Bill

United States: Energy for America’s Economic Future Act

Energy for America’s Economic Future Act This bill establishes a fund to reduce the principal of the federal debt. Each fiscal quarter, 25% of the total revenue generated by activities relating to advancing artificial intelligence infrastructure in the United States as well as 25% of the total revenue generated by federal oil and gas lease sales must be deposited into the fund. Total revenue includes bonus bid amounts collected at the time of an oil or gas lease sale, as well as royalties, rental payments, and fees accrued over the life of the lease that were disbursed to the Treasury as miscellaneous receipts.

  • In force
  • Not yet reviewed
  • English

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Details

Identity

Title
Energy for America’s Economic Future Act
Original title
Not recorded
Instrument ID
us-119-s-168
Type
Bill
Status
In force

Jurisdiction and publisher

Jurisdiction
United States
Publisher
Not recorded
Language
English

Dates and versions

Date
January 21, 2025
Versions
  • Introduced · January 21, 2025

Classification

Policy areas

Source

Retrieved
August 29, 2026
License
Unknown. Follow the publisher’s terms.
Access note
Not recorded

Full text

3,143 characters

Original text, English · 3,143 characters in 1 part

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