Energy for America’s Economic Future Act

Summary

Official

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...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(1/21/25)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mr. Schmitt

Senate (R) Missouri

Latest Action

Read twice and referred to the Committee on Energy and Natural Resources.

Jan 21, 2025

View Bill on Congress.gov