
Part of the Which AI regulations will be implemented by the US federal government by 2028? topic →
This market asks whether the American AI Sovereign Wealth Fund Act will be enacted by January 1, 2029. The bill was formally introduced by Senator Bernie Sanders on June 18, 2026, proposing a one-time 50% stock tax on the largest AI companies to create a $7 trillion sovereign wealth fund. The proposal faces enormous political, legal, and practical hurdles in a GOP-controlled Congress. The White House has not endorsed the proposal, and it lacks bipartisan support. The current quote of 3 appropriately reflects the very low probability of enactment.
Legislation proposes 50% stock tax on largest AI companies to create ~$7 trillion sovereign wealth fund managed by 7-member independent commission, with potential $1,000+ annual payments to Americans.
Sen. Bernie Sanders announces plan to introduce legislation creating a sovereign wealth fund through 50% equity tax on AI companies

Will any meaningful federal AI regulation be enacted into law by 2029?

Will a federal tax on AI tokens at a provider level be enacted into law by 2029?

Will the US government take an equity stake in OpenAI by the end of 2026?

Will the US government take an equity stake in Anthropic by the end of 2026?

Will AGI not yet be developed by the end of 2030?

Will AGI be developed and be net positive to the world by the end of 2030?