,,ii #aai? ,,congress #b;d ,session ,s4 #ejee ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #ba1 #bjbf,mr4 ,w>n] introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to e/abli% a ,national ,work=ce ,transition ,bo>d to support tra9+ & education activities = work]s1 9 response to ! adoption ( artificial intellig5ce & em]g+ te*nology1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,national ,work=ce ,transition ,fund ,act ( #bjbf4 #b4 ,work=ce ,transition 7a7 ,9 g5]al ,! ,work=ce ,innovation & ,opportunity ,act 7#bi ,u4,s4,c4 #caja et seq47 is am5d$ by /rik+ title ,,iii & ins]t+ ! foll[+3 ,,iii ,work=ce transition #cja4 ,purpose ,! purpose ( ?is title is to assi/ work]s1 employ]s1 & work=ce developm5t sy/ems 9 navigat+ ! labor m>ket transitions caus$ by increas+ adoption ( artificial intellig5ce & em]g+ te*nology by creat+ a tempor>y1 t>get$ ,national ,work=ce ,transition ,fund 7ref]r$ to 9 ?is title z ! ,fund7 t-- 7#a7 uses a fund+ me*anism ti$ to cov]$ artificial intellig5ce infra/ructure r ?an tax+ artificial intellig5ce usage or innovation directly2 7#b7 provides res\rces = programs t-- 7,a7 7i7 give priority = ! activities to work]s exp]i5c+ or fac+ employm5t loss or labor m>ket disruption2 & 7ii7 support transitions ( work]s into /able employm5t2 & 7,b7 use adm9i/rable eligibility crit]ia bas$ on labor m>ket indicators r ?an requir+ individual work]s to prove t artificial intellig5ce or em]g+ te*nology 0 ! sole or prim>y cause ( ! employm5t loss or labor m>ket disruption involv$2 7#c7 provides res\rces = work=ce developm5t activities-- 7,a7 t support mod]nization ( labor m>ket in=mation sy/ems1 s policymak]s c bett] measure disruption due to artificial intellig5ce or em]g+ te*nology1 work] outcomes1 & job quality2 7,b7 t exp& access to tra9+ s]vices ?r\gh individual tra9+ acc\nts2 7,c7 t provide limit$ work] transition assi/ance2 7,d7 t support sectoral work=ce p>tn]%ips1 & tra9+ & cr$5tial pa?ways t are portable1 ti$ to labor m>ket dem&1 & connect$ to measurable outcomes2 & 7,e7 t provide grants to employ]s = ret5tion1 r$eploym5t1 or responsible transition+ ( work]s1 & condition ! grants on work=ce transition plans & compacts t address plann+ = work] ret5tion1 r$eploym5t1 or responsible transition+1 work] consultation1 report+1 & recov]y ( misus$ funds4 #cjb4 ,def9itions ,9 ?is title3 7#a7 ,artificial intellig5ce ,! t]m artificial intellig5ce has ! mean+ giv5 ! t]m 9 section #ejjb ( ! ,national ,artificial ,intellig5ce ,initiative ,act ( #bjbj 7#ae ,u4,s4,c4 #idja74 7#b7 ,em]g+ te*nology ,! t]m em]g+ te*nology has ! mean+ giv5 ! t]m 9 section #fgja ( ! ,james ,m4 ,inh(e ,national ,def5se ,au?orization ,act ( ,fiscal ,ye> #bjbc 7#ej ,u4,s4,c4 #cjbd note74 7#c7 ,secret>y ,! t]m ,secret>y1 )\t fur!r description1 means ! ,secret>y ( ,labor4 7#d7 ,work] ,! t]m work]1 )\t fur!r description1 includes a /ud5t4 7#e7 ,work=ce ,innovation & ,opportunity ,act t]ms ,! t]ms c>e] pa?way1 dislocat$ work]1 9-dem& indu/ry sector or occupation1 in/itution ( high] education1 local area1 local bo>d1 recogniz$ po/second>y cr$5tial1 region1 ,/ate1 ,/ate bo>d1 tra9+ s]vices1 & work=ce developm5t activities h ! mean+s giv5 ! t]ms 9 section #c4 #cjc4 ,national ,work=ce ,transition ,bo>d 7a7 ,e/abli%m5t ,! ,secret>y ( ,labor %all e/abli% 9 ! ,dep>tm5t ( ,labor a ,national ,work=ce ,transition ,bo>d 7ref]r$ to 9 ?is title z ! ,national ,bo>d7 to c>ry out ! functions describ$ 9 subsection 7c74 ,! ,national ,bo>d %all be head$ by ! ,secret>y ( ,labor1 9 consultation ) ! ,secret>y ( ,education & ! ,secret>y ( ,comm]ce4 7b7 ,memb]%ip 7#a7 ,9 g5]al ,! ,national ,bo>d %all include-- 7,a7 ! ,secret>y ( ,labor1 ! ,secret>y ( ,education1 & ! ,secret>y ( ,comm]ce2 & 7,b7 memb]s appo9t$ by ! ,secret>y ( ,labor1 9 consultation ) ! ,secret>y ( ,education & ! ,secret>y ( ,comm]ce1 ( :i*-- 7i7 "o-?ird %all be repres5tatives ( bus9esses or indu/ry1 includ+ repres5tatives ( bus9esses or indu/ry associations f indu/ry sectors affect$ by adoption ( artificial intellig5ce or em]g+ te*nology1 su* z sectors develop+ em]g+ te*nology1 und]go+ occupational & task re/ructur+1 or mak+ relat$ labor m>ket transitions2 7ii7 "o-?ird %all be labor repres5tatives1 includ+ repres5tatives ( labor organizations1 work] organizations1 gr\ps t h =m$ work] c5t]s1 & organizations repres5t+ work]s at risk ( employm5t loss or labor m>ket disruption due to ! adoption ( artificial intellig5ce or em]g+ te*nology2 & 7iii7 "o-?ird %all be repres5tatives ( gov]nm5t1 work=ce developm5t bo>ds1 & in/itutions ( high] education1 :i* may include ,/ate & local (ficials1 & repres5tatives ( ,f$]al ag5cies1 ,/ate bo>ds & local bo>ds1 public or private in/itutions ( high] education includ+ community colleges1 economic developm5t ag5cies1 & o!r public education or work=ce developm5t ag5cies4 7#b7 ,t]ms ,ea* memb] ( ! ,national ,bo>d %all s]ve = a t]m ( #e ye>s4 7c7 ,functions ,! functions ( ! ,national ,bo>d are to advise ! ,secret>ies & provide