[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8345 Introduced in House (IH)]

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119th CONGRESS
  2d Session
                                H. R. 8345

   To establish the Economy of the Future Commission, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 16, 2026

  Mr. Obernolte (for himself and Ms. Jacobs) introduced the following 
   bill; which was 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

_______________________________________________________________________

                                 A BILL


 
   To establish the Economy of the Future Commission, and for other 
                               purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Economy of the Future Commission Act 
of 2026''.

SEC. 2. ECONOMY OF THE FUTURE COMMISSION.

    (a) Definitions.--In this section:
            (1) Applicable congressional committee.--The term 
        ``applicable congressional committee'' means any of the 
        following committees:
                    (A) The Committee on Armed Services, the Committee 
                on Commerce, Science, and Transportation, the Committee 
                on Health, Education, Labor, and Pensions, the 
                Committee on Finance, the Committee on Homeland 
                Security and Governmental Affairs, and the Committee on 
                Appropriations of the Senate.
                    (B) The Committee on Armed Services, the Committee 
                on Energy and Commerce, the Committee on Science, 
                Space, and Technology, the Committee on Education and 
                Workforce, the Committee on Ways and Means, the 
                Committee on Homeland Security, and the Committee on 
                Appropriations of the House of Representatives.
            (2) Artificial intelligence.--The term ``artificial 
        intelligence'' has the meaning given the term in section 5002 
        of the National Artificial Intelligence Initiative Act of 2020 
        (15 U.S.C. 9401).
            (3) Commission.--The term ``Commission'' means the Economy 
        of the Future Commission established under subsection (b).
            (4) Congressional leader.--The term ``congressional 
        leader'' means the majority leader of the Senate, the Speaker 
        of the House of Representatives, the minority leader of the 
        Senate, or the minority leader of the House of Representatives.
            (5) NAICS.--The term ``NAICS'' means the North American 
        Industry Classification System.
    (b) In General.--There is established in the legislative branch a 
commission to develop consensus legislative recommendations addressing 
economic changes caused by the adoption of artificial intelligence, to 
be known as the ``Economy of the Future Commission''.
    (c) Membership.--
            (1) In general.--The Commission shall be composed of the 
        following members:
                    (A) 12 members appointed by Congress in accordance 
                with paragraph (2), of whom--
                            (i) the majority leader of the Senate and 
                        the Speaker of the House of Representatives 
                        shall each appoint 3 members; and
                            (ii) the minority leader of the Senate and 
                        the minority leader of the House of 
                        Representatives shall each appoint 3 members.
                    (B) The Deputy Secretary of Education, as a 
                nonvoting member.
                    (C) The Deputy Secretary of Labor, as a nonvoting 
                member.
                    (D) The Deputy Secretary of Commerce, as a 
                nonvoting member.
                    (E) The Deputy Secretary of the Treasury, as a 
                nonvoting member.
            (2) Congressional appointees.--Each congressional leader 
        making appointments under paragraph (1) shall--
                    (A) appoint 1 member who is serving as a Member of 
                the house of Congress in which the congressional leader 
                serves and is a member of an applicable congressional 
                committee; and
                    (B) for any remaining appointments, appoint an 
                individual who is not serving in Congress and who is 
                nationally recognized for expertise, knowledge, or 
                experience in--
                            (i) artificial intelligence technology;
                            (ii) education;
                            (iii) workforce retraining; or
                            (iv) taxation.
            (3) Appointment.--Members of the Commission shall be 
        appointed not later than 45 days after the date of the 
        enactment of this Act.
            (4) Ethics.--A congressional leader who appoints members of 
        the Commission may not appoint an individual as a member of the 
        Commission if such individual possesses any personal or 
        financial interest in the discharge of any of the duties of the 
        Commission.
    (d) Co-Chairs.--
            (1) In general.--The Commission shall have 2 co-chairs, 
        selected jointly by the congressional leaders from among the 
        members of the Commission in accordance with paragraph (2).
            (2) Co-chair requirements.--One co-chair of the Commission 
        shall be a member of the Democratic Party, and one co-chair 
        shall be a member of the Republican Party. One co-chair of the 
        Commission shall be a Member of the House of Representatives 
        and one co-chair shall be a Senator.
    (e) Meetings; Quorum; Vacancies.--
            (1) Initial meeting.--The Commission shall hold its initial 
