Introduce the American A.I. Sovereign Wealth Fund Act to give the public a direct ownership stake in the largest A.I. companies through a sovereign wealth fund funded by a one-time 50 percent tax on company stock.

That is why I will soon be introducing the American A.I. Sovereign Wealth Fund Act. This legislation would give the public a direct ownership stake in the largest A.I. companies in our country. How? It would create a sovereign wealth fund through a one-time 50 percent tax ... paid with something far more valuable than that: the stock.

Sanders commits to introducing legislation that would create a public ownership stake in major AI companies through a sovereign wealth fund.

The Public Should Own Half of the Big A.I. Companies » Senator Bernie Sanders
primary · official_post · model gpt-5.4-mini

This Act may be cited as the ‘‘American A.I. Sovereign Wealth Fund Act’’. ... There is hereby imposed on any applicable AI company a tax equal to the amount determined under subsection (b). ... immediately after the tax has been paid, the Secretary shall hold 50 percent of all outstanding equity interests in the applicable AI company

The bill text proposes the American A.I. Sovereign Wealth Fund Act, imposing an excise tax on systemically important AI companies so the federal government holds 50 percent of their outstanding equity interests.

AmericanAIWealthFundTextv618.pdf
primary · other · model gpt-5.5

The legislation that Sanders is introducing would give the public a direct ownership stake in the largest AI companies in America through a one-time 50% tax on the stock of the biggest AI companies. This stock would be deposited into the sovereign wealth fund.

Sanders introduced legislation to create an AI sovereign wealth fund giving the public a 50% ownership stake in the largest AI companies through a one-time stock tax.

NEWS: Sanders Introduces Legislation to Create $7 Trillion AI Sovereign Wealth Fund » Senator Bernie Sanders
primary · press_release · model gpt-5.5

"That is why I will soon be introducing the American A.I. Sovereign Wealth Fund Act."

Sanders publicly announced the forthcoming bill and said more details would come in the legislation he would unveil in the coming weeks. I found no official bill introduction in the lookback window, so the promise remains unresolved as of 2026-06-07.

unresolved unknown A for effort

The Public Should Own Half of the Big A.I. Companies » Senator Bernie Sanders
primary · model gpt-5.4-mini · confidence 95%

Sanders' Senate office said he "today introduced the American AI Sovereign Wealth Fund Act" to give the public 50% ownership in large AI companies.

Within the lookback window, Sanders' official Senate site reported that he introduced the American AI Sovereign Wealth Fund Act on June 18, 2026. The release says the bill would create public ownership through a one-time 50% tax on the stock of the biggest AI companies, matching the campaign commitment.

delivered same_term A for effort

NEWS: Sanders Introduces Legislation to Create $7 Trillion AI Sovereign Wealth Fund » Senator Bernie Sanders
primary · model gpt-5.5 · confidence 97%

The bill text states the short title as "American A.I. Sovereign Wealth Fund Act" and imposes an excise tax on systemically important AI activity.

The linked official bill text confirms the legislation's title and core mechanism. It would require applicable AI companies to remit newly issued equity so Treasury holds 50% of outstanding equity interests, with those interests transferred to the American A.I. Sovereign Wealth Fund.

delivered same_term A for effort

AmericanAIWealthFundTextv618.pdf
primary · model gpt-5.5 · confidence 95%

The official summary says the Act would give the public direct ownership through a one-time 50% tax on stock deposited into a sovereign wealth fund.

Sanders' official bill summary confirms the implementation details promised: a direct public ownership stake in the largest AI companies, a one-time 50% equity tax, and deposit of that stock into the American AI Sovereign Wealth Fund managed by an Independent Commission for Democratic AI.

delivered same_term A for effort

American A.I. Sovereign Wealth Fund Act summary
secondary · model gpt-5.5 · confidence 94%