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    <number>3116</number>
    <updateDate>2025-05-21T12:06:19Z</updateDate>
    <updateDateIncludingText>2025-05-21T12:06:19Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2025-04-30</introducedDate>
    <congress>119</congress>
    <cdata>
      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 171, Number 72 (Wednesday, April 30, 2025)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. McGARVEY:H.R. 3116.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8[Page H1776]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Referred To</name>
            <date>2025-04-30T14:00:05Z</date>
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        <actionDate>2025-04-30</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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    <sponsors>
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        <bioguideId>M001220</bioguideId>
        <fullName>Rep. McGarvey, Morgan [D-KY-3]</fullName>
        <firstName>Morgan</firstName>
        <lastName>McGarvey</lastName>
        <party>D</party>
        <state>KY</state>
        <district>3</district>
        <isByRequest>N</isByRequest>
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    <policyArea>
      <name>Finance and Financial Sector</name>
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    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2025-05-21T12:06:19Z</updateDate>
      </policyArea>
    </subjects>
    <title>American Sovereign Wealth Fund Exploration Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>American Sovereign Wealth Fund Exploration Act</title>
        <updateDate>2025-05-13T05:23:28Z</updateDate>
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        <titleType>Short Title(s) as Introduced</titleType>
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        <title>American Sovereign Wealth Fund Exploration Act</title>
        <updateDate>2025-05-13T05:23:26Z</updateDate>
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      <item>
        <titleType>Official Title as Introduced</titleType>
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        <title>To establish a commission to study the creation of a national sovereign wealth fund by the United States, and for other purposes.</title>
        <updateDate>2025-05-13T05:18:43Z</updateDate>
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        <date>2025-04-30T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-119hr3116ih/xml/BILLS-119hr3116ih.xml</url>
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    <latestAction>
      <actionDate>2025-04-30</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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