CONGRESS FOR VOTERS

RepublicanBill · H.R. 7760· House(119-HR-7760)

Protect Future Dividends Act

Rep. Begich
Age: 49 years
Alaska
Introduced
3/3/2026
Last activity
3/3/2026 — Referred to the House Committee on Ways and Means.
Sponsored by
Nicholas Begich
Cosponsors
None
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "Protect Future Dividends Act," aims to change the Internal Revenue Code of 1986. It proposes to exclude certain payments from an individual's gross income. These payments would come from what the bill defines as a State sovereign wealth fund. These funds are established by a State specifically for the welfare of its individual residents. The changes would apply to payments received after the Act is enacted.

Yes· 3 of 7

  • Does this cut taxes for middle-income families?+5

    The bill excludes payments from state sovereign wealth funds from gross income, providing tax relief to recipients.

  • Would households on low incomes be better off under this?+4

    The exclusion of these payments from gross income provides a direct boost to the after-tax income of residents.

  • Would middle-income households be better off under this?+4

    The bill provides a tax advantage to individuals receiving periodic payments from state sovereign wealth funds.

The opposite

No question was scored the opposite.