in=mation to ! public by-- 7#a7 develop+ an annual coord9at$ national /rategy t-- 7,a7 conta9s in=mation1 prep>$ or compil$ by ! ,national ,bo>d1 t-- 7i7 provides a national work=ce impact assessm5t t evaluates h[ ! developm5t & adoption ( artificial intellig5ce & em]g+ te*nology is impact+ ! work=ce2 7ii7 id5tifies occupations1 indu/ry sectors1 & geographic areas mo/ likely to exp]i5ce *ange driv5 by artificial intellig5ce or em]g+ te*nology2 7iii7 =eca/s em]g+ occupations & skill requirem5ts relat$ to artificial intellig5ce or em]g+ te*nology2 & 7iv7 evaluates & assesses ! effectiv5ess ( ! work=ce developm5t sy/em1 includ+ labor m>ket in=mation ef=ts1 ,f$]al programs1 ,/ate programs1 programs ( in/itutions ( high] education1 & employ]-l$ tra9+ initiatives1 9 support+ work]s mo/ likely to exp]i5ce *ange driv5 by artificial intellig5ce & em]g+ te*nology2 7,b7 conta9s ! recomm5dations ( ! ,national ,bo>d to ! ,secret>ies-- 7i7 = an annual ,f$]al work=ce developm5t plan = activities to be c>ri$ out "u section #cje ) am\nts f ! ,fund1 includ+-- 7,i7 incumb5t work] tra9+ programs2 7,,ii7 programs t provide tuition assi/ance = /ud5ts receiv+ education or tra9+ s]vices2 & 7,,iii7 programs to /r5g!n ,f$]al & ,/ate labor m>ket in=mation sy/ems2 7ii7 ab\t /rategy1 grantmak+ priorities1 p]=mance measures1 & labor m>ket tr5ds1 & = annual report+1 relevant to activities describ$ 9 clause 7i72 & 7iii7 ! size ( ! am\nts to be us$ f ! ,fund = ! activities describ$ 9 clause 7i72 & 7,c7 conta9s ! ,national ,bo>d's assessm5t ( ! effectiv5ess ( ! activities describ$ 9 subp>agraph 7,b72 & 7#b7 publi%+ an annual report conta9+ ! national /rategy describ$ 9 p>agraph 7#a7 & submitt+ ! report to ! ,secret>ies4 7d7 ,p]sonnel 7#a7 ,comp5sation ( memb]s ,a memb] ( ! ,national ,bo>d :o is n an (fic] or employee ( ! ,f$]al ,gov]nm5t %all be comp5sat$ at a rate equal to ! daily equival5t ( ! annual rate ( basic pay prescrib$ = level ,,iv ( ! ,executive ,s*$ule "u section #ecae ( title #e1 ,unit$ ,/ates ,code1 = ea* day 7includ+ travel "t7 dur+ :i* ! memb] is engag$ 9 ! p]=mance ( ! duties ( ! ,national ,bo>d4 7#b7 ,travel exp5ses ,! memb]s ( ! ,national ,bo>d %all be all[$ travel exp5ses1 includ+ p] diem 9 lieu ( subsi/5ce1 at rates au?oriz$ = employees ( ag5cies "u sub*apt] ,i ( *apt] #eg ( title #e1 ,unit$ ,/ates ,code1 :ile away f _! homes or regul> places ( bus9ess 9 ! p]=mance ( s]vices = ! ,national ,bo>d4 7#c7 ,detail ( gov]nm5t employees ,any ,f$]al ,gov]nm5t employee ( ! ,dep>tm5t ( ,comm]ce1 ,education1 or ,labor may be detail$ to ! ,national ,bo>d )\t reimbursem5t1 & su* detail %all be )\t int]ruption or loss ( civil s]vice /atus or privilege4 7#d7 ,procurem5t ( tempor>y & int]mitt5t s]vices ( exp]ts 7,a7 ,9 g5]al ,! ,secret>y ( ,labor1 9 consultation ) ! ,secret>y ( ,education & ! ,secret>y ( ,comm]ce1 may procure tempor>y & int]mitt5t s]vices ( exp]ts to advise ! ,national ,bo>d "u section #caji7;b7 ( title #e1 ,unit$ ,/ates ,code1 at rates = individuals :i* d n exce$ ! daily equival5t ( ! annual rate ( basic pay prescrib$ = level ,v ( ! ,executive ,s*$ule "u section #ecaf ( su* title4 7,b7 ,types ( exp]ts ,"u subp>agraph 7,a71 ! ,secret>y ( ,labor may procure ! tempor>y & int]mitt5t s]vices ( exp]ts 9 labor economics1 work=ce data1 artificial intellig5ce or em]g+ te*nology1 education1 tra9+1 cr$5tial+1 regional economic developm5t1 public sector work=ce ne$s1 or ! "w ( philan?ropic entities t support work=ce developm5t4 7e7 ,def9ition ,9 ?is section1 ! t]m ,secret>ies means ! ,secret>y ( ,labor1 ! ,secret>y ( ,education1 & ! ,secret>y ( ,comm]ce4 #cjd4 ,national ,work=ce ,transition ,fund 7a7 ,e/abli%m5t ,!re is e/abli%$ )9 ! ,treasury ( ! ,unit$ ,/ates a ,fund to be kn[n z ! ,national ,work=ce ,transition ,fund1 consi/+ ( am\nts transf]r$ to ! ,fund z provid$ 9 ?is section or o!rwise appropriat$ to ! ,fund4 7b7 ,transf] ,! ,secret>y ( ! ,treasury %all make ! transf]s ( am\nts requir$ by section #c7;c7 ( ! ,national ,work=ce ,transition ,fund ,act ( #bjbf4 7c7 ,fund adm9i/ration 7#a7 ,tru/ee ,! ,secret>y ( ! ,treasury %all be ! tru/ee ( ! ,fund4 7#b7 ,inve/m5t 7,a7 ,9 g5]al ,! ,secret>y ( ! ,treasury %all inve/ ! portion ( ! ,fund t is n requir$ to meet curr5t )drawals4 7,b7 ,int]e/-be>+ obligations ,! inve/m5ts may be made only 9 int]e/-be>+ obligations ( ! ,unit$ ,/ates t are-- 7i7 orig9al issue at ! issue price2 or 7ii7 out/&+ obligations pur*as$ at m>ket price4 7,c7 ,ali5ability ,any obligation acquir$ by ! ,fund may be sold by ! ,secret>y ( ! ,treasury at ! m>ket price4 7,d7 ,inve/m5t int]e/ ,! int]e/ on & ! proce$s f ! sale or r$emption ( any obligation held 9 ! ,fund %all be cr$it$ to ! ,fund4 7d7 ,use ( funds ,am\nts 9 ! ,fund %all only be available z specifi$ 9 section #cje & to ! ext5t provid$ = by appropriation ,acts1 = mak+ exp5ditures to c>ry out ! provisions ( section #cje4 #cje4 ,use ( funds 7a7 ,9 g5]al 7#a7 ,p]missible activities ,! ,secret>y may use am\nts f ! ,fund e/abli%$ "u