Senator Brian Schatz introduces S. 5664: Federal Undertaking to Track, Upskill, and Retrain for Employment of Workers Act

We have received text from S. 5664: Federal Undertaking to Track, Upskill, and Retrain for Employment of Workers Act. This bill was received on 2026-09-30, and currently has 1 cosponsor.

Here is a short summary of the bill:

This bill would create a federal system to help workers who lose jobs because of automation or artificial intelligence. It would set up programs to retrain displaced workers, help them find new jobs, and provide certain supports while they transition.

Worker retraining and transition support

The bill would establish a program for workers displaced by AI or automation. Support could include:

• job retraining and skills development
• wage support for workers who take lower-paying jobs after displacement
• relocation assistance if workers need to move for employment
• possible Medicaid coverage during the transition period
• help connecting workers with employers looking to hire
• preferences in certain federal jobs and Small Business Administration-related programs

The bill would also require government action to be triggered when unemployment rises in ways tied to technology-driven displacement. In addition, agencies would publish annual reports on job losses and other labor-market effects related to new technologies.

Employer notice and training requirements

The bill would expand the Worker Adjustment and Retraining Notification (WARN) rules so that employers who carry out layoffs would have to disclose whether AI played a role in the job cuts and provide more information about available resources. It would also extend the notice period from 60 days to 120 days, giving workers more time to prepare for job loss.

To encourage employers to retrain at-risk workers, the bill would create a 25% tax credit for certain employer spending on upskilling and training.

Taxes to fund worker adaptation programs

The bill would create new taxes tied to automation and AI-related workforce disruption. These taxes would apply to certain large AI service providers and to employers with significant displacement of workers due to automation. The money collected would be used to pay for worker adaptation and retraining programs.

It would also change tax treatment for certain automation assets. In some cases, automation equipment placed in service during a taxpayer’s “saturation period” would be excluded from depreciation and Section 179 deductions. The bill would also allow information sharing between the Labor and Treasury departments so the new worker adaptation contribution rules can be administered.

Relevant Companies

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Senator Brian Schatz Bill Proposals

Here are some bills which have recently been proposed by Senator Brian Schatz:

• S.5664: FUTURE of Workers Act
• S.5614: Beyond the Box for Higher Education Act of 2026
• S.5537: Sexual Abuse Services in Detention Act
• S.5482: PREP Act
• S.5414: Stop Child Labor Act
• S.5403: Debt-Free College Act of 2026

You can track bills proposed by Senator Brian Schatz on Investivoq's politician page for Schatz.

Senator Brian Schatz Net Worth

Investivoq estimates that Senator Brian Schatz is worth $4.8M, as of October 9th, 2026. This is the 175th highest net worth in Congress, per our live estimates.

Schatz has approximately $0 invested in publicly traded assets which Investivoq is able to track live.

You can track Senator Brian Schatz's net worth on Investivoq's politician page for Schatz.

2028 Hawaii US Senate Election

There has been approximately $2,422,370 of spending in Hawaii US Senate elections over the last two years, per our estimates.

You can track this election on our matchup page for the 2028 Hawaii US Senate election.

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