Energy for America’s Economic Future Act has not moved since its introduction on Jan 21, 2025, with no cosponsors
IntroducedJan 21, 2025
Reported—
Passed one chamber—
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 103 words.
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.
Context
- Committees
- Senate Energy and Natural Resources Committee
- Policy area
- Energy: 27 of 2,251 bills became law, 113th–118th (1.2%)
- Sponsor
- 1 of 78 bills enacted since 2013
- Text versions
- 1: introduced in senate · 409 words
- Latest action
- Jan 21, 2025: Read twice and referred to the Committee on Energy and Natural Resources.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 0
The bill status record lists no related bills.
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]