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Economy of the Future Commission Act of 2026

USA119th CongressHR-8345| House 
| Updated: 4/16/2026
Jay Obernolte

Jay Obernolte

Republican Representative

California

Cosponsors (2)
Sara Jacobs (Democratic)Donald S. Beyer (Democratic)

Transportation and Infrastructure Committee, Science, Space, and Technology Committee, Energy and Commerce Committee, Education and Workforce Committee, Oversight and Government Reform Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill establishes the Economy of the Future Commission within the legislative branch, tasked with developing consensus legislative recommendations. The primary purpose of this Commission is to address the significant economic changes anticipated or already occurring due to the widespread adoption of artificial intelligence (AI) . The Commission will comprise 12 members appointed by congressional leaders, with each leader appointing three members, ensuring bipartisan representation. Additionally, the Deputy Secretaries of Education, Labor, Commerce, and the Treasury will serve as nonvoting members. Appointments are to be made within 45 days of enactment, and the Commission will be led by two bipartisan co-chairs, one from the House and one from the Senate. The Commission's duties include evaluating the effectiveness of current responses to AI's economic impacts and developing recommendations across various sectors. These areas include: Government data, research, and measurement; Workforce development programs, K-12 education, and higher education; Social safety net programs and worker support; Standards for AI adoption across the Federal Government and related skill needs; The merits of open-source AI models for small businesses and government efficiency; A national Federal AI research investment strategy and public-private partnerships for research access; Manufacturing technologies, supply chain challenges for AI-heavy emerging technologies like robotics; Cloud computing-based laboratories for AI research; Transportation safety policies for autonomous vehicles; Energy demands from the AI industry and data centers; and The use of AI-enabled robotics in government and industry. To fulfill its mandate, the Commission is granted powers to hold hearings, subpoena witnesses, contract for services, and obtain information from federal agencies. It can also accept non-monetary gifts and appoint staff and experts. Members will receive compensation, except for federal employees and Members of Congress, and will be reimbursed for travel expenses. The Commission is required to submit an interim report within 7 months, providing initial estimates of employment changes and federal revenue impacts due to AI, along with public resources on AI. A comprehensive final report is due within 13 months, containing legislative recommendations on AI education, employee reskilling, unemployment insurance, taxation policy, and maintaining global competitiveness. The Commission, funded with $5,250,000, will terminate 120 days after the submission of its final report.
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Timeline
Mar 11, 2026

Latest Companion Bill Action

S 119-4046
Introduced in Senate
Apr 16, 2026
Introduced in House
Apr 16, 2026
Referred to the Committee on Science, Space, and Technology, and in addition to the Committees on Energy and Commerce, Transportation and Infrastructure, Oversight and Government Reform, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • March 11, 2026

    Latest Companion Bill Action

    S 119-4046
    Introduced in Senate


  • April 16, 2026
    Introduced in House


  • April 16, 2026
    Referred to the Committee on Science, Space, and Technology, and in addition to the Committees on Energy and Commerce, Transportation and Infrastructure, Oversight and Government Reform, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Congress

Related Bills

  • S 119-4046: Economy of the Future Commission Act of 2026

Economy of the Future Commission Act of 2026

USA119th CongressHR-8345| House 
| Updated: 4/16/2026
This bill establishes the Economy of the Future Commission within the legislative branch, tasked with developing consensus legislative recommendations. The primary purpose of this Commission is to address the significant economic changes anticipated or already occurring due to the widespread adoption of artificial intelligence (AI) . The Commission will comprise 12 members appointed by congressional leaders, with each leader appointing three members, ensuring bipartisan representation. Additionally, the Deputy Secretaries of Education, Labor, Commerce, and the Treasury will serve as nonvoting members. Appointments are to be made within 45 days of enactment, and the Commission will be led by two bipartisan co-chairs, one from the House and one from the Senate. The Commission's duties include evaluating the effectiveness of current responses to AI's economic impacts and developing recommendations across various sectors. These areas include: Government data, research, and measurement; Workforce development programs, K-12 education, and higher education; Social safety net programs and worker support; Standards for AI adoption across the Federal Government and related skill needs; The merits of open-source AI models for small businesses and government efficiency; A national Federal AI research investment strategy and public-private partnerships for research access; Manufacturing technologies, supply chain challenges for AI-heavy emerging technologies like robotics; Cloud computing-based laboratories for AI research; Transportation safety policies for autonomous vehicles; Energy demands from the AI industry and data centers; and The use of AI-enabled robotics in government and industry. To fulfill its mandate, the Commission is granted powers to hold hearings, subpoena witnesses, contract for services, and obtain information from federal agencies. It can also accept non-monetary gifts and appoint staff and experts. Members will receive compensation, except for federal employees and Members of Congress, and will be reimbursed for travel expenses. The Commission is required to submit an interim report within 7 months, providing initial estimates of employment changes and federal revenue impacts due to AI, along with public resources on AI. A comprehensive final report is due within 13 months, containing legislative recommendations on AI education, employee reskilling, unemployment insurance, taxation policy, and maintaining global competitiveness. The Commission, funded with $5,250,000, will terminate 120 days after the submission of its final report.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 11, 2026

Latest Companion Bill Action

S 119-4046
Introduced in Senate
Apr 16, 2026
Introduced in House
Apr 16, 2026
Referred to the Committee on Science, Space, and Technology, and in addition to the Committees on Energy and Commerce, Transportation and Infrastructure, Oversight and Government Reform, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • March 11, 2026

    Latest Companion Bill Action

    S 119-4046
    Introduced in Senate


  • April 16, 2026
    Introduced in House


  • April 16, 2026
    Referred to the Committee on Science, Space, and Technology, and in addition to the Committees on Energy and Commerce, Transportation and Infrastructure, Oversight and Government Reform, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jay Obernolte

Jay Obernolte

Republican Representative

California

Cosponsors (2)
Sara Jacobs (Democratic)Donald S. Beyer (Democratic)

Transportation and Infrastructure Committee, Science, Space, and Technology Committee, Energy and Commerce Committee, Education and Workforce Committee, Oversight and Government Reform Committee

Congress

Related Bills

  • S 119-4046: Economy of the Future Commission Act of 2026
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted