National Workforce Transition Fund Act of 2026

This bill creates a temporary National Workforce Transition Fund to help workers and employers manage labor market changes caused by artificial intelligence and emerging technologies. The fund is financed by exempting AI data centers from certain tax depreciation limits, with the resulting revenue transferred to the Treasury and then allocated to the fund over five years. A new National Workforce Transition Board will oversee the program, developing strategies to assess workforce impacts and directing resources toward training, job placement, and employer retention initiatives. The legislation prioritizes support for workers facing employment disruption without requiring them to prove that technology was the sole cause of their job loss, while also funding improvements to labor market data systems. All provisions related to the fund and workforce activities are set to expire five years after the bill is enacted.