HR 7760
Protect Future Dividends Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 4:08 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Protect Future Dividends Act, aims to exempt payments received by individuals from state sovereign wealth funds from being considered taxable income. Specifically, it clarifies that payments from these funds – which are established by states for the benefit of their residents – are not subject to federal income tax. The bill defines a ‘State sovereign wealth fund’ and specifies the conditions under which these funds must operate to qualify for this exemption. It takes effect upon enactment.
Sponsors
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Primary sponsor
Nicholas J. [R-AK-At Large] Begich
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