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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S
R E P R E S E N T A T I V E S
House Memorial 1
A memorial to the Congress of the United States, 2
urging Congress to establish a framework for a 3
sovereign wealth fund for the United States. 4
5
WHEREAS, on February 3, 2025, President Donald J. Trump 6
issued an executive order that directs the Secretary of the 7
United States Department of the Treasury and the Secretary of 8
the United States Department of Commerce to develop a plan 9
within 90 days for the creation of a sov ereign wealth fund, and 10
WHEREAS, while the secretaries are developing the plan, 11
Congress should be proactive and establish the framework for the 12
sovereign wealth fund, and 13
WHEREAS, if Congress establishes the framework, the 14
sovereign wealth fund can be m ore efficiently implemented, and 15
WHEREAS, the sovereign wealth fund can be used to promote 16
fiscal sustainability, lessen the burden of taxes on families 17
and small business, establish long -term economic security, fund 18
critical projects, and promote the Uni ted States' economic and 19
strategic leadership internationally, NOW, THEREFORE, 20
21
Be It Resolved by the Legislature of the State of Florida: 22
23
That the Congress of the United States is urged to 24
establish a framework for a sovereign wealth fund. 25
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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S
R E P R E S E N T A T I V E S
BE IT FURTHER RESOLVED that the Legislature urges Congress 26
to enact any legislation necessary to establish the framework 27
for the sovereign wealth fund. 28
BE IT FURTHER RESOLVED that the Secretary of State is 29
directed to dispatch copies of this memorial to the Presi dent of 30
the United States, to the President of the United States Senate, 31
to the Speaker of the United States House of Representatives, 32
and to each member of the Florida delegation to the Congress of 33
the United States. 34