Energy for America’s Economic Future Act

Read twice and referred to the Committee on Energy and Natural Resources.

Congressional Research Service

Official summary

Version 00 · Introduced in Senate · Jan 21, 2025

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.

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People & committees

Who introduced it

Sen. Schmitt, Eric [R-MO] · R–MO

Committees

Energy and Natural Resources Committee

0 cosponsorship records, including any withdrawals

Legislative record

Actions

A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

Jan 21, 2025
Read twice and referred to the Committee on Energy and Natural Resources.
Jan 21, 2025
Introduced in Senate

Primary sources

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Introduced in Senate · Jan 21, 2025 Formatted Text PDF Formatted XML

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.

AI Conversation Starters

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Neutral evidence review

Objective

Analyze S.168 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Discuss S.168, 119th Congress: Energy for America’s Economic Future Act

Official record: https://www.congress.gov/bill/119th-congress/senate-bill/168

Text version to examine: Introduced in Senate · 2025-01-21.

Official full text: https://www.congress.gov/119/bills/s168/BILLS-119s168is.htm

Imported record last updated by the source: 2026-09-08T18:09:59Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze S.168 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

Fairness and public impact

Progressive lens

Examine S.168 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Discuss S.168, 119th Congress: Energy for America’s Economic Future Act

Official record: https://www.congress.gov/bill/119th-congress/senate-bill/168

Text version to examine: Introduced in Senate · 2025-01-21.

Official full text: https://www.congress.gov/119/bills/s168/BILLS-119s168is.htm

Imported record last updated by the source: 2026-09-08T18:09:59Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.168 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

Institutions and government scope

Conservative lens

Examine S.168 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

View full prompt & sources

Discuss S.168, 119th Congress: Energy for America’s Economic Future Act

Official record: https://www.congress.gov/bill/119th-congress/senate-bill/168

Text version to examine: Introduced in Senate · 2025-01-21.

Official full text: https://www.congress.gov/119/bills/s168/BILLS-119s168is.htm

Imported record last updated by the source: 2026-09-08T18:09:59Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.168 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

Individual rights and government power

Liberty lens

Examine S.168 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

View full prompt & sources

Discuss S.168, 119th Congress: Energy for America’s Economic Future Act

Official record: https://www.congress.gov/bill/119th-congress/senate-bill/168

Text version to examine: Introduced in Senate · 2025-01-21.

Official full text: https://www.congress.gov/119/bills/s168/BILLS-119s168is.htm

Imported record last updated by the source: 2026-09-08T18:09:59Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.168 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.