Economy of the Future Commission Act of 2026
Sponsored By: Senator Warner, Mark R. [D-VA]
Introduced
Summary
Creates a bipartisan Economy of the Future Commission to produce consensus legislative recommendations on how artificial intelligence adoption will reshape the U.S. economy. The commission would study jobs, taxes, education, manufacturing, energy, and public-private research partnerships and deliver an interim report within 7 months and a final report within 13 months, after which the commission would terminate within 120 days.
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- For Congress and policymakers: A 10-member commission with bipartisan co-chairs and at least one sitting lawmaker would gather evidence, hold hearings, and has subpoena power to compel testimony and documents. Its reports must go to applicable congressional committees and to the Secretaries of the Treasury, Commerce, Labor, and Education.
- For workers, students, and educators: The commission would produce employment change estimates by 6-digit North American Industry Classification System codes for 5 and 10 years and develop recommendations on workforce development, K–12, career and technical education, higher education, reskilling, and unemployment insurance.
- For businesses, researchers, and manufacturers: It would evaluate open-source and open-weight AI models for small and medium enterprises, promote public-private access to computing and models, recommend scaling foundational AI manufacturing technologies, and assess supply chain, energy and data center demands, autonomous vehicle safety, and robotics implications.
*Would increase federal spending by about $5.3 million to fund the Commission.*
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Bill Overview
Analyzed Economic Effects
5 provisions identified: 3 benefits, 0 costs, 2 mixed.
Commission members, leaders, and pay
If enacted, congressional leaders would appoint 10 members to the Commission within 45 days. Four Deputy Secretaries (Education, Labor, Commerce, Treasury) would join as nonvoting members. Two co-chairs would be chosen jointly: one House Member and one Senator, and one Democrat and one Republican. The Commission must hold its first meeting within 60 days. Nonfederal members could be paid up to the daily equivalent of Executive Schedule level IV when working, and staff pay would be capped at the equivalent of level V.
Creates temporary AI policy commission
If enacted, the bill would create an Economy of the Future Commission in Congress to study how AI affects jobs, taxes, and industry. The Commission would get $5,250,000 to run its work until it ends. The Commission would end on the last day of the 120-day period that begins when it sends its final report.
Required interim and final reports
If enacted, the Commission must publish an interim report within 7 months and a final report within 13 months. The interim report would estimate employment changes by 6-digit industry codes for 5 and 10 years and give federal revenue estimates for tax years starting 5 and 10 years after enactment. The final report would give consensus legislative recommendations on AI-related education, reskilling, unemployment insurance, taxation, and competitiveness. Treasury, Commerce, Labor, and Education Secretaries would have 60 days to submit written assessments after they receive the final report.
Agency cooperation and subpoena power
If enacted, the Commission's co-chairs could request information, estimates, and help from federal agencies as allowed by law. Agencies could provide staff, data, and other support. The Commission could also issue subpoenas signed by the co-chairs to compel witnesses to appear and produce documents. Failure to comply would be handled under the cited statutes.
Transparency, gifts, and contracting limits
If enacted, the Commission could accept donations of services or property from nonfederal groups but could not accept gifts of money. Members and staff may not receive gifts because of their service. The bill would also say that the Federal Advisory Committee Act and the Freedom of Information Act do not apply to the Commission's meetings or records. The Commission could sign contracts only if Congress provides the money in an appropriation.
Sponsors & CoSponsors
Sponsor
Warner, Mark R. [D-VA]
VA • D
Cosponsors
Mike Rounds
SD • R
Sponsored 3/11/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov