National Workforce Transition Fund Act of 2026

This bill replaces Title III of the Workforce Innovation and Opportunity Act with a new program to help workers affected by artificial intelligence and emerging technology. It creates a National Workforce Transition Board in the Department of Labor and a National Workforce Transition Fund in the Treasury. The fund would pay for training accounts, education and training grants, sectoral partnership grants, employer grants to retain or redeploy workers, supportive services, pilot programs, and upgrades to labor market data systems. The fund would be paid for by ending bonus depreciation for property used in AI data centers and transferring the resulting added revenue to the fund each year. The program and the transfers would end 5 years after the bill becomes law.

Full text and official record on Congress.gov

Sponsors

• Mark R. Warner Democrat sponsor
• 0 cosponsors