,,ii  #aai? ,,congress  #b;d ,session   
,s4 #effd  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,septemb] #cj1         
#bjbf,mr4 ,s*atz 7= himself & ,mr4      
,book]7 introduc$ ! foll[+ bill2 :i* 0  
read twice & ref]r$ to ! ,committee on  
,f9ance  ,a ,,bill  ,to provide = !     
retra9+ & support ( work]s displac$ by  
automation te*nologies or artificial    
intellig5ce1 to require ,f$]al action   
dur+ p]iods ( elevat$ unemploym5t1 & =  
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,f$]al ,und]tak+ to    
,track1 ,upskill1 & ,retra9 = ,employm5t
 ( ,work]s ,act or ! ,,future ( ,work]s 
,act4  #b4 ,def9itions ,9 ?is ,act3 7#a7
 ,artificial intellig5ce ,! t]m         
artificial intellig5ce has ! mean+ giv5 
! t]m 9 section #ejjb ( ! ,national     
,artificial ,intellig5ce ,initiative    
,act ( #bjbj 7#ae ,u4,s4,c4 #idja74     
7#b7 ,cov]$ te*nology ,! t]m cov]$      
te*nology means automation te*nologies  
or artificial intellig5ce4  #c4         
,gov]nm5t action dur+ p]iods (          

unemploym5t ,! ,employm5t ,act ( #aidf  
7#ae ,u4,s4,c4 #ajba et seq47 is am5d$  
by add+ at ! end ! foll[+3  #ab4        
,gov]nm5t action dur+ p]iods (          
unemploym5t  7a7 ,def9itions ,9 ?is     
subsection3 7#a7 ,ag5cy ,! t]m ag5cy has
 ! mean+ giv5 ! t]m 9 section #eea (    
title #e1 ,unit$ ,/ates ,code4  7#b7    
,qu>t] ,! t]m qu>t] means "o ( ! foll[+ 
#c-mon? p]iods3 7,a7 ,janu>y ?r\gh ,m>*4
  7,b7 ,april ?r\gh ,june4  7,c7 ,july  
?r\gh ,septemb]4  7,d7 ,octob] ?r\gh    
,decemb]4  7#c7 ,rate ( unemploym5t ,!  
t]m rate ( unemploym5t means1 ) respect 
to a qu>t]1 ! av]age ( ! seasonally     
adju/$ national mon?ly rates ( total    
unemploym5t = ! #c mon?s ( ! qu>t]1 z   
publi%$ by ! ,commission] ( ,labor      
,/ati/ics4  7b7 #f p]c5t unemploym5t    
,dur+ ! p]iod beg9n+ on ! date on :i* ! 
,secret>y ( ,labor det]m9es t ! rate (  
unemploym5t has exce$$ #f p]c5t dur+ #b 
consecutive qu>t]s & end+ on ! date on  
:i* ! ,secret>y ( ,labor det]m9es t !   
rate ( unemploym5t has be5 less ?an #f  

p]c5t = #b consecutive qu>t]s1 ! head ( 
ea* ag5cy adm9i/]+ a discretion>y grant 
or loan program %all consid] ! employm5t
 impacts ( a discretion>y grant or loan 
:5 review+ applications = ! discretion>y
 grant or loan4  7c7 #g4e p]c5t         
unemploym5t ,dur+ ! p]iod beg9n+ on !   
date on :i* ! ,secret>y ( ,labor        
det]m9es t ! rate ( unemploym5t has     
exce$$ #g4e p]c5t dur+ #b consecutive   
qu>t]s & end+ on ! date on :i* !        
,secret>y ( ,labor det]m9es t ! rate (  
unemploym5t has be5 less ?an #g4e p]c5t 
= #b consecutive qu>t]s-- 7#a7 ! *air ( 
! ,c\ncil ( ,economic ,advis]s %all     
conv5e an em]g5cy int]ag5cy task=ce to  
address increases 9 unemploym5t compos$ 
( ea* head ( an ag5cy :o is a memb] ( ! 
,presid5t's ,cab9et2  7#b7 ! ,comptroll]
 ,g5]al ( ! ,unit$ ,/ates %all-- 7,a7   
conduct a review ( ! activities ( ea*   
ag5cy2 &  7,b7 provide recomm5dations on
 h[ to alt] ^? activities to inc5tivize 
public & private sector employm5t2 &    
7#c7 ! ,director ( ! ,congressional     

,budget ,(fice %all assign a score to   
ea* bill or jo9t resolution = :i* !     
,director ( ! ,congressional ,budget    
,(fice prep>es a /atem5t "u section     
#dbd7;a7 ( ! ,congressional ,budget ,act
 ( #aigd 7#b ,u4,s4,c4 #feh;c7a77 dur+ t
 p]iod ) respect to anticipat$ employm5t
 impacts4  7d7 #i p]c5t unemploym5t     
,dur+ ! p]iod beg9n+ on ! date on :i* ! 
,secret>y ( ,labor det]m9es t ! rate (  
unemploym5t has exce$$ #i p]c5t dur+ #b 
consecutive qu>t]s & end+ on ! date on  
:i* ! ,secret>y ( ,labor det]m9es t !   
rate ( unemploym5t has be5 less ?an #i  
p]c5t = #b consecutive qu>t]s1 ! ,bo>d (
 ,gov]nors ( ! ,f$]al ,res]ve ,sy/em    
%all prioritize ! maximum employm5t     
m&ate ( ! ,f$]al ,res]ve ,sy/em 9 its   
activities4  4  #d4 ,work] ,adaptation &
 ,tra9+ ,program  7a7 ,def9itions ,9 ?is
 section3 7#a7 ,cov]$ work] ,! t]m cov]$
 work] means a work] :om ! ,secret>y    
det]m9es-- 7,a7 has atte/$ t-- 7i7 !    
work]'s employm5t 7or1 = a rec5t        
graduate1 _! plann$ employm5t7 has be5  

t]m9at$ or o!rwise impact$ by ! adoption
 ( cov]$ te*nology r ?an = cause2 &     
7ii7 7,i7 = a work] :o is n a rec5t     
graduate1 ! t]m9ation or impact occurr$ 
)9 ! #a-ye> p]iod end+ on ! date ( !    
det]m9ation "u ?is p>agraph2 or  7,,ii7 
! work] is a rec5t graduate z ( ! date (
 ! det]m9ation "u ?is p>agraph2 or  7,b7
 is employ$1 or o!rwise engag$ 9 labor  
or s]vices = remun]ation1 9 a position t
 is an at-risk occupation li/$ 9 ! mo/  
rec5tly publi%$ li/ "u section          
#g7;a77#b74  7#b7 ,employm5t ,! t]m     
employm5t includes engagem5t 9 labor or 
s]vices = remun]ation )\t reg>d to :e!r 
! individual p]=m+ ! labor or s]vices is
 an employee4  7#c7 ,9-dem& indu/ry     
sector or occupation ,! t]m 9-dem&      
indu/ry sector or occupation has ! mean+
 giv5 ! t]m 9 section #c ( ! ,work=ce   
,innovation & ,opportunity ,act 7#bi    
,u4,s4,c4 #cajb74  7#d7 ,in/itution (   
high] education ,! t]m in/itution (     
high] education has ! mean+ giv5 ! t]m 9
 section #ajb ( ! ,high] ,education ,act

 ( #aife 7#bj ,u4,s4,c4 #ajjb74  7#e7   
,local area2 local bo>d2 "o-/op op]ator 
,! t]ms local area1 local bo>d1 & "o-/op
 op]ator h ! mean+s giv5 su* t]ms 9     
section #c ( ! ,work=ce ,innovation &   
,opportunity ,act4  7#f7 ,rec5t graduate
 ,! t]m rec5t graduate means an         
individual :o has successfully complet$ 
all requirem5ts = a po/second>y degree1 
diploma1 c]tificate1 or recogniz$       
vocational or pr(essional tra9+ program 
at an in/itution ( high] education dur+ 
! prec$+ #a-ye> p]iod4  7#g7 ,regi/]$   
appr5tice%ip ,! t]m regi/]$ appr5tice%ip
 means an appr5tice%ip regi/]$ "u ! ,act
 ( ,augu/ #af1 #aicg 7commonly kn[n z ! 
,national ,appr5tice%ip ,act2 #ej ,/at4 
#ffd1 *apt] #ffc2 #bi ,u4,s4,c4 #ej et  
seq474  7#h7 ,secret>y ,! t]m ,secret>y 
means ! ,secret>y ( ,labor4  7#i7 ,/ate 
ag5cy ,! t]m ,/ate ag5cy has ! mean+    
giv5 ! t]m 9 section #b ( !             
,wagn]-,peys] ,act 7#bi ,u4,s4,c4       
#di;a74  7#aj7 ,/ate bo>d2 tra9+ s]vices
 ,! t]ms ,/ate bo>d & tra9+ s]vices h ! 

mean+s giv5 su* t]ms 9 section #c ( !   
,work=ce ,innovation & ,opportunity     
,act4  7#aa7 ,work] ,! t]m work]        
includes an employee1 an indep5d5t      
contractor1 a gig work]1 an unemploy$   
individual1 & a rec5t graduate4  7b7    
,g5]al au?ority  7#a7 ,9 g5]al ,!       
,secret>y ( ,labor %all e/abli% &       
adm9i/]1 )9 ! ,unit$ ,/ates ,employm5t  
,s]vice1 a ,work] ,adaptation & ,tra9+  
,program 7ref]r$ to 9 ?is section z !   
,program71 ?r\gh :i* ! ,secret>y %all   
provide ea* eligible work] z det]m9$ "u 
subsection 7d77#a7 p>ticipat+ 9 !       
,program ! s]vices & support describ$ 9 
subsection 7d77#c74  7#b7 ,adm9i/ration 
,9 adm9i/]+ ! ,program1 ! ,secret>y     
%all1 to ! maximum ext5t practicable &1 
z applicable1 ?r\gh agreem5ts ) ,/ate   
ag5cies1 ,/ate bo>ds1 local bo>ds1 &    
"o-/op op]ators1 deliv] su* s]vices &   
support ?r\gh exi/+ work=ce developm5t  
infra/ructure1 includ+ "o-/op deliv]y   
sy/ems "u section #aba ( ! ,work=ce     
,innovation & ,opportunity ,act 7#bi    

,u4,s4,c4 #caea7 & ,/ate employm5t      
s]vice (fices4  7c7 ,9-,dem& indu/ry    
sectors & occupations  7#a7 ,review ,9  
consultation ) ! ,assi/ant ,secret>y (  
,labor = ,employm5t & ,tra9+ & !        
,commission] ( ,labor ,/ati/ics1 !      
,secret>y %all--  7,a7 review ! 9-dem&  
indu/ry sectors & occupations specifi$ 9
 ,/ate plans "u section                 
#ajb7;b77#a77;,a77i7 ( ! ,work=ce       
,innovation & ,opportunity ,act 7#bi    
,u4,s4,c4 #caab7;b77#a77;,a77i772 &     
7,b7 actively monitor ! skill ne$s = su*
 sectors & occupations & correspond+    
relevant opportunities = tra9+ s]vices4 
7#b7  ,retra9+ projects  ,z a result ( !
 review "u p>agraph 7#a71 ! ,secret>y   
%all utilize available fund+ "u ?is ,act
 to create new1 or to exp& or supplem5t 
exi/+1 retra9+ projects ) tra9+ s]vices 
9 9-dem& indu/ry sectors or occupations1
 includ+ 9 v>i\s local areas1 to tra9   
p>ticipants 9 ! ,program = labor m>ket  
ne$s4  7#c7  ,directory  ,9 c>ry+ out   
?is section1 ! ,secret>y %all ma9ta9 a  

