor announcement · Document date 2026-06-18 · Checked 2026-09-12

Official webpage body

Source proves the recorded statement or legislative text. Assertions about third parties contained within it are not independently established by republication.

Source receipt SHA-256d027902189c0ac5e6429c3c0e4f51401db095a7fd22fb8062a99558209a0c580

S.4825 introduced text

U.S. Government Publishing Office · official bill text · Document date 2026-06-18 · Checked 2026-09-12

Section 3: proposed IRC 5000E(b), 5000E(c), 9513(d); section 4

Source proves the recorded statement or legislative text. Assertions about third parties contained within it are not independently established by republication.

Source receipt SHA-25676a8ce11fd23fefef831574c03f4a3fa7afa38d86aa9d21873eb49a9b871b40b

American A.I. Sovereign Wealth Fund Act summary

U.S. Senate / Senator Bernie Sanders office · official sponsor summary · Document date 2026-06-18 · Checked 2026-09-12

Pages 1–4; valuation estimate and section-by-section summary

Source proves the recorded statement or legislative text. Assertions about third parties contained within it are not independently established by republication.

Source receipt SHA-25655652359bf9e8aec2196b1747f9eaed3d13404fb12b74e954fa49642a061d60b

American A.I. Sovereign Wealth Fund Act

Library of Congress / U.S. Government Publishing Office · official bill status · Checked 2026-09-12

bill/title; bill/introducedDate; bill/latestAction; bill/sponsors; bill/cosponsors; bill/relatedBills

Document date is not inferred from introduction. This is a status snapshot retrieved September 12, 2026; action dates are shown in the associated record.

Source receipt SHA-256163a50d37275ffb9a4ffe0a91b8b807ec2c28db3a15789fbb733d924233dce71
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