United States Sovereign Wealth Fund — Florida SM 1488

• Florida Legislature memorial urging the U.S. Congress to establish a framework for a United States sovereign wealth fund
• References President Trump's executive order of February 3, 2025, which directed the Secretaries of the Treasury and Commerce to develop a plan for creating a sovereign wealth fund within 90 days
• States the sovereign wealth fund could promote fiscal sustainability, lessen the tax burden on families and small businesses, establish long-term economic security, fund critical projects, and promote U.S. economic and strategic leadership internationally
• Urges Congress to proactively enact any legislation necessary to establish the framework so the fund can be more efficiently implemented
• Directs the Florida Secretary of State to send copies of the memorial to the President, the U.S. Senate President, the U.S. House Speaker, and all members of Florida's congressional delegation