The bill would create a commission to study whether the United States should establish a national sovereign wealth fund. The commission would examine possible funding sources, investments, uses, management, and economic and national security effects. It would send a public report with findings and recommendations, including proposed legislative actions, within two years after its first meeting. The bill does not create the fund.
The commission would study possible effects on areas such as taxes, public programs, housing affordability, jobs, and the economy. The bill does not promise a fund or direct payments to the public.
The commission could hire staff and experts, enter contracts, and pay members' travel expenses. The bill does not specify a total cost.
No publicly available information.
No publicly available information.