SM 1488: United States Sovereign Wealth Fund
MEMORIAL by Avila
United States Sovereign Wealth Fund; Urging Congress to establish a framework for a sovereign wealth fund for the United States, etc.
Senate Committee References:
- Commerce and Tourism (CM)
- Rules (RC)
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Bill History
Date Chamber Action 2/27/2025 Senate • Filed
3/6/2025 Senate • Referred to Commerce and Tourism; Rules
3/10/2025 Senate • Introduced
3/12/2025 Senate • On Committee agenda-- Commerce and Tourism, 03/17/25, 1:30 pm, 110 Senate Building
3/17/2025 Senate • Favorable by Commerce and Tourism; YEAS 6 NAYS 3
3/18/2025 Senate • Now in Rules
3/21/2025 Senate • On Committee agenda-- Rules, 03/26/25, 9:00 am, 412 Knott Building
3/26/2025 Senate • Favorable by- Rules; YEAS 20 NAYS 4
• Placed on Calendar, on 2nd reading
4/1/2025 Senate • Placed on Special Order Calendar, 04/03/25
4/3/2025 Senate • Read 2nd time -SJ 317
• Adopted -SJ 317
• Immediately certified -SJ 330
4/3/2025 House • In Messages
4/28/2025 House • Bill referred to House Calendar
• Bill added to Special Order Calendar (4/29/2025)
• 1st Reading (Original Filed Version)
4/29/2025 House • Read 2nd time
• Adopted
4/29/2025 Senate • Ordered enrolled
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SM 1488, Enrolled (Current Bill Version) Posted 4/30/2025 at 9:42 AM
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SM 1488, Original Filed Version Posted 2/27/2025 at 8:45 AM
Bill Text: Web Page | PDF Analyses: Commerce and Tourism (Pre-Meeting) 3/14/2025 (pdf)
Commerce and Tourism (Post-Meeting) 3/17/2025 (pdf)
Rules (Pre-Meeting) 3/25/2025 (pdf)
Rules (Post-Meeting) 3/26/2025 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 4063 Framework for a Sovereign Wealth Fund Anderson Identical Last Action: 4/29/2025 H Laid on Table, refer to SM 1488 
Committee Votes (2)
Date Committee Result 3/17/2025 1:30 PM Commerce and Tourism 6 Yeas - 3 Nays 3/26/2025 9:00 AM Rules 20 Yeas - 4 Nays