“A bill to establish the Economy of the Future Commission, and for other purposes.”
No CRS summary available for this bill.
This section establishes in the legislative branch the Economy of the Future Commission to develop consensus legislative recommendations addressing economic changes caused by artificial intelligence adoption (as defined in 15 U.S.C. 9401). The Commission comprises 10 congressional appointees (three each by the Senate majority leader and House Speaker; two each by the Senate and House minority leaders)—including at least one member from an applicable congressional committee per congressional leader and other appointees with expertise in artificial intelligence, education, workforce retraining, or taxation—plus four nonvoting Deputy Secretaries of Education, Labor, Commerce, and the Treasury. Two co-chairs (one Democrat and one Republican; one House Member and one Senator) are selected jointly by congressional leaders; appointments must occur within 45 days of enactment, with the initial meeting by 60 days; and a quorum is seven members (or a majority after 45 days, or two for testimony). The Commission acts by majority vote of members present; may establish subpanels subject to Commission review; and may delegate actions. Its duties include evaluating artificial intelligence's economic effects and developing related legislative recommendations.