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Bernie Sanders’ New AI Bill Would Pay Americans $1,000 a Year

Senator Bernie Sanders introduced legislation on June 18, 2026, to create a public fund by seizing 50% of the largest AI firms through a one-time stock tax. The act would establish a seven-member Independent Commission for Democratic AI to hold voting shares and block harmful corporate decisions. A 5% annual dividend from the fund would provide residents with roughly $1,000 each.

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What changed

Added specific details on the $7 trillion valuation, the 50% stock tax mechanism, and the proposed Independent Commission for Democratic AI.

Live updates

  1. Sanders Proposes $7 Trillion AI Sovereign Wealth Fund Act

    Senator Bernie Sanders introduced legislation on June 18, 2026, to create a public fund by seizing 50% of the largest AI firms through a one-time stock tax. The act would establish a seven-member Independent Commission for Democratic AI to hold voting shares and block harmful corporate decisions. A 5% annual dividend from the fund would provide residents with roughly $1,000 each.

    What's confirmed:

    • Senator Bernie Sanders introduced the American AI Sovereign Wealth Fund Act on June 18, 2026.
    • The bill proposes a one-time 50% stock tax on the largest U.S. AI companies.
    • The legislation would create a public fund estimated at $7 trillion.
    • A seven-member Independent Commission for Democratic AI would hold voting shares and manage the fund.
    • The plan uses a 5% annual dividend to pay U.S. residents approximately $1,000.
    • Companies with both AI and non-AI business lines would be required to split them.
    • The tax applies to AI companies with more than $200 million in annual AI-related revenue.

    Still unconfirmed:

    • OpenAI CEO Sam Altman has discussed voluntary equity transfers with Trump administration officials.
    • Vice President JD Vance has expressed support for public AI ownership.
    • The transfer of equity violates the Fifth Amendment.
    confidence 95%

  2. Sanders Proposes Federal Fund Using 50% Stake in Top AI Firms

    Senator Bernie Sanders introduced the American AI Sovereign Wealth Fund Act to provide Americans with $1,000 annual payments. The legislation seeks to give the public a direct stake in the largest AI companies. Sanders views AI as a public resource derived from collective human genius.

    What's confirmed:

    • The American AI Sovereign Wealth Fund Act would transfer 50% of top AI companies' equity into a federal fund.
    • The proposed legislation would provide each American with a $1,000 yearly payment.
    • Senator Bernie Sanders introduced the bill on a Thursday.

    Still unconfirmed:

    • President Donald Trump has echoed the idea of giving the public a direct stake in the largest AI firms.
    confidence 100%

  3. Bernie Sanders Proposes AI Sovereign Wealth Fund for Annual Payouts

    Senator Bernie Sanders introduced the American AI Sovereign Wealth Fund Act to grant the public a stake in major AI firms. The bill proposes annual payments of $1,000 to Americans. Sanders argues that AI is a public resource built from collective human genius.

    What's confirmed:

    • Bernie Sanders introduced the American AI Sovereign Wealth Fund Act.
    • The proposal includes annual payments of $1,000 to Americans.
    • The bill would give Americans 50% ownership of the largest AI companies if they become profitable.

    Still unconfirmed:

    • The proposed sovereign wealth fund is estimated to be worth $7 trillion.
    • The bill would create a new regulatory regime for the tech industry.
    • One analyst described the proposal as nutty.
    confidence 90%