3.0.0 168 2026-09-08T18:09:59Z 2026-09-08T18:09:59Z Senate S S 2025-01-21 119 https://www.congress.gov/bill/119th-congress/senate-bill/168 sseg00 Energy and Natural Resources Committee Senate Standing Referred To 2025-01-21T21:52:09Z 2025-01-21 sseg00 Energy and Natural Resources Committee Senate Read twice and referred to the Committee on Energy and Natural Resources. IntroReferral 2025-01-21 Introduced in Senate IntroReferral 10000 9 Library of Congress S001227 Sen. Schmitt, Eric [R-MO] Eric Schmitt R MO S. N Energy Energy 2025-02-21T16:21:10Z 00 2025-01-21 Introduced in Senate 2025-07-29T17:28:58Z 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.

]]> Energy for America’s Economic Future Act Display Title 45 Energy for America’s Economic Future Act 2025-02-21T03:23:20Z Short Title(s) as Introduced 101 Energy for America’s Economic Future Act 2025-02-21T03:23:18Z Introduced in Senate IS Official Title as Introduced 6 A bill to establish a debt reduction fund to reduce the national debt of the United States, and for other purposes. 2025-02-21T03:18:29Z Introduced in Senate IS Introduced in Senate 2025-01-21T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119s168is/xml/BILLS-119s168is.xml 2025-01-21 Read twice and referred to the Committee on Energy and Natural Resources. text/xml EN 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. Congressional Research Service, Library of Congress 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.