directory ( retra9+ projects describ$ 9 
?is subsection1 & actively "w to place  
p>ticipants 9 ! ,program 9 ^? projects4 
7#d7  ,collaboration  ,9 c>ry+ out ?is  
subsection1 ! ,secret>y %all collaborate
 ) labor-managem5t p>tn]%ips & labor    
organizations1 & assi/ 9 ! creation (   
su* p>tn]%ips & labor organization-run  
retra9+ projects1 includ+ regi/]$       
appr5tice%ips4  7d7 ,eligible work]s    
7#a7 ,applications ,to be eligible to   
p>ticipate 9 ! ,program1 a work] %all-- 
7,a7 be actively seek+ employm5t1 on !  
date on :i* ! work] submits an          
application "u subp>agraph 7,b72 &  7,b7
 submit an application to ! ,secret>y at
 su* "t1 9 su* mann]1 & conta9+ su*     
in=mation z ! ,secret>y may require1    
includ+-- 7i7 in=mation on _! "w        
exp]i5ce1 includ+ _! title1 job         
responsibilities1 & "w location1 on _!  
educational hi/ory1 & on _! dep5d5ts2 & 
7ii7 atte/ations t-- 7,i7 ! work] is a  
cov]$ work]2  7,,ii7 ! work] w be ei!r  
receiv+ tra9+ s]vices or actively seek+ 

employm5t :ile 9 ! ,program2 &  7,,iii7 
! work] is n receiv+ unemploym5t        
comp5sation "u ,f$]al or ,/ate law1 or w
 /op receiv+ su* comp5sation if accept$ 
to p>ticipate 9 ! ,program4  7#b7       
,decision on applications ,n lat] ?an   
#cj days aft] receiv+ an application "u 
p>agraph 7#a77;,b71 ! ,secret>y %all    
review1 & approve or d5y1 ! application4
  7#c7 ,s]vices & support ,a p>ticipant 
9 ! ,program %all receive-- 7,a7        
individual c>e] c\nsel+1 :i* may include
 /aff-assi/$ s]vices describ$ 9 section 
#feb4bjg7;b77#b77;iii7 ( title #bj1     
,code ( ,f$]al ,regulations1 & provid$  
"u section #g ( ! ,wagn]-,peys] ,act    
7#bi ,u4,s4,c4 #di;f72  7,b7 retra9+ 9  
an 9-dem& indu/ry sector or occupation  
?r\gh tra9+ s]vices 79 :i* ! p>ticipant 
may imm$iately enroll once approv$ =    
p>ticipation 9 ! ,program72  7,c7 if    
relocation is requir$ = p>ticipation 9 !
 ,program or = placem5t 9 qualifi$      
employm5t z describ$ 9 p>agraph         
7#e77;,a71 a "o-"t paym5t ( relocation  

assi/ance 9 an am\nt ( n m ?an #aj1jjj  
7:i* maximum am\nt %all be adju/$ ea*   
ye> = inflation beg9n+ #a ye> aft] !    
date ( enactm5t ( ?is ,act72  7,d7 :5 n 
plac$ 9 qualifi$ employm5t z describ$ 9 
p>agraph 7#e77;,a71 f9ancial assi/ance1 
to be kn[n z ,new ,f\ndations ,support  
,paym5ts1 :i* %all be made mon?ly & 9 an
 am\nt t1 calculat$ annually-- 7i7 9 !  
case ( a rec5t graduate1 %all be n m ?an
 ! ,/ate m$ian wage = ! ,/ate 9 :i* !   
p>ticipant resides2 &  7ii7 9 ! case ( a
 p>ticipant :o is n a rec5t graduate1   
%all be n m ?an #he p]c5t ( !           
p>ticipant's income 9 ! full cal5d> ye> 
prec$+-- 7,i7 9 ! case ( a work]        
describ$ 9 subsection                   
7a77#b77;,a77ii77,i71 ! date ( !        
t]m9ation or impact involv$2 or  7,,ii7 
9 ! case ( a work] describ$ 9 subsection
 7a77#b77;,b71 ! date on :i* ! work]    
applies = p>ticipation 9 ! ,program2    
7,e7 at ! option ( ! ,/ate 9 :i* !      
p>ticipant resides1 m$ical assi/ance = !
 p>ticipant & dep5d5ts ( ! p>ticipant "u

 ! ,/ate plan 7or a waiv] ( su* plan7 "u
 title ,,xix ( ! ,social ,security ,act 
7#db ,u4,s4,c4 #acif et seq471 9        
accordance ) ! am5dm5ts made by p>agraph
 7#d72  7,f7 if applicable1 wage        
replacem5t assi/ance 9 accordance )     
p>agraph 7#e77;,b72 &  7,g7 ongo+       
in=mation f ! ,secret>y on              
entrepr5eur%ip res\rces provid$ by !    
,small ,bus9ess ,adm9i/ration1 includ+  
in=mation relat$ to-- 7i7 ! loan & grant
 programs ( ! ,small ,bus9ess           
,adm9i/ration1 includ+ ! bus9ess loan & 
microloan programs "u subsections 7a7 & 
7m71 respectively1 ( section #g ( !     
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcf71 & applicable set-aside funds =   
p>ticipants 9 ! ,program2 &  7ii7       
assi/ance provid$ by res\rce p>tn]s ( ! 
,small ,bus9ess ,adm9i/ration1 includ+--
 7,i7 small bus9ess developm5t c5t]s    
describ$ 9 section #ba ( ! ,small       
,bus9ess ,act 7#ae ,u4,s4,c4 #fdh72     
7,,ii7 wom5's bus9ess c5t]s describ$ 9  
section #bi ( t ,act 7#ae ,u4,s4,c4     

#fef72  7,,iii7 ! ,s]vice ,corps (      
,retir$ ,executives "u section          
#h7;b77#a7 ( t ,act 7#ae ,u4,s4,c4      
#fcg7;b77#a772 &  7,,iv7 ! ,vet]an      
,bus9ess ,outrea* ,c5t]s describ$ 9     
section #cb ( t ,act 7#ae ,u4,s4,c4     
#feg;b74  7#d7 ,optional ,m$icaid       
cov]age = ,,watp p>ticipants & _!       
dep5d5ts  7,a7 ,9 g5]al ,section        
#aijb7;a77#aj77;,a77ii7 ( ! ,social     
,security ,act 7#db ,u4,s4,c4           
#acif;a7a77#aj77;,a77ii77 is am5d$-- 7i7
 9 subclause 7,,xxii71 by /rik+ or aft] 
! semicolon2  7ii7 9 subclause          
7,,xxiii71 by ins]t+ or aft] !          
semicolon2 &  7iii7 by ins]t+ aft]      
subclause 7,,xxiii7 ! foll[+3  7,,xxiv7 
:o are describ$ 9 subsection 7zz7       
7relat+ to p>ticipants 9 ! ,work]       
,adaptation & ,tra9+ ,program & _!      
dep5d5ts72  4  7,b7 ,gr\p describ$      
,section #aijb ( ! ,social ,security    
,act 7#db ,u4,s4,c4 #acif;a7 is am5d$ by
 add+ at ! end ! foll[+3  7zz7 ,,watp   
p>ticipants & dep5d5ts  7#a7 ,9 g5]al   

