S. 4825In Committee
A bill to amend the Internal Revenue Code of 1986 to impose an excise tax on systemically important AI activity, and for other purposes.
Imposes an excise tax on systemically important artificial intelligence activity by amending the Internal Revenue Code
Plain-English overview
What this bill does
Imposes an excise tax on systemically important artificial intelligence activity by amending the Internal Revenue Code
Key points
- Amend the Internal Revenue Code
- Establish an excise tax
Current status
Where it stands
Status
In Committee
Latest action
2026-06-18 — Read twice and referred to the Committee on Finance.
Related context
Topics and policy areas
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