# 119-s-4825: American A.I. Sovereign Wealth Fund Act

119-s-4825, American A.I. Sovereign Wealth Fund Act, is a 119th Congress bill sponsored by Sen. Sanders, Bernard [I-VT] (I-VT); status introduced; PRIA reads it as touching household money (as of 2026-09-03).

- Canonical: https://policyrisk.com/legislation/119-s-4825
- As of: 2026-09-03
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4825
- Congress: 119
- Title: American A.I. Sovereign Wealth Fund Act
- Status: introduced
- Introduced: 2026-06-18
- Sponsor: Sen. Sanders, Bernard [I-VT] (I-VT)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-09-03

## Summary

**An excise tax on systemically important AI companies** would force the biggest AI firms to pay largely in newly issued equity and place those shares into a public American A.I. Sovereign Wealth Fund. The fund would make annual distributions to support health care, education, housing, and a healthy environment and be overseen by an independent commission. - Families and households: The Fund would distribute 5 percent of its average market value each year to provide direct payments for health care, education, housing, and environmental goals as Congress directs. - Large AI firms and investors: A new excise tax would apply to companies with more than $200 million in AI-related gross receipts and must be paid so the Treasury holds 50 percent of outstanding equity after payment. Firms would also face extra tax rules on newly issued equity and limits that force structural separation from non-AI businesses. - Governance and markets: An Independent Commission for Democratic AI of seven commissioners would manage Fund assets, vote Fund-held shares, place representatives on company boards, promote worker welfare and fair competition, ban commissioners from holding affected company equity, and publish quarterly vote disclosures and annual machine-readable reports.

## Provisions PRIA read

- American AI sovereign wealth fund: benefit, high. This bill would create an American A.I. Sovereign Wealth Fund to hold equity taken as tax and any income from it. A seven-member independent commission would manage the Fund and exercise voting rights in covered firms. Each year Congress could appropriate an amount equal to 5% of the Fund's average…
- Forced structural separation for AI firms: cost, high. This bill would require applicable AI companies to reorganize so they only do AI trades or businesses. Covered firms could not hold or finance non-AI businesses, be held by non-AI owners, share officers or directors with non-AI firms, or join joint ventures with non-AI entities. The Federal Trade C…
- New excise tax and 50% equity seizure: cost, high. This bill would create a new excise tax on "applicable AI companies" with over $200 million in covered AI receipts. The tax would be paid by issuing new shares so the Treasury holds 50% of the company's outstanding equity immediately after payment. The bill would add a large accuracy-related additi…
- New reporting for large AI purchases: cost, medium. This bill would require businesses that buy large amounts of AI data centers, AI computing infrastructure, AI services, or advanced robotics to file a new return. The return must list the seller and the aggregate purchase amount when annual purchases exceed the dollar threshold under section 448(c)…
- Tighter inversion rules for AI deals: cost, medium. This bill would expand rules that treat some foreign companies as U.S. for tax purposes to limit inversion strategies. It would raise an ownership test to 80% in some surrogate-corporation cases and add an "inverted applicable AI company" test after acquisitions. The bill would also apply a 25% "si…
- New definitions for AI activities: mixed, medium. This bill would define terms that decide who is covered by the rules. An "AI data center" can be a site with over 20 megawatts of power or that delivers 20 kilowatts to a server rack or uses liquid cooling. "AI computing infrastructure" would include chips, servers, networking, and storage used for…

## Related bills

- 119-s-891: Bipartisan Health Care Act
- 119-s-2120: Older Americans Act Reauthorization Act of 2025
- 119-s-5071: Children's Safe Welcome Act of 2026
- 119-s-2838: Protecting Our Democracy Act
- 119-s-2819: Head Start for America's Children Act
- 119-s-5283: Momnibus Act

## Sources
- [119-s-4825 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4825)

## Related
- [119-s-891: Bipartisan Health Care Act](https://policyrisk.com/legislation/119-s-891)
- [119-s-2120: Older Americans Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-s-2120)
- [119-s-5071: Children's Safe Welcome Act of 2026](https://policyrisk.com/legislation/119-s-5071)
- [119-s-2838: Protecting Our Democracy Act](https://policyrisk.com/legislation/119-s-2838)
- [119-s-2819: Head Start for America's Children Act](https://policyrisk.com/legislation/119-s-2819)
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4825 (as of 2026-09-03).