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Establishing the Economy of the Future Commission to Address AI Impacts

This act creates a commission to study how artificial intelligence will change jobs, schools, and taxes. It aims to recommend new laws that help people adapt to economic shifts caused by AI technology.
Key points
Predicting job market changes across different industries over the next 5 and 10 years.
Creating plans for worker retraining and updating education from kindergarten through college.
Recommending changes to tax policies and unemployment insurance to reflect the AI-driven economy.
Providing free public resources to help citizens learn about AI and its economic effects.
Exempting the commission's internal records from public disclosure laws (FOIA), though final reports must be public.
Allocating $5.25 million to fund the commission's research and legislative recommendations.
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Status:
Introduced
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Additional Information
Print number: 119_S_4046
Sponsor: Sen. Warner, Mark R. [D-VA]
Process start date: 2026-03-11
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Economy of the Future Commission Act of 2026

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_4046.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2026-03-11.

What are the main provisions?

Key points include:

  • Predicting job market changes across different industries over the next 5 and 10 years.
  • Creating plans for worker retraining and updating education from kindergarten through college.
  • Recommending changes to tax policies and unemployment insurance to reflect the AI-driven economy.
  • Providing free public resources to help citizens learn about AI and its economic effects.
  • Exempting the commission's internal records from public disclosure laws (FOIA), though final reports must be public.
  • Allocating $5.25 million to fund the commission's research and legislative recommendations.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Warner, Mark R. [D-VA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-03-21.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Labor Informatization