,individuals describ$ 9 ?is subsection  
are individuals :o-- 7,a7 are n describ$
 9 subsection 7a77#aj77;,a77i72  7,b7   
are p>ticipants 9 ! ,work] ,adaptation &
 ,tra9+ ,program e/abli%$ 9 section #d (
 ! ,,future ( ,work]s ,act :o1 subject  
to p>agraph 7#b71 h n be5 plac$ 9       
qualifi$ employm5t 7z describ$ 9 section
 #d7;d77#e77;,a7 ( su* ,act7 or are     
dep5d5ts ( su* p>ticipants2 &  7,c7 are 
n o!rwise cov]$ "u cr$itable cov]age1 z 
def9$ 9 section #bgjd7;c7 ( ! ,public   
,heal? ,s]vice ,act4  7#b7 ,ext5sion (  
eligibility = #f mon?s aft] placem5t 9  
qualifi$ employm5t ,an individual       
describ$ 9 p>agraph 7#a71 & any dep5d5t 
( su* an individual1 = :om a ,/ate has  
elect$ to provide m$ical assi/ance "u ! 
,/ate plan approv$ "u ?is title 7or a   
waiv] ( su* plan7 %all rema9 eligible = 
m$ical assi/ance dur+ ! #f-mon? p]iod t 
beg9s on ! date ! individual is plac$ 91
 & beg9s1 qualifi$ employm5t 7z describ$
 9 section #d7;d77#e77;,a7 ( ! ,,future 
( ,work]s ,act71 )\t any reapplication =

 b5efits "u ! ,/ate plan 7or waiv]74  4 
7,c7 ,exclusion f income limitation     
,section #aijc7;f77#d7 ( ! ,social      
,security ,act 7#db ,u4,s4,c4           
#acif;b7f77#d77 is am5d$ by ins]t+      
#aijb7;a77#aj77;,a77ii77,,xxiv71 aft]   
#aijb7;a77#aj77;,a77ii77,,xxii714  7,d7 
,def9ition ( m$ical assi/ance ,section  
#aije7;a7 ( ! ,social ,security ,act    
7#db ,u4,s4,c4 #acif;d7a77 is am5d$ 9 ! 
matt] prec$+ p>agraph 7#a7-- 7i7 9      
clause 7xvii71 by /rik+ or aft] su*     
subsection2  7ii7 9 clause 7xviii71 by  
ins]t+ or aft] age2  7iii7 by ins]t+    
aft] clause 7xviii7 ! foll[+3  7xiv7    
individuals describ$ 9 section          
#aijb7zz71  2 &  7iv7 by realign+ ! left
 m>g9s ( clauses 7xvi7 & 7xviii7 s !y   
align ) ! left m>g9 ( clause 7xvii74    
7,e7 ,presumptive eligibility option    
,section #aibj7;e7 ( su* ,act 7#db      
,u4,s4,c4 #acifr-#a7;e77 is am5d$ by    
/rik+ or clause 7ii77,,xx7 & ins]t+     
clause 7ii77,,xx71 or clause            
7ii77,,xxiv74  7#e7 ,wage replacem5t    

assi/ance  7,a7 ,qualifi$ employm5t ,=  
purposes ( ?is subp>agraph1 a p>ticipant
 or =m] p>ticipant ( ! ,program %all be 
consid]$ to be plac$ 9 qualifi$         
employm5t if-- 7i7 ! individual is a    
p>ticipant :o receives tra9+ s]vices    
?r\gh an employm5t position 9 !         
,program1 su* z a regi/]$ appr5tice%ip  
or on-!-job tra9+ position2 or  7ii7 !  
individual is a =m] p>ticipant :o1 aft] 
receiv+ tra9+ s]vices ?r\gh ! ,program t
 prep>e ! individual = a position 9 an  
9-dem& indu/ry sector or occupation1 is 
plac$ 9 su* a position4  7,b7 ,paym5ts  
7i7 ,9 g5]al ,except z provid$ 9 clause 
7ii71 9 ! case ( an individual :o is    
plac$ 9 qualifi$ employm5t z describ$ 9 
subp>agraph 7,a7 & is n a rec5t         
graduate1 ! ,secret>y %all pay to su*   
individual-- 7,i7 = ea* ( ! fir/ #c ye>s
 ( ! qualifi$ employm5t1 #ge p]c5t ( !  
diff]5ce betwe5-- 7aa7 ! wages receiv$  
by ! individual = ! position ( su*      
qualifi$ employm5t = su* ye>2 &  7bb7   
wages receiv$ by ! individual calculat$ 

= #a ye> bas$ on-- 7,,aa7 9 ! case ( a  
work] describ$ 9 subsection             
7a77#b77;,a77ii77,i71 ! annual rate (   
wages ( ! individual = ! position to :i*
 ! t]m9ation or impact involv$ applies z
 ( ! date ( su* t]m9ation or impact2 or 
7,,bb7 9 ! case ( a work] describ$ 9    
subsection 7a77#b77;,b71 ! annual rate (
 wages ( ! individual = ! position      
describ$ 9 su* subsection z ( ! date on 
:i* ! work] applies = p>ticipation 9 !  
,program2  7,,ii7 = ! f\r? ye> ( !      
qualifi$ employm5t1 #ej p]c5t ( su*     
diff]5ce2 &  7,,iii7 = ! fif? ye> ( !   
qualifi$ employm5t1 #be p]c5t ( su*     
diff]5ce4  7ii7 ,limitation ,no paym5t  
%all be made "u ?is subp>agraph to an   
individual = a ye> if1 = t ye>1 !       
individual receiv$ an am\nt 9 wages = ! 
position ( ! qualifi$ employm5t t is    
equal to or m ?an ! am\nt 9 wages       
receiv$ by ! individual calculat$ = #a  
ye> bas$ on-- 7,i7 9 ! case ( a work]   
describ$ 9 subsection                   
7a77#b77;,a77ii77,i71 ! annual rate (   

