S.Amdt. 6546

This amendment, submitted by Mr. Warner, aims to add Section 1094 to bill S. 4784. The purpose is to create requirements for disclosures and reports regarding artificial intelligence-related job impacts.

Key Changes and Additions:

• Covered Entity Disclosures: Certain entities (publicly-traded companies, specific agencies, and some non-publicly-traded companies) must disclose the following to the Secretary of Labor every quarter:

  • The number of people laid off because of AI replacement or automation.
  • The number of people hired due to the incorporation of AI.
  • The number of positions left unfilled because of AI automation.
  • The number of people being retrained or assisted in retraining due to AI.
  • Other information the Secretary deems appropriate and the corresponding North American Industry Classification System codes.

• Department of Labor Reports: The Secretary, consulting with the Director of the Office of Management and Budget and the Director of the Office of Personnel Management, must:

  • Prepare quarterly reports summarizing the disclosure data.
  • Prepare reports analyzing the net impact of the data every other quarter.
  • Publish these reports and the underlying data on the Bureau of Labor Statistics website and submit them to Congress.

• Non-Publicly-Traded Companies: The Secretary must create regulations to decide which non-publicly-traded companies must also report, based on factors like workforce size, annual revenue, enterprise value, or industry classification.