section #cjd to support-- 7,a7 mod]nization ( labor m>ket in=mation sy/ems "u subsection 7b72 7,b7 activities to assi/ work]s 9 transition+ into /able employm5t "u subsection 7c72 7,c7 activities to assi/ employ]s ) ret5tion1 r$eploym5t1 or transition+ ( work]s "u subsection 7d72 & 7,d7 pilot programs to fur!r support work]s1 improve employm5t ret5tion1 r$eploym5t1 & transition+ outcomes1 & mod]nize labor m>ket in=mation sy/ems "u subsection 7e74 7#b7 ,priority populations 7,a7 ,9 g5]al ,9 c>ry+ out ! activities describ$ 9 subsections 7c7 7o!r ?an p>agraph 7#c771 7d71 & 7e7 ! ,secret>y %all give priority to work]s :o are exp]i5c+ or fac+ employm5t loss or o!r labor m>ket disruption1 ne$ support 9 transition+ into /able employm5t1 & are f "o or m priority populations consi/+ (-- 7i7 work]s receiv+ unemploym5t comp5sation2 7ii7 dislocat$ work]s2 7iii7 work]s ^: h\rs1 e>n+s1 or employm5t opportunities h mat]ially decl9$2 7iv7 rec5t graduates f a second>y s*ool or an in/itution ( high] education1 or entry-level work]s fac+ decl9+ hir+ conditions2 7v7 work]s 9 occupations1 indu/ry sectors1 or regions id5tifi$ by ! ,secret>y z expos$ to te*nological *ange1 animation1 adoption ( artificial intellig5ce or em]g+ te*nology1 occupational re/ructur+1 or decl9+ labor dem&2 & 7vi7 work]s seek+ to transition into 9-dem& indu/ry sectors or occupations4 7,b7 ,eligibility ( work]s 7i7 ,9 g5]al ,9 ord] to receive support ?r\gh activities describ$ 9 p>agraph 7#a71 no work] %all be requir$ to %[ t artificial intellig5ce or em]g+ te*nology 0 ! sole or prim>y cause = ! labor m>ket disruption affect+ ! work]4 7ii7 ,priority ,! ,secret>y %all det]m9e :e!r work]s meet ! requirem5ts ( subp>agraph 7,a7 by det]m9+ priority populations us+ labor m>ket indicators & relat$ in=mation su* z unemploym5t insurance claims1 wage records1 occupational employm5t tr5ds1 entry-level hir+ tr5ds1 employ] reports1 sectoral disruption1 regional displacem5t1 wage losses1 & exposure to artificial intellig5ce or em]g+ te*nology4 7b7 ,work=ce ,data & ,labor ,m>ket ,in=mation ,sy/ems 7#a7 ,9 g5]al ,! ,secret>y may use am\nts f ! ,fund to c>ry out activities to /r5g!n ,f$]al & ,/ate labor m>ket in=mation sy/ems to enable ,f$]al & ,/ate policymak]s to bett] id5tify categories ( in=mation1 includ+-- 7,a7 :]e labor m>ket disruption occurs due to ! adoption ( sy/ems ( artificial intellig5ce or em]g+ te*nology2 7,b7 types ( work]s :o are affect$ by ! adoption ( sy/ems ( artificial intellig5ce or em]g+ te*nology2 & 7,c7 :e!r public int]v5tions1 relat$ to ! impact ( artificial intellig5ce or em]g+ te*nology1 are improv+ employm5t1 e>n+s1 & job quality4 7#b7 ,in=mation sy/ems ,9 c>ry+ out ?is subsection1 ! ,secret>y %all /r5g!n ,f$]al & ,/ate labor m>ket in=mation sy/ems1 includ+-- 7,a7 ! nationwide work=ce & labor m>ket in=mation sy/em describ$ 9 section #ae ( ! ,wagn]-,peys] ,act 7#bi ,u4,s4,c4 #dil-#b72 7,b7 any labor m>ket in=mation sy/em t ! ,bureau ( ,labor ,/ati/ics adm9i/]s2 7,c7 any labor m>ket in=mation sy/em t ! ,social ,security ,adm9i/ration adm9i/]s2 7,d7 any labor m>ket in=mation sy/em t ! ,bureau ( ! ,c5sus adm9i/]s2 7,e7 ,/ate labor m>ket in=mation sy/ems1 includ+ any ,/ate unemploym5t insurance wage data sy/em2 & 7,f7 any ,/ate sy/em cov]+ data f localiz$ /ati/ical surveys4 7#c7 ,/udy 7,a7 ,allocation ( ,funds ,! ,secret>y %all allocate & use #c1jjj1jjj f ! ,fund to support-- 7i7 a /udy t is conduct$1 & reports t are prep>$ & submitt$1 directly or indirectly by ! ,secret>y1 "u ?is p>agraph2 & 7ii7 an implem5tation plan t is prep>$ & submitt$ by ! ,secret>y "u subp>agraph 7,g74 7,b7 ,compilation ( in=mation ,! /udy conduct$ "u subp>agraph 7,a7 %all-- 7i7 id5tify gaps 91 & make recomm5dations =1 data collection = labor m>ket in=mation sy/ems1 relat+ to in=mation ne$$ to address ! adoption ( artificial intellig5ce or em]g+ te*nology1 includ+ in=mation-- 7,i7 ab\t em]g+ te*nology2 7,,ii7 t p]mits occupational data re/ructur+2 7,,iii7 ab\t entry-level hir+ & o!r hir+ tr5ds2 7,,iv7 ab\t work] displacem5t2 7,v7 ab\t e>n+ outcomes2 & 7,,vi7 ab\t regional labor m>ket disruption2 & 7ii7 evaluate & provide recomm5dations =-- 7,i7 integrat+ additional artificial intellig5ce que/ions into labor m>ket surveys2 7,,ii7 cont9u+ ! incorporation ( occupational classification sy/ems into labor m>ket reports2 7,,iii7 l9k+ cross-ag5cy data measurem5t to produce compreh5sive labor m>ket reports2 7,,iv7 p>tn]+ ) non-public entities to produce additional public use labor m>ket /ati/ics2 & 7,v7 increas+ ! frequ5cy ( publi%$ labor m>ket reports4 7,c7 ,/ate record mod]nization ,! /udy conduct$ "u subp>agraph 7,a7 %all include an assessm5t ( ,/ate ef=ts to mod]nize unemploym5t insurance wage data sy/ems & o!r work=ce data infra/ructure4 7,d7 ,recomm5dations ,z "p ( ! /udy conduct$ "u subp>agraph 7,a71 ! ,secret>y %all prep>e recomm5dations-- 7i7 to ,f$]al ag5cies & ea* ,/ate = mod]nization ( labor m>ket in=mation sy/ems & relat$ data collection by