House bill · 119th Congress · Latest step: Introduced
American Sovereign Wealth Fund Exploration Act
Official title: To establish a commission to study the creation of a national sovereign wealth fund by the United States, and for other purposes.
Open in Bill Explorer →Where it went
- IntroducedApr 30, 2025
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Apr 30, 2025 — Referred to the House Committee on Financial Services.
Cost and committee reports
Official records Congress.gov attaches to H.R. 3116.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. McGARVEY, as printed in the Congressional Record (Vol. 171, No. 72, April 30, 2025, Page H1776):Article I, Section 8Source: Congress.gov, Congressional Record April 30, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 20 characters
- Congress.gov bill record
- H.R. 3116, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/3116
- Record last updated by Congress.gov
- May 21, 2025
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
e103f9eccab7a92b9c02d61b692a2196bf8381a5af428b8e61816f58fd311a03
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of May 21, 2025). Not every bill gets one.
From the Congress.gov bill record for H.R. 3116, last updated May 21, 2025. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
No cosponsors.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Morgan McGarvey.
- H.R. 1621 (119th) Entrepreneurs with Disabilities Reporting Act of 2025
- H.R. 6579 (119th) Justice for Breonna Taylor Act
- H.R. 9195 (119th) Alice Cogswell and Anne Sullivan Macy Act
- H.R. 5966 (119th) Ohio River Restoration Program Act
- H.R. 9287 (119th) Child Safety and Well-Being Act of 2026
- H.R. 6757 (119th) Relief for Survivors of Miners Act of 2025
Sponsor’s state and district
Data as of Sep 14, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.