United States · Bill · S
S. 168 (119th)
Energy for America’s Economic Future Act
Introduced
21 January 2025
Last action
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Status
Read twice and referred to the Committee on Energy and Natural Resources.
Sponsors
—
Subjects
Discovery layer
Source updated
24 March 2026
Summary
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.
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Documents
2 official files
Introduced in Senate
Introduced in Senate
Introduced in Senate · EN · 21 January 2025
Introduced in Senate
summary · EN · 21 January 2025
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Sources
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- Official source: https://www.congress.gov/bill/119th-congress/senate-bill/168
- Open data entity: https://api.congress.gov/v3/bill/119/s/168