SEC. 2. FINDINGS. 
Congress finds the following: 
(1) The acceleration of artificial intelligence is 
enabling the automation of jobs that have tradition-
ally required human labor. 
(2) Such automation opens up new opportuni-
ties for individuals, the economy, and society, but 
such automation also has the potential to disrupt the 
employment landscape for millions of people in the 
United States. 
(3) The potential for artificial intelligence to 
improve the livelihoods and quality of life for the 
United States workforce over the long run depends 
on the institutions and policies in place. 
(4) Job training for dislocated workers in the 
skills needed in the innovation economy will be crit-
ical to maintaining the stability of the larger econ-
omy and individual families. 
(5) Young people are often well equipped to 
adapt to changes in technology and may be able to 
provide unique expertise in retraining dislocated 
workers. 
(6) The outstanding balance of Federal student 
loans now exceeds $1 trillion. This debt burden is 
limiting the ability of recent graduates to fully par-
ticipate in the economy. 
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SEC. 3. JOB-TRAINING GRANT PROGRAM FOR WORKERS 
DISPLACED BY AUTOMATION. 
(a) ESTABLISHMENT.—The Secretary of Commerce, 
in consultation with the Chief Executive Officer of the 
Corporation for National and Community Service, shall 
establish a competitive program to make grants to institu-
tions of higher education to establish or enhance education 
programs that retrain workers displaced from their jobs 
by automation to provide such workers with skills needed 
for jobs in the STEM fields. 
(b) MANAGEMENT PLAN.—Not later than 90 days 
after the date of the enactment of this Act, and not less 
frequently than every 5 years thereafter, the Secretary 
shall submit to the Committee on Energy and Commerce 
and the Committee on Appropriations of the House of 
Representatives and the Committee on Commerce, 
Science, and Transportation and the Committee on Appro-
priations of the Senate a management plan for the grant 
program established under this section. The plan shall in-
clude the organization, structure, and funding profiles of 
the grant program for the 6 years following the submission 
of the plan. 
(c) ELIGIBILITY.—The Secretary may only make a 
grant under this section to an institution of higher edu-
cation that submits an application at such time, in such 
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form, and accompanied by such information and assur-
ances as the Secretary may require. 
(d) USE OF FUNDS.—An institution of higher edu-
cation that receives a grant under this section shall use 
the grant funds for one or more education programs that 
retrain workers displaced, or at risk of future displace-
ment, from their jobs by automation in order to enable 
such workers to reenter the workforce in jobs in the 
STEM fields. 
(e) CONDITIONS FOR RECEIPT OF GRANT FUNDS.— 
An institution of higher education may not receive grant 
funds under this section unless the institution meets the 
following requirements: 
(1) The institution certifies that each education 
program for which the institution receives grant 
funds provides workers with training in skills needed 
for jobs in the STEM fields. 
(2) The institution uses graduate volunteers to 
assist with the education program for which the in-
stitution receives grant funds. 
(f) MAXIMUM AMOUNT OF GRANT.—A grant under 
this section may not exceed $5,000,000. 
(g) RULES PRESCRIBING SELECTION CRITERIA.— 
Not later than 180 days after the date of the enactment 
of this Act, after a public comment period of not less than 
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60 days, the Secretary shall issue rules prescribing the cri-
teria for selection of an institution of higher education to 
receive a grant under this section. Such criteria shall in-
clude performance requirements for an education program 
for which an institution of higher education receives grant 
funds. The Secretary shall update such rules as necessary. 
(h) RULES FOR GRANT ADMINISTRATION.—Not later 
than 180 days after the date of the enactment of this Act, 
after a public comment period of not less than 60 days, 
the Secretary shall issue rules to ensure that grants under 
this section are made and administered in an accountable 
fashion in order to prevent waste, fraud, and abuse. The 
Secretary shall update such rules as necessary. 
(i) DEADLINE TO BEGIN MAKING GRANTS.—The 
Secretary shall begin making grants under this section not 
later than 1 year after the date of the enactment of this 
Act. 
(j) REPORTS.—Not later than June 3 and December 
31 of each year, the Inspector General of the Department 
of Commerce and the Comptroller General of the United 
States shall submit to the Committee on Energy and Com-
merce of the House of Representatives and the Committee 
on Commerce, Science, and Transportation of the Senate 
a report that reviews the grant program established under 
this section during the 6 months preceding the submission 
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of the report. Such report shall include any recommenda-
tions to address waste, fraud, and abuse in such program. 
(k) AUTHORIZATION
OF APPROPRIATIONS.—There 
are authorized to be appropriated to carry out this section 
$250,000,000, of which not more than 5 percent shall be 
available for the costs of administering the grant program 
established under this section, for each of the fiscal years 
2018 through 2028. 
SEC. 4. INNOVATION CORPS. 
(a) ESTABLISHMENT.—Not later than 1 year after 
the date of the enactment of this Act, the Secretary shall 
establish an Innovation Corps whereby recent college grad-
uates may volunteer, in an education program for which 
an institution of higher education receives (or is eligible 
to receive) a grant under section 3, to help retrain workers 
that have been displaced from their jobs by automation. 
(b) STIPEND.—The Secretary shall pay a monthly 
stipend to each graduate volunteer in accordance with the 
rules issued under subsection (c)(4). 
(c) RULES.—Not later than 180 days after the date 
of the enactment of this Act, after a public comment pe-
riod of not less than 60 days, the Secretary shall issue 
rules containing— 
(1) the eligibility requirements for graduate vol-
unteers; 
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