Economy of the Future Commission Act of 2026
Sponsored By: Senator Mark Warner
Introduced
Summary
Prepare Congress and the nation for the economic shifts caused by artificial intelligence. This bill would create the Economy of the Future Commission in the legislative branch to develop consensus legislative recommendations addressing AI-driven changes to the economy.
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- Families and workers: Would direct the Commission to study education and workforce needs and publish public AI education and reskilling resources for affected workers and households.
- Congress and policy makers: Would establish a bipartisan, 10-member congressional body with interim and final reports that must include employment impacts by six-digit North American Industry Classification System (NAICS) codes and federal revenue projections.
- Federal agencies and industry: Would authorize study of AI adoption across federal operations, manufacturing and supply chains, transportation safety, energy demand from AI infrastructure, cloud computing labs, and non-Department of Defense use of AI-enabled robotics. The Commission would have subpoena and information-gathering powers, panel and contracting authority, and staff and expert support.
*Would authorize a one-time $5.3 million appropriation to carry out the Commission, increasing federal outlays by that amount.*
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Bill Overview
Analyzed Economic Effects
6 provisions identified: 3 benefits, 1 costs, 2 mixed.
Interim and final reports on AI and jobs
If enacted, the Commission would publish an interim public report within 7 months with job-change estimates by 6-digit NAICS code for 5- and 10-year horizons, the Commission's confidence level, Federal revenue estimates for tax years starting 5 and 10 years after enactment, and a list of free public AI resources. The Commission would submit a final report within 13 months with legislative recommendations on AI education, reskilling, unemployment insurance, tax policy, and competitiveness. The Treasury, Commerce, Labor, and Education Secretaries would each have 60 days to send an assessment of the final report to Congress.
Congress creates AI economy commission
This bill would create the "Economy of the Future Commission" in Congress to study economic changes from artificial intelligence. Ten members would be appointed by congressional leaders within 45 days, plus four nonvoting deputy Secretaries. The Commission must meet within 60 days and would end 120 days after it files its final report.
Pay, hiring, and member allowances
If enacted, Commission co-chairs could hire a staff director and other staff without standard federal hiring rules. Staff pay would be capped at the Executive Schedule level V rate and experts paid up to the daily equivalent of level IV. Each appointed member could receive daily pay up to the Executive Schedule level IV rate and get travel expenses like intermittent government employees.
One-time $5.25 million funding
If enacted, the bill would provide a one-time appropriation of $5,250,000 from the Treasury to carry out the Commission. The funds would remain available until the Commission terminates under its termination clause.
Commission subpoena and data access powers
This bill would allow the Commission to request data and assistance from federal departments and agencies as allowed by law. It would also let the Commission hold hearings, take sworn testimony, and issue subpoenas for documents and witnesses. Failure to comply with subpoenas would be handled under existing congressional enforcement law.
Limits on public access and donations
This bill would say the Federal Advisory Committee Act and the Freedom of Information Act do not apply to the Commission's activities or records. Commission members and staff could not accept gifts because of their service. The Commission could accept donated services or property from nonfederal groups but not donations of money.
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Sponsors & CoSponsors
Sponsor
Mark Warner
VA • D
Cosponsors
Mike Rounds
SD • R
Sponsored 3/11/2026
Roll Call Votes
No roll call votes available for this bill.
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