incorporat+ mix$ me?ods ( data collect+1 includ+ collection (-- 7,i7 data f onl9e job po/+s2 7,,ii7 private labor m>ket data2 7,,iii7 ,f$]al /ati/ical data2 7,,iv7 adm9i/rative data2 7,v7 data f employ] surveys2 7,,vi7 data f work] surveys2 & 7,,vii7 qualitative regional work=ce in=mation2 & 7ii7 ab\t ! am\nt ( funds t %\ld be allocat$ f ! ,fund to c>ry out activities "u p>agraph 7#d74 7,e7 ,ag5cy coord9ation ,9 conduct+ ! /udy "u subp>agraph 7,a71 ! ,secret>y %all coord9ate activities )-- 7i7 all ,f$]al /ati/ical ag5cies1 includ+ ! ,bureau ( ,labor ,/ati/ics & ! ,bureau ( ! ,c5sus2 & 7ii7 ! ,social ,security ,adm9i/ration4 7,f7 ,reports 7i7 ,initial report ,n lat] ?an #ij days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all prep>e & submit an initial report conta9+ initial results ( ! /udy & recomm5dations describ$ 9 subp>agraph 7,d7 to-- 7,i7 all memb]s ( ! ,national ,bo>d2 7,,ii7 all ,f$]al ag5cies2 7,,iii7 ea* ,/ate2 7,,iv7 ! ,committee on ,heal?1 ,education1 ,labor1 & ,p5sions1 ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs1 & ! ,committee on ,f9ance1 ( ! ,s5ate2 & 7,v7 ! ,committee on ,education & ,work=ce1 ! ,committee on ,ov]sight & ,gov]nm5t ,re=m1 & ! ,committee on ,ways & ,means1 ( ! ,h\se ( ,repres5tatives4 7ii7 ,int]im report ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all prep>e & submit to ! p>ties describ$ 9 clause 7i7 an int]im report conta9+ int]im results ( ! /udy & recomm5dations describ$ 9 subp>agraph 7,d74 7,g7 ,implem5tation plan ,n lat] ?an #ab mon?s aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all prep>e & submit an implem5tation plan to ! p>ties describ$ 9 subp>agraph 7,f77i7 t includes a timel9e & /at$ objectives to c>ry out ?is subsection4 7#d7 ,mod]nization ,activities 7,a7 ,funds ,on ! date ( submission ( ! int]im report "u p>agraph 7#c77;,f77ii71 ! ,secret>y %all allocate f ! ,fund an am\nt1 bas$ on ! am\nt t ! /udy f9d+s 9 t report recomm5d1 to c>ry out activities "u ?is p>agraph4 7,b7 ,activities ,! ,secret>y may use ! am\nt to-- 7i7 mod]nize ,f$]al & ,/ate labor m>ket measurem5t & report+2 7ii7 promote ,f$]al & ,/ate labor m>ket in=mation sy/em mod]nization activities t may include-- 7,i7 measur+ occupational exposure to artificial intellig5ce or em]g+ te*nology1 includ+ task automation2 7,,ii7 analyz+ *anges 9 entry-level employm5t2 7,,iii7 analyz+ hir+ requirem5ts2 7,,iv7 analyz+ c>e] pa?ways2 7,v7 track+ work] displacem5t1 r$eploym5t1 reemploym5t1 & e>n+ outcomes2 7,,vi7 analyz+ regional impacts ( artificial intellig5ce or em]g+ te*nology2 & 7,,vii7 exam9+ ! relation%ip betwe5 ! adoption ( artificial intellig5ce or em]g+ te*nology1 productivity1 employm5t1 wages1 & job quality2 & 7iii7 create an enhanc$ wage record grant program = ea* ,/ate to collect occupational data = job titles1 h\rs work$1 & job locations1 consi/5t ) privacy & data security laws4 7c7 ,work] transition assi/ance & o!r s]vices 7#a7 ,9 g5]al ,! ,secret>y may use an am\nt f ! ,fund = a project or s]vices to assi/ work]s 9 transition+ into /able employm5t ?r\gh access to tra9+ s]vices ?r\gh individual tra9+ acc\nts z describ$ 9 p>agraph 7#b71 cr$5tial pa?ways or programs fund$ ?r\gh education & tra9+ grants z describ$ 9 p>agraph 7#c71 sectoral work=ce p>tn]%ip grants z describ$ 9 p>agraph 7#d71 & supportive s]vices z describ$ 9 p>agraph 7#e74 7#b7 ,access to tra9+ s]vices ?r\gh individual tra9+ acc\nts 7,a7 ,grants to local areas 7i7 ,9 g5]al ,! ,secret>y %all make grants to local areas1 f allocations made "u subp>agraph 7,b71 = ! provision ( tra9+ s]vices ?r\gh individual tra9+ acc\nts1 z describ$ 9 section #acd7;c77#c77;,f71 to any work] eligible "u section #acd7;c77#c77;,a71 subject to subsection 7a77#b74 7ii7 ,exception ,! eligibility requirem5ts "u sections #acd7;c77#c77;,a77i77,,iii7 & #acd7;c77#c77;,a77i77,,iv71 respectively1 %all n apply to work]s "u ?is p>agraph4 7,b7 ,allocation ( funds ,us+ ! sum ! ,secret>y receives f ! ,fund "u p>agraph 7#a7 = s]vices "u ?is p>agraph = a fiscal ye>1 ! ,secret>y %all allocate to ea* local area = t fiscal ye> an am\nt t be>s ! same relation%ip to t sum z ! am\nt ! local area receives "u section #acc7;b7 = t fiscal ye> be>s to ! total am\nt t all local areas s receive4 7,c7 ,provid]s 7i7 ,9 g5]al ,! local area %all ent] into agreem5ts ) eligible provid]s to provide tra9+ s]vices "u ?is p>agraph1 ) fund+ provid$ ?r\gh direct paym5ts made ?r\gh individual tra9+ acc\nts1 pursuant to section #acd7;c77#c77;,f77iii74 7ii7 ,eligible provid]s ,to be eligible to ent] into an agreem5t "u ?is p>agraph1 a provid] %all be an eligible provid] ( tra9+ s]vices "u section #abb4 7iii7 ,application ,to be eligible to ent] into su* an agreem5t1 a provid] %all submit an application to ! local area at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! local area may require1 includ+1 if ! provid] proposes to provide tra9+ s]vices1 in=mation demon/rat+ t ! tra9+ s]vices to be provid$ w meet quality /&>ds relat$ to-- 7,i7 completion