wages ( ! individual = ! position to :i*
 ! t]m9ation or impact involv$ applies z
 ( ! date ( su* t]m9ation or impact2 or 
7,,ii7 9 ! case ( a work] describ$ 9    
subsection 7a77#b77;,b71 ! annual rate (
 wages ( ! individual = ! position      
describ$ 9 su* subsection z ( ! date on 
:i* ! work] applies = p>ticipation 9 !  
,program4  7,c7 ,/ate or local gov]nm5t 
employ]s  7i7 ,9 g5]al ,if an individual
 describ$ 9 subp>agraph 7,a7 is plac$ 9 
qualifi$ employm5t ) a ,/ate or local   
gov]nm5t1 ! ,secret>y %all1 = a p]iod ( 
#e ye>s beg9n+ on ! date ( ! placem5t1  
pay to ! correspond+ gov]nm5t #be p]c5t 
( ! co/ ( _! wages & fr+e b5efits4  7ii7
 ,nondisplacem5t ,a ,/ate or local      
gov]nm5t %all n receive paym5ts "u      
clause 7i7 ) respect to an individual   
describ$ 9 subp>agraph 7,a7 plac$ 9     
qualifi$ employm5t ) ! ,/ate or local   
gov]nm5t if-- 7,i7 employ+ ! individual 
w result 9 ! lay(f or p>tial displacem5t
 7su* z a r$uction 9 h\rs1 wages1 or    
employm5t b5efits7 ( an exi/+ employee  

or position ( ! employ]2  7,,ii7 !      
individual w assume any ( ! duties or   
responsibilities ( an employee :o is    
p>ticipat+ 9 a /rike1 collective b>ga9+1
 or activities = repres5tation by a     
labor organization2  7,,iii7 employ+ !  
individual infr+es ^u ! promotional     
opportunities ( an exi/+ employee ( !   
employ]2 or  7,,iv7 ! individual w p]=m 
! same "w or sub/antially ! same "w z t 
p]=m$ by any employee :o has be5 laid (f
 or p>tially displac$ & has n receiv$ an
 (f] f ! employ] to be re/or$ to !      
position ! employee _h imm$iately prior 
to be+ laid (f or p>tially displac$4    
7,d7 ,collective b>ga9+ agreem5ts ,9 !  
case an individual describ$ 9           
subp>agraph 7,a7 is plac$ 9 qualifi$    
employm5t 9 position t is cov]$ by a    
collective b>ga9+ agreem5t1 no?+ 9 ?is  
section %all alt] ! applicability ( any 
wage or b5efit requirem5ts ( su*        
collective b>ga9+ agreem5t ) respect to 
su* position4  7#f7 ,p]iod ,except z    
provid$ 9 p>agraph 7#e71 a p>ticipant   

may p>ticipate 9 ! ,program1 & receive !
 s]vices & support describ$ 9 ?is       
subsection = a p>ticipant1 = n m ?an #c 
ye>s4  7#g7 ,loans & grants f ! ,small  
,bus9ess ,adm9i/ration ,= purposes (    
subp>agraphs 7,a7 & 7,b77ii77,,ii7 (    
p>agraph 7#a71 an individual :o receives
 a loan or grant f ! ,small ,bus9ess    
,adm9i/ration1 includ+ "u ! bus9ess loan
 & microloan programs e/abli%$ "u       
subsections 7a7 & 7m71 respectively1 (  
section #g ( ! ,small ,bus9ess ,act 7#ae
 ,u4,s4,c4 #fcf71 %all be deem$1 = !    
#a-ye> p]iod foll[+ ! receipt ( su* loan
 or grant1 to be actively seek+         
employm5t4  7e7 ,advisory ,committee    
7#a7 ,e/abli%m5t ,! ,secret>y %all      
e/abli% 9 ! ,dep>tm5t ( ,labor ! ,work] 
,adaptation & ,tra9+ ,advisory          
,committee 7ref]r$ to 9 ?is section z ! 
,committee74  7#b7 ,memb]%ip ,!         
,committee %all be compos$ (-- 7,a7 #c  
repres5tatives ( labor organizations1   
appo9t$ by ! ,secret>y2  7,b7 #b        
repres5tatives ( bus9esses1 ) managem5t 

au?ority1 appo9t$ by ! ,secret>y2  7,c7 
#b repres5tatives f ,/ate bo>ds or local
 bo>ds2  7,d7 ! ,director ( ! ,(fice (  
,p]sonnel ,managem5t2  7,e7 ! ,director 
( ! ,national ,in/itute ( ,/&>ds &      
,te*nology2 &  7,f7 ! ,director ( !     
,national ,sci5ce ,f\ndation4  7#c7     
,duties ,! ,committee %all make         
recomm5dations to ! ,secret>y on !      
placem5t ( work]s 9 retra9+ projects "u 
! ,program4  7#d7 ,p]sonnel matt]s  7,a7
 ,comp5sation ( memb]s ,except z provid$
 9 subp>agraph 7,b71 no memb] ( !       
,committee may be comp5sat$ = _! s]vice 
on ! ,committee4  7,b7 ,travel exp5ses  
,a memb] ( ! ,committee %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 
= ! ,committee4  7,c7 ,/aff  7i7 ,9     
g5]al ,! ,committee may1 )\t reg>d to ! 
civil s]vice laws 7includ+ regulations71

