American A.I. Sovereign Wealth Fund Act (S. 4825, United States)
In brief
A Senate bill introduced by Senator Bernie Sanders on 18 June 2026 that would levy a one-time tax, payable in equity, on AI companies with more than USD 200 million in annual sales, placing the shares in a public trust estimated by the sponsor at about USD 7 trillion, managed by an independent commission and paying dividends to residents (about USD 1,000 per person a year in the sponsor's estimate) while funding education, health care and housing. Recorded from secondary reporting.
- Type
- Sovereign wealth fund
- Status
- Introduced
- Jurisdiction
- United States
- Bill number
- S. 4825 (119th Congress)
- Sponsors
- Sen. Bernie Sanders (I-VT)
- Introduced
- 18 June 2026
- Review status
- pending review
How it works
One-time tax on AI companies above a USD 200 million annual-sales threshold, paid in stock into a public fund.
How it is funded
The fund's shareholdings and their returns.
Who receives what
Annual dividends to residents and funding for education, health care and housing, per the sponsor's description.
Cost
Sponsor's estimate of the fund's size is about USD 7 trillion; no official cost estimate recorded.
Sources
-
S. 4825, American A.I. Sovereign Wealth Fund Act
Congress.gov · 2026-06-18 · Tier 1 source
-
Sanders introduces legislation to create $7 trillion AI sovereign wealth fund
Office of Senator Bernie Sanders · 2026-06-18 · Tier 2 source
Official source · Congress.gov
Frequently asked questions
- What is the status of American A.I. Sovereign Wealth Fund Act (S. 4825, United States)?
- Introduced
- How would it work?
- One-time tax on AI companies above a USD 200 million annual-sales threshold, paid in stock into a public fund.
- How is it funded?
- The fund's shareholdings and their returns.
Informational only, not legal advice. Verify every claim against the linked official sources and consult qualified counsel before acting.
Frequently asked questions
- What is the status of American A.I. Sovereign Wealth Fund Act (S. 4825, United States)?
- Introduced
- How would it work?
- One-time tax on AI companies above a USD 200 million annual-sales threshold, paid in stock into a public fund.
- How is it funded?
- The fund's shareholdings and their returns.