        meeting on or before the date that is 60 days after the date of 
        the enactment of this Act.
            (2) Additional meetings.--After its initial meeting, the 
        Commission shall meet upon the call of the co-chairs of the 
        Commission.
            (3) Quorum.--7 members of the Commission shall constitute a 
        quorum for purposes of conducting business, except that 2 
        members of the Commission shall constitute a quorum for 
        purposes of receiving testimony.
            (4) Vacancies.--Any vacancy in the Commission shall not 
        affect its powers, but shall be filled in the same manner in 
        which the original appointment was made.
            (5) Quorum with vacancies.--If vacancies in the Commission 
        occur on any day after 45 days after the date of the enactment 
        of this Act, a quorum shall consist of a majority of the 
        members of the Commission as of such day.
    (f) Actions of Commission.--
            (1) In general.--The Commission shall act by resolution 
        agreed to by a majority of the members of the Commission voting 
        and present.
            (2) Panels.--The Commission may establish panels composed 
        of less than the full membership of the Commission for purposes 
        of carrying out the duties of the Commission under this 
        section. The actions of any such panel shall be subject to the 
        review and control of the Commission. Any findings and 
        determinations made by such a panel shall not be considered the 
        findings and determinations of the Commission unless approved 
        by the Commission.
            (3) Delegation.--Any member, agent, or staff of the 
        Commission may, if authorized by the co-chairs of the 
        Commission, take any action which the Commission is authorized 
        to take pursuant to this section.
    (g) Duties.--The duties of the Commission are--
            (1) in general, to develop consensus legislative 
        recommendations addressing economic changes caused by the 
        adoption of artificial intelligence;
            (2) to evaluate the effectiveness of, and develop consensus 
        legislative recommendations that address and respond to the 
        economic changes caused by, the adoption of artificial 
        intelligence, including the effectiveness and economic changes 
        of that adoption for--
                    (A) government data, research, and measurement;
                    (B) workforce development programs;
                    (C) kindergarten through grade 12 public education, 
                career and technical education, and higher education; 
                and
                    (D) social safety net programs and worker support;
            (3) to develop consensus legislative recommendations 
        addressing--
                    (A) the development of standards and metrics to 
                evaluate and address artificial intelligence adoption 
                across the Federal Government, including standards and 
                metrics to identify and address artificial 
                intelligence-specific skill and training needs across 
                the Federal workforce;
                    (B) the relative merits of open-source and open-
                weight models of artificial intelligence for 
                suitability for small- and medium-sized businesses and 
                the use of open-source and open-weight models to 
                improve the efficiency of government operations;
                    (C) the potential for a national Federal artificial 
                intelligence research investment strategy;
                    (D) public and private sector partnerships to 
                increase research access by academic institutions and 
                small businesses to private sector computing, models, 
                data, and software resources related to artificial 
                intelligence;
                    (E) developing and scaling foundational 
                manufacturing technologies related to artificial 
                intelligence through government programs and public-
                private partnerships such as the Hollings Manufacturing 
                Extension Program established under section 25(b) of 
                the National Institute of Standards and Technologies 
                Act (15 U.S.C. 278k);
                    (F) supply chain and manufacturing challenges to 
                developing emerging technologies that are projected to 
                heavily utilize artificial intelligence, such as 
                robotics;
                    (G) the need for public and private sector 
                collaboration in developing cloud computing-based 
                laboratories for furthering research into key 
                technology focus areas, as defined in section 10387(c) 
                of the Research and Development, Competition, and 
                Innovation Act (42 U.S.C. 19107(c)), utilizing 
                artificial intelligence;
                    (H) changes to transportation safety policies and 
                regulations caused by the adoption of artificial 
                intelligence in land-, air-, and sea-based autonomous 
                vehicles;
                    (I) energy generation, storage, and transmission 
                demands caused by the development of the artificial 
                intelligence industry and the construction and 
                operation of domestic data centers; and
                    (J) the use of artificial intelligence-enabled 
                robotics in government (other than in the Department of 
                Defense) and industry; and
            (4) to prepare the reports required under subsection (k).