 appo9t & t]m9ate an executive director 
& su* o!r additional p]sonnel z may be  
necess>y to enable ! ,committee to p]=m 
its duties1 except t ! employm5t ( an   
executive director %all be subject to   
confirmation by ! ,committee4  7ii7     
,comp5sation ,! ,committee may fix !    
comp5sation ( ! executive director & o!r
 p]sonnel )\t reg>d to *apt] #ea &      
sub*apt] ,,iii ( *apt] #ec ( title #e1  
,unit$ ,/ates ,code1 relat+ to          
classification ( positions & ,g5]al     
,s*$ule pay rates1 except t ! rate ( pay
 = ! executive director & o!r p]sonnel  
may n exce$ ! rate payable = level ,v ( 
! ,executive ,s*$ule "u section #ecaf ( 
t title4  7#e7 ,p]man5t committee       
,section #ajac ( title #e1 ,unit$ ,/ates
 ,code1 %all n apply to ! ,committee4   
7f7 ,direct hire au?ority ,! ,secret>y  
may appo9t individuals to positions     
necess>y to adm9i/] ! ,program )\t reg>d
 to any ( sections #ccji ?r\gh #ccah (  
title #e1 ,unit$ ,/ates ,code4  7g7     
,/ate unemploym5t insurance records ,=  

purposes ( assi/+ 9 eligibility         
det]m9ations & calculat+ paym5ts "u ?is 
section1 ! ,secret>y %all obta9 & use   
qu>t]ly wage in=mation f ,/ate          
unemploym5t insurance wage records4  7h7
 ,metrics sy/em ,! ,secret>y %all       
e/abli% a metrics sy/em = measur+ !     
success ( ! ,program4  7i7 ,au?orization
 ( appropriations  7#a7 ,9 g5]al ,!re is
 au?oriz$ to be appropriat$ to c>ry out 
?is section #fj1jjj1jjj1jjj = ea* fiscal
 ye>4  7#b7 ,res]vation ,( ! am\nt      
appropriat$ "u p>agraph 7#a7 = a fiscal 
ye>1 ! ,secret>y %all res]ve n m ?an #e 
p]c5t to adm9i/] ! ,program1 includ+ =  
ent]+ into agreem5ts ) ,/ate ag5cies1   
,/ate bo>ds1 local bo>ds1 & "o-/op      
op]ators = intake1 c\nsel+1 & o!r       
s]vices & support "u ?is section4  7j7  
,am5dm5t to ,work=ce ,innovation &      
,opportunity ,act ,section              
#aba7;b77#a77;,b7 ( ! ,work=ce          
,innovation & ,opportunity ,act 7#bi    
,u4,s4,c4 #caea7;b77#a77;,b77 is am5d$--
 7#a7 9 clause 7xii71 by /rik+ 2 & &    

ins]t+ a semicolon2  7#b7 9 clause      
7xiii71 by /rik+ ! p]iod at ! end &     
ins]t+ 2 &2 &  7#c7 by add+ at ! end !  
foll[+3  7xiv7 s]vices & support provid$
 ?r\gh ! ,work] ,adaptation & ,tra9+    
,program "u section #d ( ! ,,future (   
,work]s ,act4  4  #e4 ,f$]al work=ce    
7a7 ,id5tification ( high-,dem& position
 classifications & occupational skill   
gaps ,n lat] ?an #abj days aft] ! date (
 enactm5t ( ?is ,act1 & annually        
!reaft]1 ! ,director ( ! ,(fice (       
,p]sonnel ,managem5t1 9 conjunction ) ! 
,secret>y ( ,labor1 %all id5tify        
high-dem& ,f$]al position               
classifications1 su* z te*nology        
s]vices1 & occupational skill gaps 9 !  
,f$]al work=ce 9 ord] to facilitate !   
placem5t ( p>ticipants 9 ! ,work]       
,adaptation & ,tra9+ ,program 9 civil   
s]vice positions4  7b7 ,assi/ance = job 
applicants ,! ,director ( ! ,(fice (    
,p]sonnel ,managem5t %all "w ) !        
,secret>y ( ,labor to assi/ p>ticipants 
9 ! ,work] ,adaptation & ,tra9+ ,program

 9 apply+ = civil s]vice positions4  #f4
 ,prioritization ( p>ticipants 9 small  
bus9ess programs  7a7 ,9 g5]al ,!       
,adm9i/rator ( ! ,small ,bus9ess        
,adm9i/ration %all prioritize           
p>ticipants 9 ! ,work] ,adaptation &    
,tra9+ ,program :5 consid]+ applications
 = loans & grants f ! ,adm9i/ration1    
includ+ "u ! bus9ess loan & microloan   
programs e/abli%$ "u subsections 7a7 &  
7m71 respectively1 ( section #g ( !     
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcf74  7b7 ,set-,aside ,9 ea* fiscal   
ye>1 ! ,adm9i/rator ( ! ,small ,bus9ess 
,adm9i/ration %all set aside #a4e p]c5t 
( am\nts appropriat$ to c>ry out !      
bus9ess loan program "u section #g7;a7 (
 ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4  
#fcf7;a77 to provide assi/ance to       
p>ticipants 9 ! ,work] ,adaptation &    
,tra9+ ,program4  #g4 ,cov]$ te*nology  
impact reports  7a7 ,9 g5]al ,n lat] ?an
 #a ye> aft] ! date ( enactm5t ( ?is    
,act1 & annually !reaft]1 ! ,commission]
 ( ,labor ,/ati/ics1 9 consultation ) ! 

,assi/ant ,secret>y ( ,labor =          
,employm5t & ,tra9+1 ! ,director ( !    
,national ,in/itute ( ,/&>ds &          
,te*nology1 ! ,director ( ! ,national   
,sci5ce ,f\ndation1 & ! ,director ( !   
,bureau ( ,economic ,analysis1 %all     
publi%1 & submit to ,congress1 a report 
reg>d+ ! adoption ( cov]$ te*nology1    
includ+-- 7#a7 occupational employm5t   
tr5ds1 z det]m9$ by ! ,commission] (    
,labor ,/ati/ics2  7#b7 a li/ ( at-risk 
occupations1 z det]m9$ by ! ,commission]
 ( ,labor ,/ati/ics1 organiz$ by risk   
level categories reflect+ ne>-t]m1      
mid-t]m1 & long-t]m projections2  7#c7 a
 li/ ( demographics mo/ likely to be    
impact$ by ! adoption ( cov]$ te*nology1
 z det]m9$ by ! ,commission] ( ,labor   
,/ati/ics1 includ+ demographics )       
respect to protect$ classes1 educational
 level ( atta9m5t1 geographic location1 
& e>n+s2  7#d7 in=mation on consequ5ces 
( job displacem5t due to ! adoption (   
cov]$ te*nology1 z det]m9$ by !         
,commission] ( ,labor ,/ati/ics1 includ+

