# 119-s-168: Energy for America’s Economic Future Act

119-s-168, Energy for America’s Economic Future Act, is a 119th Congress bill sponsored by Sen. Schmitt, Eric [R-MO] (R-MO); status introduced; PRIA reads it as touching household money (as of 2026-09-10).

- Canonical: https://policyrisk.com/legislation/119-s-168
- As of: 2026-09-10
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-168
- Congress: 119
- Title: Energy for America’s Economic Future Act
- Status: introduced
- Introduced: 2025-01-21
- Sponsor: Sen. Schmitt, Eric [R-MO] (R-MO)
- Cosponsors: 0
- Policy area: Energy
- Touches household money: yes
- Last recorded action: 2026-09-10

## Summary

**Debt Reduction Fund** would be created to pay down federal debt by directing part of certain federal oil and gas lease revenues and revenues tied to federal AI infrastructure activities into a dedicated Treasury fund. - Would require Treasury to deposit each fiscal quarter 25% of total revenue from each federal oil and gas lease sale and 25% of total revenue from activities tied to Executive Order 14141 into the Fund. Deposited amounts would be used only to reduce the principal of federal debt. - Would cover onshore and offshore lease sales under the Mineral Leasing Acts and the Outer Continental Shelf Lands Act and would include bonus bids, royalties, rental payments, and fees as part of the defined total revenue. - Would begin deposits 100 days after enactment and require the Secretary of the Treasury to apply Fund deposits each quarter to redeem Treasury securities. The Secretary would report to Congress within 1 year and then quarterly on amounts deposited and the specific redemptions and debt reductions.

## Provisions PRIA read

- Quarterly debt paydown from energy and AI: benefit, high. This bill would create a Debt Reduction Fund at the Treasury. Starting 100 days after enactment, each fiscal quarter the Treasury would deposit 25% of revenue from federal onshore and offshore oil and gas lease sales and 25% of revenue from activities tied to Executive Order 14141 into the Fund. Mo…

## Related bills

- 119-s-4668: Protect College Sports Act of 2026
- 119-s-933: NASA Transition Authorization Act of 2025
- 119-s-4952: Protecting American Taxpayers Act
- 119-s-4378: Protecting American Taxpayers Act
- 119-s-3903: Railway Safety Act of 2026
- 119-s-5007: SEARCH Act of 2026

## Sources
- [119-s-168 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/168)

## Related
- [119-s-4668: Protect College Sports Act of 2026](https://policyrisk.com/legislation/119-s-4668)
- [119-s-933: NASA Transition Authorization Act of 2025](https://policyrisk.com/legislation/119-s-933)
- [119-s-4952: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4952)
- [119-s-4378: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4378)
- [119-s-3903: Railway Safety Act of 2026](https://policyrisk.com/legislation/119-s-3903)
- [119-s-5007: SEARCH Act of 2026](https://policyrisk.com/legislation/119-s-5007)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-168 (as of 2026-09-10).