    (h) Powers of Commission.--
            (1) In general.--The Commission or, on the authorization of 
        the Commission, any subcommittee or member of, the Commission 
        may, for the purpose of carrying out the provisions of this 
        section--
                    (A) hold such hearings and sit and act at such 
                times and places, take such testimony, receive such 
                evidence, and administer such oaths; and
                    (B) require, by subpoena or otherwise, the 
                attendance and testimony of such witnesses and the 
                production of such books, records, correspondence, 
                memoranda, papers, and documents, as the Commission or 
                such designated subcommittee or designated member 
                considers necessary.
            (2) Subpoenas.--Subpoenas may be issued under paragraph 
        (1)(B) under the signature of the co-chairs of the Commission, 
        and may be served by any person designated by such co-chairs.
            (3) Failure to comply.--The provisions of sections 102 
        through 104 of the Revised Statutes (2 U.S.C. 192 through 194) 
        shall apply in the case of any failure of a witness to comply 
        with any subpoena or to testify when summoned under authority 
        of this section.
            (4) Contracting.--The Commission may, to such extent and in 
        such amounts as are provided in advance in appropriation Acts, 
        enter into contracts to enable the Commission to discharge its 
        duties under this section.
            (5) Information from federal agencies.--
                    (A) In general.--The Commission may secure directly 
                from any executive department, agency, bureau, board, 
                commission, office, independent establishment, or 
                instrumentality of the Government information, 
                suggestions, estimates, and statistics for the purposes 
                of this section.
                    (B) Response.--Each such department, agency, 
                bureau, board, commission, office, establishment, or 
                instrumentality shall, to the extent authorized by law, 
                furnish such information, suggestions, estimates, and 
                statistics directly to the Commission, upon request of 
                the co-chairs of the Commission.
                    (C) Classified information.--The Commission shall 
                handle and protect all classified information provided 
                to it under this section in accordance with applicable 
                statutes and regulations.
            (6) Assistance from federal agencies.--
                    (A) In general.--Federal departments and agencies 
                may provide the Commission such services, funds, 
                facilities, staff, and other support as such 
                departments and agencies consider advisable and as may 
                be authorized by law.
                    (B) Cooperation.--The Commission shall receive the 
                full and timely cooperation of any official, 
                department, or agency of the Federal Government whose 
                assistance is necessary, as jointly determined by the 
                co-chairs, for the fulfillment of the duties of the 
                Commission, including the provision of full and current 
                briefings and analyses.
            (7) Postal services.--The Commission may use the United 
        States postal services in the same manner and under the same 
        conditions as the departments and agencies of the United 
        States.
            (8) Gifts.--
                    (A) No gifts for service.--No member or staff of 
                the Commission may receive a gift or benefit by reason 
                of the service of such member or staff to the 
                Commission.
                    (B) Authority to accept gifts.--The Commission may 
                accept, use, and dispose of gifts or donations of 
                services or property (including goods) from non-Federal 
                entities for the purposes of aiding and facilitating 
                the work of the Commission. The authority in this 
                subparagraph does not extend to gifts of money.
    (i) Staff of Commission.--
            (1) In general.--The co-chairs of the Commission, in 
        accordance with rules agreed upon by the Commission, shall 
        appoint and fix the compensation of a staff director and such 
        other personnel as may be necessary to enable the Commission to 
        carry out its duties, without regard to the provisions of title 
        5, United States Code, governing appointments in the 
        competitive service, and without regard to the provisions of 
        chapter 51 and subchapter III of chapter 53 of such title 
        relating to classification and General Schedule pay rates, 
        except that no rate of pay fixed under this subsection may 
        exceed the equivalent of that payable to a person occupying a 
        position at level V of the Executive Schedule under section 
        5316 of such title.
            (2) Experts and consultants.--The co-chairs of the 
        Commission may procure the services of experts and consultants 
        in accordance with section 3109 of title 5, United States Code, 
        as if the Commission were an agency described in that section, 
        at rates for individuals that do not exceed the daily 
        equivalent of the annual rate of basic pay prescribed for level 
        IV of the Executive Schedule under section 5315 of such title.
            (3) Detailees.--Any Federal Government employee may be 
