Senate bill · S. 4825 (119th Congress)
American A.I. Sovereign Wealth Fund Act
U.S. Senate
Sponsor: Bernard Sanders (U.S. Senator for Vermont, Independent)
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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data
Summary
Amends the tax code to impose an excise tax on "systemically important AI activity."
AI summary. Not an official summary. How we handle summaries
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Senate Committee on Finance · U.S. Senate
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Related bills
- H.R. 7493Stop Corporate Inversions Act of 2026Related bill
- S. 3847Stop Corporate Inversions Act of 2026Related bill
As identified by Congress.gov.
Full history
- Jun 18, 2026
Introduced
Introduced in U.S. Senate
U.S. Senate
- Jun 18, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
- Jun 18, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
- Jun 18, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.