 on-- 7,a7 employm5t /atus or retra9+   
aft] su* displacem5t2 &  7,b7 *anges 9  
position1 field ( "w1 or e>n+s aft] su* 
displacem5t2  7#e7 in=mation on         
anticipat$ advancem5ts 9 te*nology      
adoption t may %ape employm5t & hir+    
tr5ds2  7#f7 a li/ ( ! fa/e/-gr[+       
occupations 9 ! ,unit$ ,/ates dur+ !    
prec$+ ye> t are-- 7,a7 resili5t to     
displacem5t or r$uc$ "w opportunities z 
a result ( ! adoption ( cov]$ te*nology2
 &  7,b7 relevant to ! national &       
te*nological competitiv5ess ( ! ,unit$  
,/ates2 &  7#g7 recomm5dations = actions
 to be tak5 by ,congress to bett] in=m  
work=ce developm5t & employm5t policies1
 includ+ = purposes ( id5tify+-- 7,a7 "w
 skills & occupations t are resili5t    
aga9/ ! negative impacts ( ! adoption ( 
cov]$ te*nology2  7,b7 be/ practices =  
skills tra9+ ef=ts & initiatives by     
employ]s t enable work]s to successfully
 transition to new positions )9         
workplaces2  7,c7 be/ practices = skills
 tra9+ ef=ts & initiatives t enable     

work]s to successfully transition to new
 positions foll[+ a lay(f f a prior     
position2 &  7,d7 be/ practices =       
mitigat+ displacem5t-relat$ h>d%ips on  
work]s4  7b7 ,def9itions ,9 ?is section3
 7#a7 ,at-risk occupation ,! t]m at-risk
 occupation means a category ( jobs or  
pr(essions t is consid]$ highly         
susceptible to displacem5t by ! adoption
 ( cov]$ te*nology4  7#b7 ,protect$     
class ,! t]m protect$ class means a gr\p
 ( individuals %>+ a common *>act]i/ic  
or id5tity :o are legally protect$ aga9/
 discrim9ation "u-- 7,a7 title ,,vii ( !
 ,civil ,rights ,act ( #aifd 7#db       
,u4,s4,c4 #bjjj;e et seq472  7,b7 title 
,i ( ! ,am]icans ) ,disabilities ,act ( 
#aiij 7#db ,u4,s4,c4 #abaaa et seq472 or
  7,c7 ! ,age ,discrim9ation 9          
,employm5t ,act ( #aifg 7#bi ,u4,s4,c4  
#fba et seq474  #h4 ,expansion ( ,,w>n  
,act notices  7a7 ,cont5ts ( notice (   
plant clos+ or mass lay(f ,section #c ( 
! ,work] ,adju/m5t & ,retra9+           
,notification ,act 7#bi ,u4,s4,c4 #bajb7

 is am5d$ by add+ at ! end ! foll[+3    
7e7 ,cont5ts ( notice ,! writt5 notice  
"u subsection 7a7 %all-- 7#a7 disclose  
:e!r ! plant clos+ or mass lay(f is     
sub/antially due to ! adoption ( cov]$  
te*nology 7z def9$ 9 section #b ( !     
,,future ( ,work]s ,act72 &  7#b7       
include in=mation on employee retra9+1  
unemploym5t res\rces1 & transition      
res\rces1 includ+ support & s]vices     
?r\gh ! ,work] ,adaptation & ,tra9+     
,program "u section #d ( su* ,act4  4   
7b7 ,increase 9 notification p]iod ,!   
,work] ,adju/m5t & ,retra9+             
,notification ,act 7#bi ,u4,s4,c4 #baja 
et seq47 is am5d$-- 7#a7 9 section #c   
7#bi ,u4,s4,c4 #bajb7-- 7,a7 9          
subsection 7a71 by /rik+ #fj-;day &     
ins]t+ #abj-;day2 &  7,b7 9 subsection  
7b7-- 7i7 9 p>agraph 7#a71 by /rik+     
#fj-;day & ins]t+ #abj-;day2 &  7ii7 9  
p>agraph 7#b77;,a71 by /rik+ #fj-;day & 
ins]t+ #abj-;day2 &  7#b7 9 section     
#e7;a77#a7 7#bi ,u4,s4,c4               
#bajd7;a77#a771 9 ! matt] foll[+        

subp>agraph 7,b71 by /rik+ #fj days &   
ins]t+ #abj days4  7c7 ,applicability ,!
 am5dm5ts made by ?is section %all apply
 ) respect to any plant clos+ or mass   
lay(f t occurs #ahj days aft] ! date (  
enactm5t ( ?is ,act4  #i4               
,employ]-provid$ upskill+ cr$it  7a7 ,9 
g5]al  7#a7 ,det]m9ation ( cr$it ,subp>t
 ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a (
 ! ,int]nal ,rev5ue ,code ( #aihf is    
am5d$ by add+ at ! end ! foll[+ new     
section3  #de;,,bb4 ,employee upskill+  
cr$it  7a7 ,9 g5]al ,= purposes (       
section #ch1 ! employee upskill+ cr$it  
det]m9$ "u ?is section = any taxable ye>
 is an am\nt equal to #be p]c5t (       
qualifi$ tra9+ exp5ditures = ! taxable  
ye>4  7b7 ,qualifi$ tra9+ exp5ditures   
7#a7 ,9 g5]al ,! t]m qualifi$ tra9+     
exp5ditures means any am\nt paid or     
incurr$ by ! taxpay] = ! qualifi$ tra9+ 
( any employee work+ 9 an at-risk       
occupation to transition !m to ano!r    
occupation4  7#b7 ,exclusion ,! t]m     
qualifi$ tra9+ exp5ditures %all n       

