Congress·In Committee·H.R. 8345

Economy of the Future Commission Act of 2026

AI Economic Impact: New Study Commission

3 months ago·View on Congress.gov·Read full text

Part of: Economy of the Future Commission Act of 2026

This bill was recently introduced and is currently being reviewed by several committees in the House of Representatives. It is in the early stages of the legislative process and is not yet scheduled for a vote. The bill is considered active as it moves through these initial committee assignments.

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Legislative Progress

House

Senate

President

Law

Could go either way

This bill has support from both parties and addresses a popular topic. However, many bills that just create study groups are ignored unless they are added to a larger must-pass law.

Key Points

This bill creates a 12-member group called the Economy of the Future Commission. The group will include four members of Congress and eight outside experts in technology, education, and taxes. Their job is to figure out how the government should respond to the rise of artificial intelligence.
The commission will study how artificial intelligence affects the job market, schools, and government programs. They will look for ways to help workers learn new skills if their jobs are replaced by technology and suggest updates to the social safety net to support people during these transitions.
Within seven months, the group must give the public a report predicting how many jobs will change over the next 10 years. They will also look at how artificial intelligence might increase or decrease the amount of tax money the government brings in.
The group will also look at technical issues like the energy needed for large data centers and safety rules for self-driving cars and planes. They have the power to hold hearings and require companies or government agencies to provide information for their research.
The bill provides $5.25 million to pay for the commission's work. The group is meant to be temporary and will finish its work and shut down about 17 months after the bill becomes law.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

Apr 16, 2026House

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.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Apr 16, 2026

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

News

No related news coverage found for this legislation yet.

Source Information

Document Type

Congressional Bill

Official Title

Economy of the Future Commission Act of 2026

Bill NumberHR 8345

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred 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.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(1)

D: 1

Analysis generated by AI. Always verify with official sources.