A Democratic bill with no cosponsors
Last activity — Read twice and referred to the Committee on Finance.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill establishes an excise tax on algorithmic digital advertising revenue received by certain corporations and partnerships. The revenue collected from this tax is appropriated to a newly created trust fund known as the Social Capital Fund. Amounts in the Social Capital Fund are made available to the Secretary of Housing and Urban Development to make grants for funding eligible activities. Eligible activities include supporting local recreational programs, public spaces, community organizations, and programs addressing technology or social media addiction. The purpose of the Act is to push big technology companies away from business models that profit from screen addiction and to invest in local civic infrastructure. The amendments made by this section apply to taxable years beginning after December 31, 2026.
Yes· 3 of 24
- Scored +7
Does this put more rules on large technology companies?
The bill levies a steep excise tax scaled from 10% to 50% on large social media platforms using personalized recommendation systems for digital ads.
- Scored +6
Does this raise the taxes companies pay?
The bill establishes a new excise tax on algorithmic digital advertising revenue received by certain large corporations and partnerships.
- Scored +4
Would children be better off under this?
The bill funds recreational programs, playgrounds, parks, and Parent Teacher Organizations that directly benefit children.
The opposite
- Scored -4
Would billionaires be better off under this?
Owners and major shareholders of massive technology and social media corporations will see substantial tax liabilities.
- Scored -3
Would business owners be better off under this?
Large digital advertising corporations face a significant new excise tax on their algorithmic ad revenues.
Who it would affect, and how
Potential Positive Impacts for People
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Funding for Local Public Spaces and Recreation: Under Section 3(b), which adds Section 9512(d)(2) to the Internal Revenue Code, grant money can be used for the construction, renovation, operation, or maintenance of parks, trails, playgrounds, recreation centers, pools, libraries, and affordable museums or arts centers. This is a positive outcome because it provides free or affordable community spaces for residents.
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Support for Community Organizations and Schools: Under Section 3(b), which adds Section 9512(d)(3) and (4) to the Internal Revenue Code, grants can provide support for not-for-profit organizations formed to support public venues and for Parent Teacher Organizations at public schools. This is a positive outcome as it directly assists local school support groups and community-backing organizations.
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Addressing Technology Addiction: Under Section 3(b), which adds Section 9512(d)(9) to the Internal Revenue Code, funds can be used to support programs that teach the responsible use of technology or treat addiction to social media or artificial intelligence. This is a positive outcome for individuals struggling with screen time and digital habits.
Potential Negative Impacts for People
- Tax Burdens and Economic Pass-Through: Under Section 3(a), which adds Section 5000E to the Internal Revenue Code, an excise tax ranging from 10 percent to 50 percent is imposed on algorithmic digital advertising revenue exceeding $500,000,000. While the tax targets large entities, this burden could potentially lead businesses to pass increased costs onto everyday consumers or advertisers using these platforms.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would children be better off under this? — The bill funds recreational programs, playgrounds, parks, and Parent Teacher Organizations that directly benefit children. Would households on low incomes be better off under this? — Grant funds prioritize free public spaces, parks, pools, and community development financial institutions serving individuals of all incomes. Would Native Americans be better off under this? — Indian tribes are explicitly included as eligible recipients for competitive allocations under the Social Capital Fund. Would people in rural areas be better off under this? — Nonentitlement and rural areas are included in the distribution rules for trust fund grants to support local community spaces. Would students be better off under this? — Students benefit from increased support for school-related Parent Teacher Organizations and local recreational programs. Would people in cities be better off under this? — Urban communities receive formula and competitive grants to improve parks, libraries, and civic spaces. Would people in their twenties and thirties be better off under this? — Young adults benefit from programs addressing social media addiction and investments in public recreation and community spaces. Would Black Americans be better off under this? — Equitably distributed community grants support public infrastructure and social capital in diverse neighborhoods. Would Hispanic Americans be better off under this? — Equitable grant allocations help fund community development and local spaces in underserved areas. Would people in middle age be better off under this? — Community investments in public spaces and parks improve quality of life for middle-aged residents. Would middle-income households be better off under this? — Middle-class families benefit from improved community infrastructure, local parks, and school support organizations. Would people over 65 be better off under this? — Seniors benefit from enhanced local public spaces, libraries, and community centers supported by the trust fund. Would billionaires be better off under this? — Owners and major shareholders of massive technology and social media corporations will see substantial tax liabilities. Would business owners be better off under this? — Large digital advertising corporations face a significant new excise tax on their algorithmic ad revenues.
- Economy And Finance
- Does this raise the taxes companies pay? — The bill establishes a new excise tax on algorithmic digital advertising revenue received by certain large corporations and partnerships. Does this make it easier to run a small business? — Grants funded by the tax revenue can be used to support locally owned small businesses that serve as social spaces for community residents. Does this reduce what the federal government owes? — The introduction of a new excise tax on digital advertising will generate revenue that is deposited into the Treasury and allocated to a trust fund. Does this give people more protection from unfair business practices? — The bill aims to discourage business models that profit from screen addiction by taxing algorithmic digital advertising. Is this likely to grow the economy? — Revenue from the tax is invested into local civic infrastructure, parks, and community development organizations. Does this cut taxes for small businesses? — The tax only applies to entities with algorithmic digital advertising revenue exceeding $500,000,000, effectively excluding small businesses.
- Education And Technology
- Does this put more rules on large technology companies? — The bill levies a steep excise tax scaled from 10% to 50% on large social media platforms using personalized recommendation systems for digital ads. Does this put more money into public schools? — Grants from the Social Capital Fund explicitly provide support for Parent Teacher Organizations at public elementary and secondary schools.
- Healthcare
- Does this make mental health care easier to get? — Grant funds from the Social Capital Fund may be used to support programs treating addiction to social media or artificial intelligence.
- Environment Energy And Infrastructure
- Does this invest in rural communities? — Grants from the Social Capital Fund are allocated broadly, including through formulas reaching nonentitlement and rural areas for community projects.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The legislation requires reporting, audits, and standardized metrics for evaluating programs funded by the Social Capital Fund.
- Social Issues And Justice
- Is this likely to lift people out of poverty? — Community development and local infrastructure investments help support lower-income and marginalized areas.
- 9/24/2026
- Read twice and referred to the Committee on Finance.
- Introduced in Senate