Investing in Tomorrow's Workforce Act of 2023

The Investing in Tomorrow's Workforce Act of 2023 creates competitive grants for "eligible partnerships" (including industry groups, workforce boards, and employers) to fund training programs for workers displaced or at risk of displacement due to automation. These grants support retraining for in-demand tech-sector jobs, with priority given to areas with high concentrations of affected workers, including women, people of color, and lower-wage workers. The bill also expands existing workforce laws to explicitly include automation-related dislocation in training eligibility and authorizes $40 million annually for national grants from 2024-2028. Partners must report on outcomes like job transitions, earnings, and demographic data to measure success.