        detailed to the Commission without reimbursement from the 
        Commission, and such detailee shall retain the rights, status, 
        and privileges of his or her regular employment without 
        interruption.
    (j) Compensation and Travel Expenses.--
            (1) Compensation.--
                    (A) In general.--Except as provided in paragraph 
                (2), each member of the Commission may be compensated 
                at not to exceed the daily equivalent of the annual 
                rate of basic pay in effect for a position at level IV 
                of the Executive Schedule under section 5315 of title 
                5, United States Code, for each day during which that 
                member is engaged in the actual performance of the 
                duties of the Commission under this section.
                    (B) Exclusion.--Members of the Commission who are 
                officers or employees of the United States or Members 
                of Congress shall receive no additional pay by reason 
                of their service on the Commission.
            (2) Travel expenses.--While away from their homes or 
        regular places of business in the performance of services for 
        the Commission, members of the Commission may be allowed travel 
        expenses, including per diem in lieu of subsistence, in the 
        same manner as persons employed intermittently in the 
        Government service are allowed expenses under section 5703 of 
        title 5, United States Code.
    (k) Reports.--
            (1) Interim report.--By not later than 7 months after the 
        date of enactment of this Act, the Commission shall issue an 
        interim report, to be disseminated to the public, including--
                    (A)(i) the initial estimates of changes in 
                employment due to the adoption of artificial 
                intelligence for 5 years and 10 years after the date of 
                enactment of this Act, by 6-digit NAICS code; and
                    (ii) the Commission's level of confidence in such 
                estimates;
                    (B)(i) Federal revenue estimates for tax years 
                beginning 5 and 10 years after the enactment of this 
                Act; and
                    (ii) commentary by the Commission on the likelihood 
                that the adoption of artificial intelligence will 
                increase or decrease revenue during each time period 
                described in clause (i); and
                    (C) a description of high-quality, free resources 
                that the public can access to learn more about 
                artificial intelligence and the effects that its wide 
                adoption may have on the global economy.
            (2) Final report.--
                    (A) In general.--By not later than 13 months after 
                the date of enactment of this Act, the Commission shall 
                prepare and submit a final report regarding the impact 
                of the adoption of artificial intelligence that 
                includes legislative recommendations on artificial 
                intelligence education, reskilling of employees needed 
                due to the adoption of artificial intelligence, 
                unemployment insurance, and taxation policy, and on 
                maintaining global competitiveness in key industries 
                including technology and manufacturing.
                    (B) Submission.--The report required under 
                subparagraph (A) shall be submitted to the report to 
                each of the applicable congressional committees and to 
                the Secretary of Treasury, Secretary of Commerce, 
                Secretary of Labor, and Secretary of Education.
                    (C) Assessments of final report.--By not later than 
                60 days after the date on which the final report is 
                submitted under subparagraph (B), the Secretaries of 
                Treasury, Commerce, Labor, and Education shall 
                individually submit an assessment of the final report 
                to the applicable congressional committees.
    (l) Inapplicability of Certain Administrative Provisions.--
            (1) Federal advisory committee act.--The provisions of 
        chapter 10 of title 5, United States Code (commonly referred to 
        the ``Federal Advisory Committee Act''), shall not apply to the 
        activities of the Commission under this section.
            (2) Freedom of information act.--The provisions of section 
        552 of title 5, United States Code (commonly referred to as the 
        ``Freedom of Information Act''), shall not apply to the 
        activities (including proceedings) or records of the Commission 
        under this section.
    (m) Termination.--
            (1) In general.--The Commission, and all the authorities of 
        this section, shall terminate on the last day of the 120-day 
        period beginning on the date on which the final report 
        described in subsection (k)(2) is submitted to the applicable 
        congressional committees.
            (2) Closing activities.--The Commission may use the 120-day 
        period immediately preceding termination for the purposes of 
        concluding its activities, including providing testimony to 
        Congress concerning the final report described in subsection 
        (k)(2) and disseminating the report.
    (n) Funding.--There is appropriated, out of any amounts in the 
Treasury not otherwise appropriated, $5,250,000 to carry out this 
section, to remain available until the date on which the Commission 
terminates under subsection (m)(1).
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