# 119-hr-9954: Build America Fund Act

119-hr-9954, Build America Fund Act, is a 119th Congress bill sponsored by Rep. Deluzio, Christopher R. [D-PA-17] (D-PA); status introduced; PRIA reads it as touching household money (as of 2026-08-20).

- Canonical: https://policyrisk.com/legislation/119-hr-9954
- As of: 2026-08-20
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-9954
- Congress: 119
- Title: Build America Fund Act
- Status: introduced
- Introduced: 2026-07-27
- Sponsor: Rep. Deluzio, Christopher R. [D-PA-17] (D-PA)
- Cosponsors: 0
- Policy area: Economics and Public Finance
- Touches household money: yes
- Last recorded action: 2026-08-20

## Summary

**Creates a Manufacturing Sovereign Wealth Fund** that would use federal funding, new fees, and a corporate tax increase to rebuild U.S. industrial capacity, secure supply chains, and support advanced manufacturing jobs. It pairs big public investment with domestic-control rules, long offshore bans, and worker protections.

## Provisions PRIA read

- Build America Dividend for individuals: benefit, high. The bill would create a refundable "Build America Dividend" for eligible U.S. individuals for tax years starting after September 30, 2032. The Fund board would set the per-person amount and income phaseout. Total yearly payments would equal 25% of the Fund's five-year average annual proceeds. Peopl…
- Big funding and revenue for Fund: benefit, high. The bill would give the Fund large, multi-year capital: $100 billion at enactment and another $210 billion across nine later fiscal years (totaling $310 billion). The Fund Chair must certify every two years whether Fund revenues can sustain operations; if so, scheduled future appropriations would b…
- Worker wages and union neutrality rules: benefit, medium. If enacted, workers on construction or related work that the Fund helps pay for would be paid Davis‑Bacon prevailing wages. Companies that get Fund investments would also have to stay neutral during union organizing by not holding mandatory anti-union meetings, retaliating, or using company money t…
- Higher fees on big deals and trades: cost, medium. This bill would make large buyers pay new fees on big corporate deals and on stock market activity. Buyers in deals worth over $1 billion would pay a 1% fee on the transaction value. Companies that repurchase their own stock would pay $100 per issuer purchase. People who already sold more than $1,0…
- New fee for moving jobs offshore: cost, medium. If enacted, large manufacturers (over $250 million in annual revenue) that move production offshore would pay a fee. The fee would equal the U.S.-to-offshore labor cost per unit times the units moved plus any federal tax credits, subsidies, or grants previously received. The Fund board could raise…
- New Manufacturing Sovereign Fund rules: mixed, high. The bill would create a Manufacturing Sovereign Wealth Fund run by a 13-member board the President names and the Senate confirms. The Fund could make equity investments, loans, guarantees, and profit-sharing deals, and it would keep and reuse investment returns without more appropriations. Companie…
- Fund sunset and post-sunset transfers: mixed, high. The bill would end Fund authorities 10 years after enactment. The Fund could make obligations that mature after that date for an orderly wind-down. Any remaining, unneeded funds would go to the Commerce Department for manufacturing programs. Construction projects paid with those transferred funds w…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-7481: Department of Homeland Security Appropriations Act, 2026
- 119-hr-7973: Momnibus Act
- 119-hr-5658: Child Care for Every Community Act
- 119-hr-3971: Domestic Workers Bill of Rights Act

## Sources
- [119-hr-9954 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/9954)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-7481: Department of Homeland Security Appropriations Act, 2026](https://policyrisk.com/legislation/119-hr-7481)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-5658: Child Care for Every Community Act](https://policyrisk.com/legislation/119-hr-5658)
- [119-hr-3971: Domestic Workers Bill of Rights Act](https://policyrisk.com/legislation/119-hr-3971)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-9954 (as of 2026-08-20).