summary
Introduced
09/11/2024
09/11/2024
In Committee
09/11/2024
09/11/2024
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To establish a commission to study the creation of a national sovereign wealth fund by the United States, and for other purposes.
AI Summary
This bill establishes a commission to study the feasibility, considerations, and implications of creating a national sovereign wealth fund owned and managed by the United States. The commission, composed of representatives from various government agencies and academic experts, will investigate potential sources of revenue, management logistics, composition of the fund, ownership rights, and usage of the fund's wealth. The commission will also solicit views from all parties concerned and evaluate the advisability of proposals related to the creation of the fund. Within 2 years, the commission will submit a report to the public, the President, and relevant congressional committees, outlining its findings and recommendations for legislative action and administrative rulemaking by federal departments and agencies.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to the House Committee on Financial Services. (on 09/11/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/9543/all-info |
| BillText | https://www.congress.gov/118/bills/hr9543/BILLS-118hr9543ih.pdf |
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