by1 employm5t (1 & e>n+s ( work]s2 7,,ii7 if ! s]vices lead to a recogniz$ po/second>y cr$5tial1 t recogniz$ po/second>y cr$5tial & portability ( su* cr$5tial2 7,,iii7 alignm5t ( ! s]vices ) regional labor m>ket ne$s2 & 7,,iv7 co/ to ! local area & consum] protection ( work]s4 7#c7 ,education & tra9+ grants = cr$5tials 9 9-dem& indu/ry sectors or occupations 7,a7 ,grants to ,/ates ,! ,secret>y %all make grants to ,/ates to enable /ud5ts or incumb5t work]s1 not)/&+ subsection 7a77#b71 to receive education or tra9+ s]vices at an in/itution ( high] education or f a provid] ( tra9+ s]vices1 & a correspond+ associate or baccalaureate degree1 or o!r recogniz$ po/second>y cr$5tial1 9 an 9-dem& indu/ry sector or occupation4 7,b7 ,applications ,to be eligible to receive a grant "u ?is p>agraph1 a ,/ate %all submit an application to ! ,secret>y at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y may require4 7,c7 ,transf] to ,/ate high] educational entities 7i7 ,9 g5]al ,a ,/ate t receives a grant "u subp>agraph 7,a7 %all transf] ! grant funds to ! appropriate ,/ate high] education ag5cy4 7ii7 ,adm9i/ration ,^u transf] ( ! grant funds "u clause 7i71 ! ,/ate high] educational entity %all adm9i/] ! grant "u ?is p>agraph4 7iii7 ,au?ority 7,i7 ,9 g5]al ,! ,/ate high] education ag5cy %all c>ry out ! goals ( ! grant program describ$ 9 subp>agraph 7,a7 & %all-- 7aa7 require eligible in/itutions & provid]s to provide data specific to /ud5ts or incumb5t work]s1 z applicable2 7bb7 make f9al decisions on any dispute betwe5 an eligible in/itution or provid]1 & a /ud5t or incumb5t work]2 & 7cc7 und]take p]iodic assessm5ts ( ! ov]all success ( ! grant program "u subp>agraph 7,a7 & recomm5d modifications1 int]v5tions1 & o!r actions bas$ on su* an assessm5t4 7,,ii7 ,regulations ,! ,/ate high] education ag5cy may adopt any regulation = ! adm9i/ration ( ! grant program "u subp>agraph 7,a7 z ! ,/ate high] education ag5cy det]m9es to be necess>y4 7,d7 ,subgrants to in/itutions ( high] education & provid]s 7i7 ,9 g5]al ,a ,/ate high] education ag5cy t adm9i/]s a grant "u ?is p>agraph %all use ! grant funds to make subgrants to in/itutions ( high] education or eligible provid]s ( tra9+ s]vices "u section #abb4 7ii7 ,applications ,to be eligible to receive a subgrant "u ?is p>agraph1 an in/itution or provid] %all submit an application to ! ,/ate high] education ag5cy at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,/ate high] education ag5cy may require1 includ+1 if ! education or tra9+ s]vices lead to a recogniz$ po/second>y cr$5tial o!r ?an a degree1 in=mation indicat+ ! quality ( ! program lead+ to ! cr$5tial4 7,e7 ,fund+ = /ud5ts & incumb5t work]s ,an in/itution or provid] t receives a subgrant "u ?is p>agraph may use ! subgrant funds to pay = ! co/ ( ! education or tra9+ s]vices describ$ 9 subp>agraph 7,a71 except t-- 7i7 ! in/itution or provid] %all select /ud5ts or incumb5t work]s to p>ticipate2 7ii7 a /ud5t or incumb5t work] :o is select$ & enrolls 9 ! correspond+ education or tra9+ s]vices program %all pay = #a_/c ( ! co/ ( ! program on enrollm5t2 & 7iii7 su* a /ud5t or incumb5t work] :o does n complete ! program %all pay = an additional #a_/c ( t co/4 7#d7 ,sectoral work=ce p>tn]%ip grants 7,a7 ,grants to ,/ates 7i7 ,9 g5]al ,! ,secret>y %all make grants to ,/ates to make subgrants to local bo>ds "u subp>agraph 7,b71 to ent] into agreem5ts ) eligible entities z describ$ 9 subp>agraph 7,c7-- 7,i7 to create1 exp&1 or mod]nize a sectoral work=ce p>tn]%ip2 & 7,,ii7 act+ ?r\gh t p>tn]%ip1 to assi/ work]s ) c>e] pa?ways ti$ to labor m>ket dem&4 7ii7 ,applications ,to be eligible to receive a grant "u ?is p>agraph1 a ,/ate %all submit an application to ! ,secret>y at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y may require4 7,b7 ,subgrants to local bo>ds 7i7 ,9 g5]al ,a ,/ate t receives a grant "u subp>agraph 7,a7 %all use ! grant funds to make subgrants to local bo>ds1 to enable ! local bo>ds to ent] into agreem5ts "u subp>agraph 7,c74 7ii7 ,applications ,to be eligible to receive a subgrant "u ?is p>agraph1 a local bo>d %all submit an application to ! ,/ate at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,/ate may require1 includ+ an assurance t ! local bo>d w coord9ate activities "u ! subgrant ) ! activities ( ! local bo>ds c>ry+ out simil> activities "u ?is p>agraph 9 ! ,/ates4 7,c7 ,agreem5ts ) eligible entities 7i7 ,9 g5]al ,a local bo>d t receives a subgrant "u ?is p>agraph %all use ! subgrant funds to ent] into agreem5ts ) eligible entities4 7ii7 ,eligible entities ,to be eligible to ent] into an agreem5t "u ?is p>agraph1 an entity %all-- 7,i7 relate to-- 7aa7 an 9-dem& indu/ry sector or occupation2 or 7bb7 an indu/ry ) high gr[? pot5tial1 z det]m9$ by ! local bo>d2 & 7,,ii7 consi/ (1 or propose to create1 a p>tn]%ip ( at lea/ #c ( ! foll[+ organizations-- 7aa7 employ]s2 7bb7 labor organizations or o!r work] organizations2 7cc7 ,/ate bo>ds2 7dd7 local bo>ds2 7ee7 community