Bill · S. 5055· Senate(119-S-5055)
National Workforce Transition Fund Act of 2026
- Introduced
- 7/21/2026
- Last activity
- 7/21/2026 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Mark Warner
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill establishes a National Workforce Transition Board and a National Workforce Transition Fund to assist workers and employers facing disruptions from artificial intelligence and emerging technology. The National Board, headed by the Secretary of Labor, is tasked with creating a national strategy and assessing workforce impacts. The Fund will support several key areas, including the modernization of labor market information systems and providing training services through individual training accounts. It also provides for education and training grants, sectoral workforce partnership grants, and employer retention or redeployment grants. Funding is generated through a mechanism tied to artificial intelligence infrastructure rather than direct taxes on innovation. The program is designed to last for five years.
Yes· 3 of 13
Would business owners be better off under this?+5
The bill offers grants to employers to help them retain, redeploy, or transition their workforce.
Does this cut taxes for small businesses?+5
The bill provides bonus depreciation for property used in AI data centers, which can benefit businesses investing in this infrastructure.
Would people in their twenties and thirties be better off under this?+4
The bill includes support for recent graduates facing declining hiring conditions due to technological change.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Support for Workers in Transition: The bill provides resources for programs that assist workers in transitioning into stable employment, with priority given to those experiencing job loss or market disruption (Section 2, Sec. 301(2)).
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Access to Training and Education: Workers can access training services through individual training accounts and receive education or training grants for credentials in in-demand industry sectors or occupations (Section 2, Sec. 301(3)(B) and Sec. 305(c)(2)-(3)).
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Easier Eligibility Standards: Workers do not have to prove that artificial intelligence or emerging technology was the sole or primary cause of their job loss to be eligible for support (Section 2, Sec. 301(2)(B)(ii) and Sec. 305(a)(2)(B)(ii)).
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Employer Support for Worker Retention: The bill provides grants to employers to help them retain, redeploy, or responsibly transition their workers (Section 2, Sec. 301(3)(E) and Sec. 305(c)(3)).
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Direct Supportive Services: The Secretary can provide services to support workers during their transition, which may include housing, child care, transportation, and health benefits (Section 2, Sec. 305(c)(5)).
Potential Negative Impacts for People
- Cost-Sharing Requirements for Education: Under the education and training grant program, students or incumbent workers who enroll must pay one-third of the cost of the program upon enrollment, and must pay an additional one-third if they do not complete the program (Section 2, Sec. 305(c)(3)(E)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+5Good For Low Income Households+4Good For Students+4Good For Union Workers+4Good For Young Adults+4Good For Middle Class Households+3
- Economy And Finance
- Reduces Small Business Taxes+5Improves Economic Growth+4Increases Job Creation+3
- Social Issues And Justice
- Improves Childcare Affordability+3Improves Poverty Reduction+3
- Education And Technology
- Improves College Affordability+4
- Governance And Ideology
- Improves Government Transparency+2
- 7/21/2026
- Read twice and referred to the Committee on Finance.
- Introduced in Senate