Economy of the Future Commission Act of 2026

This bill establishes the Economy of the Future Commission, a legislative branch body, to develop consensus legislative recommendations addressing economic changes caused by the adoption of artificial intelligence. The Commission will study impacts on workforce, education, social safety nets, and other areas, and produce interim and final reports with recommendations.

Sec. 2, Economy of the Future Commission: The Commission is created with 10 voting members appointed by congressional leaders (3 each by the Senate Majority Leader and House Speaker, 2 each by the Senate and House Minority Leaders), plus nonvoting Deputy Secretaries from Education, Labor, Commerce, and Treasury. It has two co-chairs, one from each party and one from each chamber. The Commission must hold its first meeting within 60 days of enactment, and a quorum is 7 members (2 for testimony). Its duties include developing legislative recommendations on AI-driven economic changes, evaluating government data, workforce programs, K-12 and higher education, social safety nets, and addressing standards, open-source models, research investment, public-private partnerships, supply chains, transportation safety, energy demands, and AI-enabled robotics. The Commission can hold hearings, issue subpoenas, contract, and obtain information from federal agencies. It must issue an interim report within 7 months with employment and revenue estimates by NAICS code, and a final report within 13 months with legislative recommendations on AI education, reskilling, unemployment insurance, taxation, and global competitiveness. The Secretaries of Treasury, Commerce, Labor, and Education must submit assessments of the final report within 60 days. The Commission is exempt from the Federal Advisory Committee Act and Freedom of Information Act. It terminates 120 days after submitting the final report. $5,250,000 is appropriated for its work.