colleges or in/itutions ( high] education2 7ff7 sponsors ( appr5tice%ip programs2 7gg7 economic developm5t ag5cies2 or 7hh7 work=ce int]m$i>ies4 7iii7 ,applications ,to be eligible to ent] into an agreem5t "u ?is p>agraph1 an eligible entity %all submit an application to ! local bo>d at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! local bo>d may require1 includ+1 if ! c>e] pa?way or o!r program to be provid$ leads to an indu/ry-recogniz$ cr$5tial1 in=mation indicat+ ! quality ( ! pa?way or program lead+ to ! cr$5tial4 7iv7 ,priority ,9 det]m9+ :i* entities to ent] into agreem5ts ) "u ?is p>agraph1 a local bo>d %all give priority to entities t-- 7,i7 s]ve work]s exp]i5c+ or fac+ employm5t loss or labor m>ket disruption2 7,,ii7 provide portable indu/ry-recogniz$ cr$5tials2 7,,iii7 propose a program ) employ] commitm5ts to int]view1 hire1 reta91 r$eploy1 or advance individuals :o complete ! program2 7,,iv7 propose a program t includes labor organization or work] organization p>ticipation2 or 7,v7 propose a program t supports jobs t provide wages suffici5t = economic security or a cr$ible pa?way to su* wages4 7v7 ,use ( funds ,an entity t ent]s into an agreem5t "u ?is p>agraph may use ! funds provid$ ?r\gh ! agreem5t-- 7,i7 to assi/ work]s 9 pursu+ c>e] pa?ways t are ti$ to real labor m>ket dem& & 9-- 7aa7 9-dem& indu/ry sectors & occupations t are important to regional or national economic resili5ce1 includ+ 9-dem& indu/ry sectors & occupations t face p]si/5t %ortages ( work]s2 or 7bb7 indu/ry sectors & occupations :]e wages1 on ! date ( ! application ( ! entity1 are l[1 if fund+ = ! pa?ways or program is ti$ to measurable improvem5ts 9 wages1 b5efits1 c>e] advancem5t1 ret5tion1 or job quality1 = work]s2 or 7,,ii7 to c>ry out a limit$ portable artificial intellig5ce or em]g+ te*nology skills cr$5tial pilot program-- 7aa7 to develop & provide tra9+ relat+ to common basel9e artificial intellig5ce or em]g+ te*nology skill /&>ds ) relat$ cr$5tials1 to provide c>e] pa?ways 9 9-dem& indu/ry sectors & occupations describ$ 9 item 7aa7 or 7bb7 ( subclause 7,i72 & 7bb7 to assess :e!r ! /&>ds w\ld improve work] mobility1 r$uce duplicative employ] tra9+1 & make su* cr$5tials m transp>5t & useful across bus9esses1 occupations1 & indu/ry sectors4 7#e7 ,provision ( supportive s]vices ,! ,secret>y %all1 9 consultation ) ! ,national ,bo>d1 develop supportive s]vices to directly support work]s p>ticipat+ 9 an activity "u ?is subsection or subsection 7e71 & provide ! s]vices1 :i* may include-- 7,a7 h\s+2 7,b7 *ild c>e2 7,c7 transportation2 7,d7 heal? b5efits2 & 7,e7 any o!r s]vice ! ,secret>y det]m9es to be necess>y to support su* work]s dur+ ! transition p]iod4 7#f7 ,/ate high] education ag5cy ,z us$ 9 ?is subsection1 ! t]m ,/ate high] education ag5cy has ! mean+ giv5 ! t]m 9 section #ajc ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajjc74 7d7 ,employ] ret5tion1 r$eploym5t1 or transition+ grants 7#a7 ,9 g5]al ,! ,secret>y may use an am\nt f ! ,fund = a project t supports employ]s 9 reta9+1 r$eploy+1 or responsibly transition+ cov]$ work]s1 ?r\gh work=ce transition plans t promote acc\ntability1 work] consultation1 report+ requirem5ts1 & recov]y ( misus$ funds4 7#b7 ,grants to ,/ates & local bo>ds 7,a7 ,9 g5]al ,! ,secret>y1 9 c>ry+ out ! project describ$ 9 p>agraph 7#a71 %all make grants to ,/ates & local bo>ds to make subgrants to employ]s "u ?is subsection4 7,b7 ,applications ,to be eligible to receive a grant "u ?is subsection1 a ,/ate or local bo>d %all submit an application to ! ,secret>y at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y may require4 7#c7 ,subgrants to employ]s 7,a7 ,9 g5]al ,a ,/ate or local bo>d t receives a grant "u ?is subsection %all use ! grant funds to make subgrants to employ]s to support ! employ]s 9 c>ry+ out initiatives to assi/ cov]$ work]s z describ$ 9 p>agraph 7#a74 7,b7 ,work=ce transition plans ,to be eligible to receive a subgrant "u ?is p>agraph f a ,/ate or local bo>d1 an employ] %all submit a work=ce transition plan to ! ,/ate or local bo>d1 respectively1 at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,/ate or local bo>d may require1 includ+-- 7i7 ! artificial intellig5ce or em]g+ te*nology work=ce transition compact1 describ$ 9 subp>agraph 7,c71 t ! employ] has ent]$ into ) ! ,secret>y2 7ii7 in=mation id5tify+ ! cohort ( cov]$ work]s to be s]v$ "u ! initiative2 7iii7 in=mation describ+ h[ artificial intellig5ce or em]g+ te*nology is *ang+ job design or /aff+ ne$s = cov]$ work]s 9 t cohort2 7iv7 in=mation id5tify+ h[ ! employ] w prioritize ret5tion1 r$eploym5t1 or responsible transition+1 ov] lay(fs1 = cov]$ work]s 9 t cohort2 7v7 an explanation ( h[ ! employ] w use ! subgrant funds ?r\gh ! initiative to support paid tra9+1 int]nal r$eploym5t1 c>e] navigation s]vices1 cr$5tial+1 placem5t support1 wage support1 or supportive s]vices1 = cov]$ work]s 9 t cohort2 & 7vi7 if ! initiative to be provid$ leads to an indu/ry-recogniz$ cr$5tial1 in=mation indicat+ ! quality ( ! initiative lead+ to ! cr$5tial4 7,c7 ,work=ce transition compact 7i7 ,9 g5]al ,an employ] seek+ a subgrant "u ?is subsection %all ent] into a work=ce transition compact ) ! ,secret>y4 7ii7 ,provisions ,! compact %all include provisions relat+ to ! initiative t-- 7,i7 specify ret5tion1 r$eploym5t1 or responsible transition+ t>gets = ! employ]2 7,,ii7 e/abli% proc$ures = notice to & consultation ) ! cov]$ work]s s]v$ "u ! subgrant2 7,,iii7 e/abli% wage & b5efit /&>ds = r$eploy$ cov]$ work]s2 7,,iv7 e/abli% proc$ures = report+ on ! outcomes ( ! cov]$ work]s s]v$ ?r\gh ! initiative1 & ! job *anges1 relat$ to adoption ( artificial intellig5ce or em]g+ te*nology1 ( ! cov]$ work]s2 & 7,v7 e/abli% proc$ures = recov]y ( subgrant funds if ! employ] fails to satisfy ! requirem5ts ( ?is subp>agraph or subp>agraph 7,b71 respectively4 7#d7 ,cov]$ work] ,9 ?is subsection1 ! t]m cov]$ work] means 7subject to subsection 7a77#b77 a work] ^: job is expect$ by ! employ] to be mat]ially affect$ by adoption ( artificial intellig5ce or em]g+ te*nology1 or by a relat$ significant task r$esign4 7e7 ,pilot ,programs 7#a7 ,9 g5]al ,! ,secret>y %all1 9 consultation ) ! ,national ,bo>d1 use an am\nt f ! ,fund to c>ry out a limit$ pilot program1 to make grants to eligible entities = projects ( ! activities describ$ 9 subsection 7b71 7c71 or 7d74 7#b7 ,eligible entities ,to be eligible to receive su* a grant1 ! entity involv$ %all demon/rate t ! grant fund+ w support ! developm5t & c>ry+ out (-- 7,a7 projects t directly support work]s1 :i* may include projects t provide-- 7i7 wage insurance2 7ii7 unemploym5t b5efits2 7iii7 portable b5efits2 7iv7 te*nology tra9+ & education2 7v7 job lic5s+2 7vi7 appr5tice%ips2 or 7vii7 any o!r activity ! ,secret>y det]m9es to be necess>y to support work]s dur+ ! p]iod 9 :i* ! work]s are transition+ into /able employm5t2 7,b7 projects t improve employm5t transition outcomes = ! work]s2 or 7,c7 projects t mod]nize labor m>ket in=mation sy/ems & relat$ work=ce data4 7f7 ,supplem5t n supplant ,am\nts made available f ! ,fund to c>ry out ?is %all supplem5t & n supplant o!r ,f$]al1 ,/ate1 local1 or private work=ce inve/m5ts1 includ+ employ] labor m>ket inve/m5ts1 exp5d$ to c>ry out ! activities describ$ 9 subsection 7a77#a74 7g7 ,evaluation & report+ 7#a7 ,p]=mance measures = activities 7,a7 ,e/abli%m5t ,! ,secret>y1 coord9at+ activities ) ! ,secret>y ( ,education1 ! ,secret>y ( ,comm]ce1 & ! ,national ,bo>d1 %all e/abli% p]=mance measures1 ) indicators & levels ( p]=mance1 = ! activities c>ri$ out "u subsections 7c71 7d71 & 7e74 ,! p]=mance measures %all indicate results ( ! activities 7includ+ work] outcomes7 relat+ to employm5t1 reemploym5t1 ret5tion1 r$eploym5t1 e>n+s1 cr$5tial completion1 job quality1 employ] p>ticipation1 regional impacts1 & outcomes = priority populations4 7,b7 ,data collection ,recipi5ts ( grants "u subsection 7c7 or 7e7 & employ]s :o are recipi5ts ( subgrants "u subsection 7d7 %all collect data f ! grant or subgrant activities on ! p]=mance measures1 prep>e reports summ>iz+ ! data1 & submit ! reports to ! ,secret>y4 7#b7 ,/udy & report by ,secret>y 7,a7 ,/udy ,! ,secret>y %all conduct a /udy on ! am\nt ( transf]s into & exp5ditures f ! ,fund1 on grants aw>d$ "u ?is title1 & on ! impact ( ! activities c>ri$ out "u ?is title relat+ to work]s s]v$1 levels ( employ] p>ticipation & compliance1 work=ce outcomes1 & labor m>ket tr5ds4 7,b7 ,s\rces ,9 conduct+ ! /udy1 ! ,secret>y %all consid] data f reports on p]=mance measures "u p>agraph 7#a77;,b71 f ! ,f$]al labor m>ket in=mation sy/em1 f unemploym5t insurance wage data sy/ems & wage records1 in=mation on indu/ry sector tr5ds1 & analysis by rese>*]s f in/itutions ( high] education t are n involv$ 9 ! activities c>ri$ out "u ?is section4 7,c7 ,report ,! ,secret>y %all prep>e & submit to ,congress a report conta9+ ! results ( ! /udy1 & recomm5dations = c>ry+ out fur!r activities to address ! adoption ( artificial intellig5ce or em]g+ te*nology4 ,9 pres5t+ data 9 ! report1 or any o!r report prep>$ "u ?is title1 ! ,secret>y %all pres5t aggregate data )\t p]sonally id5tifiable in=mation1 %all protect confid5tial bus9ess in=mation & trade secrets1 & %all protect work] privacy4 7#c7 ,review & report by ,comptroll] ,g5]al 7,a7 ,review ,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all1 n lat] ?an #c ye>s aft] ! date ( enactm5t ( ! ,national ,work=ce ,transition ,fund ,act ( #bjbf1 c>ry out a review ( ! activities c>ri$ out "u ?is title4 ,9 c>ry+ out ! review1 ! ,comptroll] %all assess program effectiv5ess1 employ] report+1 requirem5ts = recov]y ( misus$ funds1 data mod]nization1 di/ribution ( b5efits1 & opportunities = improvem5t4 7,b7 ,report ,! ,comptroll] ,g5]al %all prep>e a report conta9+ ! results ( ! review & submit ! report to ! ,presid5t1 ! ,committee on ,heal?1 ,education1 ,labor1 & ,p5sions ( ! ,s5ate1 & ! ,committee on ,education & ,work=ce ( ! ,h\se ( ,repres5tatives4 #cjf4 ,consid]ation ( ext5sion1 modification1 & t]m9ation 7a7 ,review ,! ,secret>y ( ,labor1 aft] consultation ) ! ,national ,bo>d1 ! ,secret>y ( ! ,treasury1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates1 & ! heads ( o!r relevant ,f$]al ag5cies1 %all conduct a review assess+ :e!r-- 7#a7 labor m>ket conditions w>rant ext5d+1 modify+1 or t]m9at+ ! provisions ( ?is title & section #c1 & ! am5dm5ts made by section #c1 ( ! ,national ,work=ce ,transition ,fund ( #bjbd2 & 7#b7 rev5ue f ! ,fund %\ld cont9ue to be d$icat$ to c>ry out1 9 response to ! adoption ( artificial intellig5ce & em]g+ te*nology-- 7,a7 mod]nization ( labor m>ket in=mation sy/ems2 7,b7 activities to assi/ work]s to transition into employm5t2 or 7,c7 activities to assi/ employ]s ) ret5tion1 r$eploym5t1 or transition+ ( work]s4 7b7 ,report 7#a7 ,cont5ts ,n e>li] ?an #d ye>s or lat] ?an #e ye>s aft] ! date ( enactm5t ( ! ,national ,work=ce ,transition ,fund ,act ( #bjbf1 ! ,secret>y %all prep>e a report conta9+-- 7,a7 ! results ( ! review2 & 7,b7 recomm5dations ab\t t ext5sion1 modification1 or t]m9ation1 includ+ :e!r any su* ext5sion %\ld be bas$ on labor m>ket indicators1 &1 if s1 :i* labor m>ket indicators ,congress %\ld consid]4 7#b7 ,submission ,! ,secret>y %all submit ! report to ! appropriate committees ( ,congress & ! ,presid5t4 7#c7 ,def9ition ,9 ?is subsection1 ! t]m appropriate committees ( ,congress means-- 7,a7 ! ,committee on ,ways & ,means & ! ,committee on ,education & ,work=ce ( ! ,h\se ( ,repres5tatives2 & 7,b7 ! ,committee on ,f9ance & ! ,committee on ,heal?1 ,education1 ,labor1 & ,p5sions ( ! ,s5ate4 4 7b7 ,table ( cont5ts ,! table ( cont5ts 9 section #a7;b7 ( ! ,work=ce ,innovation & ,opportunity ,act is am5d$ by /rik+ ! items relat+ to title ,,iii & ins]t+ ! foll[+3 ,,title ,,iii--,,work=ce ,t,r,a,n,s,i,t,i,o,n,sec4 #cja4 ,purpose4,sec4 #cjb4 ,def9itions4,sec4 #cjc4 ,national ,work=ce ,transition ,bo>d4,sec4 #cjd4 ,national ,work=ce ,transition ,fund4,sec4 #cje4 ,use ( funds4,sec4 #cjf4 ,consid]ation ( ext5sion1 modification1 & t]m9ation4 4 #c4 ,exempt+ ,,ai data c5t]s f bonus depreciation 7a7 ,9 g5]al ,section #afh7k7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$-- 7#a7 9 p>agraph 7#i7-- 7,a7 9 subp>agraph 7,a71 by /rik+ or at ! end1 7,b7 9 subp>agraph 7,b71 by /rik+ ! p]iod at ! end & ins]t+ 1 or1 & 7,c7 by add+ at ! end ! foll[+ new subp>agraph3 7,c7 any prop]ty us$ 9 an ,,ai data c5t]4 1 & 7#b7 by add+ at ! end ! foll[+ new p>agraph3 7#aa7 ,,ai data c5t] 7,a7 ,9 g5]al ,= purposes ( p>agraph 7#i77;,c71 ! t]m ,,ai data c5t] means a p]man5t or semip]man5t /ructure1 or gr\p ( su* /ructures1 :i*-- 7i7 are d$icat$ to-- 7,i7 ! c5traliz$ accommodation1 int]connection1 & op]ation ( in=mation te*nology & network telecommunications equipm5t 7includ+ n less ?an #a graphics process+ unit71 & 7,,ii7 provid+ data /orage1 process+1 & transport s]vices1 & 7ii7 at lea/ #bj p]c5t ( :i* is us$ = develop+ or op]at+ artificial intellig5ce4 7,b7 ,def9itions ,= purposes ( subp>agraph 7,a7-- 7i7 ,graphics process+ unit ,= purposes ( subp>agraph 7,a71 ! t]m graphic process+ unit means a specializ$ electronic circuit design$ to accel]ate image r5d]+1 graphics process+1 & p>allel computation tasks4 7ii7 ,artificial intellig5ce ,! t]m artificial intellig5ce has ! mean+ giv5 su* t]m 9 section #ejjb ( ! ,national ,artificial ,intellig5ce ,initiative ,act ( #bjbj 7#ae ,u4,s4,c4 #idja74 4 7b7 ,application ( leas$ prop]ty rules to ,,ai data c5t]s ,section #afh ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new subsection3 7o7 ,application ( leas$ prop]ty rules to ,,ai data c5t]s ,9 ! case ( any ,,ai data c5t] 7z def9$ 9 subsection 7k77#aa77 :i* is subject to a lease1 ! depreciation d$uction provid$ by section #afg7;a7 %all be det]m9$ pursuant to ! rules "u section #a4afg7;a7-#aa7;e77#c77;iii7 ( title #bf1 ,code ( ,f$]al ,regulations 7z 9 effect on ! date ( enactm5t ( ?is subsection74 4 7c7 ,transf] to ,national ,work=ce ,transition ,fund 7#a7 ,9 g5]al ,! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 %all1 on an annual basis1 transf] to ! ,national ,work=ce ,transition ,fund 7z e/abli%$ "u section #cjd ( ! ,work=ce ,innovation & ,opportunity ,act71 f am\nts 9 ! g5]al fund ( ! ,treasury ( ! ,unit$ ,/ates1 an am\nt det]m9$ by ! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 to be equal to ! increase 9 rev5ue = ! prec$+ #ab-mon? p]iod by reason ( ! am5dm5ts made by subsections 7a7 & 7b74 7#b7 ,t]m9ation ,p>agraph 7#a7 %all n apply aft] ! date :i* is #e ye>s aft] ! date ( enactm5t ( ?is ,act4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ! date ( enactm5t ( ?is ,act4 #d4 ,t]m9ation 7a7 ,bonus depreciation ,! au?ority provid$ by section #c t]m9ates on ! day t is #e ye>s aft] ! date ( enactm5t ( ?is ,act4 7b7 ,work=ce developm5t activities ,! au?ority provid$ by ?is ,act 7o!r ?an section #c7 & ! am5dm5ts made by section #b t]m9ates on ! day t is #e ye>s aft] ! date ( enactm5t ( ?is ,act4