S.4046 - Economy of the Future Commission Act of 2026

• Authority: Federal government
• Jurisdiction: United States
• Collections: U.S. federal laws
• Most recent activity: Proposed
• Most recent activity date: 2026-03-11

Risk subdomain coverage

Good coverage — Comprehensive governance measures or mitigations with clear procedures relating to the risk subdomain are explicitly described.

• Increased inequality and decline in employment

Minimal coverage — Brief mention but no specific mitigations, recommendations or governance measures relating to the risk subdomain are described.

• Economic and cultural devaluation of human effort
• Competitive dynamics
• Environmental harm

All other risk subdomains had no coverage in this document.

Risk Coverage Summary

The document has minimal coverage of approximately 3-4 subdomains, with primary focus on socioeconomic impacts including increased inequality (6.2), competitive dynamics (6.4), and environmental harm (6.6). Coverage is concentrated in the socioeconomic and environmental domain, as the document establishes a commission to study and develop legislative recommendations addressing economic changes from AI adoption.

Sector coverage

Good coverage — Comprehensive governance measures or mitigations with clear procedures relating to the sector are explicitly described.

• Agriculture, Mining, Construction & Manufacturing
• Trade, Transportation & Utilities
• Scientific Research & Development Services
• Educational Services
• Public Administration (excl. National Security)

Minimal coverage — Brief mention but no specific mitigations, recommendations or governance measures relating to the sector are described.

• Information
• National Security

All other sectors had no coverage in this document.

Sectors Summary

This legislation establishes a commission to study AI impacts across multiple economic sectors. Primary focus is on Educational Services (K-12, career/technical, higher education), Trade/Transportation/Utilities (autonomous vehicles, energy/data centers), Scientific Research and Development Services (AI research strategy, public-private partnerships), and Manufacturing (foundational technologies, robotics). The commission also addresses impacts on government operations across Public Administration sectors.

Legislative Status

Hard Law

Legislative Status Summary

This is federal legislation that, once enacted, would create legally binding obligations on the Commission members, federal agencies, and appropriates federal funds with mandatory compliance requirements.

Actors

Proposer

• Entity Types: AI_Governance_Actor
• Summary: This is a federal bill proposed in Congress to establish a commission. The legislative structure indicates it would be proposed by members of Congress and enacted through the standard legislative process.

Target

• Entity Types: AI_Governance_Actor
• Summary: The legislation creates and governs the Commission itself, establishing its membership, duties, and operations. It also imposes obligations on federal agencies to cooperate and respond to Commission requests.

Enforcer

• Entity Types: AI_Governance_Actor
• Summary: Congress maintains oversight through the applicable congressional committees, and federal courts would enforce subpoena compliance under existing U.S. Code provisions.

Monitor

• Entity Types: AI_Governance_Actor
• Summary: The applicable congressional committees receive interim and final reports from the Commission and receive assessments from Cabinet Secretaries, providing ongoing monitoring of the Commission's activities.

AI Lifecycle Stages

Lifecycle stages covered by the documents, as defined in the OECD Framework for the Classification of AI Systems

• Plan and Design
• Collect and Process Data
• Build and Use Model
• Verify and Validate
• Deploy
• Operate and Monitor

AI Lifecycle Summary

The document does not regulate specific AI lifecycle stages directly. Instead, it establishes a commission to study AI adoption impacts across the economy and develop legislative recommendations. The commission's scope implicitly touches on multiple lifecycle stages through its mandate to evaluate AI adoption effects and recommend standards for federal AI use.

Technical Scope

Terms relating to technical scope that are mentioned or implicitly referenced in the document

• AI Models
• AI Systems
• Open Weight / Open Source

Technical Scope Summary

The document explicitly mentions 'artificial intelligence' throughout and references AI models (open-source and open-weight models specifically). It does not use technical terminology like frontier AI, general purpose AI, foundation models, or compute thresholds. The focus is on AI adoption broadly rather than specific AI system types.