include any am\nt paid or incurr$ =     
meals1 lodg+1 transportation1 or any o!r
 s]vices :i* are incid5tal to qualifi$  
tra9+4  7c7 ,o!r def9itions ,9 ?is      
section-- 7#a7 ,at-risk occupation ,!   
t]m at-risk occupation means an         
occupation li/$ 9 ! mo/ rec5tly publi%$ 
li/ "u section #g7;a77#b7 ( ! ,,future (
 ,work]s ,act4  7#b7 ,qualifi$ tra9+    
7,a7 ,9 g5]al ,9 ?is section1 ! t]m     
qualifi$ tra9+ means tra9+ :i* results 9
 ! atta9m5t ( a recogniz$ po/second>y   
cr$5tial & :i* is provid$ ?r\gh-- 7i7 a 
regi/]$ appr5tice%ip1  7ii7 a program ( 
tra9+ s]vices :i* is on a ,/ate li/     
e/abli%$ "u section #abb7;d7 ( !        
,work=ce ,innovation & ,opportunity ,act
 7#bi ,u4,s4,c4 #caeb7;d771  7iii7 a    
program :i* is conduct$ by an area c>e] 
& te*nical education s*ool1 a community 
college1 or a labor organization1 or    
7iv7 a program :i* is sponsor$ &        
adm9i/]$ by an employ]1 indu/ry trade   
association1 indu/ry or sector p>tn]%ip1
 or labor organization4  7,b7 ,relat$   

def9itions ,= purposes ( subp>agraph    
7,a73 7i7 ,area c>e] & te*nical         
education s*ool ,! t]m area c>e] &      
te*nical education s*ool means su* a    
s*ool1 z def9$ 9 section #c ( ! ,c>l ,d4
 ,p]k9s ,c>e] & ,te*nical ,education    
,act ( #bjjf 7#bj ,u4,s4,c4 #bcjb71 :i* 
p>ticipates 9 a program "u t ,act 7#bj  
,u4,s4,c4 #bcja et seq474  7ii7         
,community college ,! t]m community     
college has ! mean+ giv5 ! t]m 9 section
 #ejjb ( ! ,national ,artificial        
,intellig5ce ,initiative ,act ( #bjbj   
7#ae ,u4,s4,c4 #idja74  7iii7 ,indu/ry  
or sector p>tn]%ip ,! t]m indu/ry or    
sector p>tn]%ip has ! mean+ giv5 su* t]m
 9 section #c ( ! ,work=ce ,innovation &
 ,opportunity ,act 7#bi ,u4,s4,c4       
#cajb74  7iv7 ,indu/ry trade association
 ,! t]m indu/ry trade association means 
an organization :i*-- 7,i7 is describ$ 9
 p>agraph 7#c7 or 7#f7 ( section        
#eja7;c7 ( ! ,int]nal ,rev5ue ,code (   
#aihf & exempt f taxation "u section    
#eja7;a7 ( su* ,code1 &  7,,ii7 is      

repres5t+ an indu/ry4  7v7 ,labor       
organization ,! t]m labor organization  
means a labor organization1 )9 ! mean+ (
 ! t]m 9 section #eja7;c77#e7 ( !       
,int]nal ,rev5ue ,code ( #aihf4  7vi7   
,recogniz$ po/second>y cr$5tial ,! t]m  
recogniz$ po/second>y cr$5tial means a  
cr$5tial consi/+ ( an indu/ry-recogniz$ 
c]tificate or c]tification1 a c]tificate
 ( completion ( a regi/]$ appr5tice%ip1 
a lic5se recogniz$ by ! ,/ate involv$ or
 ,f$]al ,gov]nm5t1 or an associate or   
baccalaureate degree4  7vii7 ,regi/]$   
appr5tice%ip ,! t]m regi/]$ appr5tice%ip
 means an appr5tice%ip regi/]$ "u ! ,act
 ( ,augu/ #af1 #aicg 7commonly kn[n z ! 
,national ,appr5tice%ip ,act2 #ej ,/at4 
#ffd1 *apt] #ffc2 #bi ,u4,s4,c4 #ej et  
seq474  4  7#b7 ,cr$it "p ( g5]al       
bus9ess cr$it ,section #ch7;b7 ( !      
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ plus at ! end ( p>agraph 7#dj71
 by /rik+ ! p]iod at ! end ( p>agraph   
7#da7 & ins]t+ 1 plus1 & by add+ at !   
end ! foll[+ new p>agraph3  7#db7 !     

employee upskill+ cr$it det]m9$ "u      
section #de;,,bb7a74  4  7#c7 ,cl]ical  
am5dm5t ,! table ( sections = subp>t ,d 
( "p ,,iv ( sub*apt] ,a ( *apt] #a ( !  
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by add+ at ! end ! foll[+ new item3     
,sec4 #de;,,bb4 ,employee upskill+      
cr$it4  4  7b7 ,cr$it all[$ aga9/       
alt]native m9imum tax ,subp>agraph 7,b7 
( section #ch7;c77#d7 ( ! ,int]nal      
,rev5ue ,code ( #aihf is am5d$-- 7#a7 by
 r$esignat+ clauses 7x71 7xi71 & 7xii7 z
 clauses 7xi71 7xii71 & 7xiii71         
respectively1 &  7#b7 by ins]t+ aft]    
clause 7ix7 ! foll[+ new clause3  7x7 ! 
cr$it det]m9$ "u section #de;,,bb )     
respect to an eligible small bus9ess 7z 
def9$ 9 p>agraph 7#e77;,a71 aft]        
application ( rules simil> to ! rules ( 
p>agraph 7#e77;,b771  4  7c7            
,regulations relat+ to po/second>y      
cr$5tials ,n lat] ?an #a ye> aft] ! date
 ( enactm5t ( ?is ,act-- 7#a7 !         
,secret>y ( ,labor1 9 consultation ) !  
,secret>y ( ! ,treasury1 %all issue     

regulations or o!r guidance apply+ !    
def9ition ( ! t]m recogniz$ po/second>y 
cr$5tial z provid$ 9 section #c ( !     
,work=ce ,innovation & ,opportunity ,act
 7#bi ,u4,s4,c4 #cajb72 &  7#b7 !       
,secret>y ( ! ,treasury1 9 consultation 
) ! ,secret>y ( ,labor1 %all issue      
regulations or o!r guidance apply+ !    
def9ition ( ! t]m recogniz$ po/second>y 
cr$5tial z provid$ 9 section            
#de;,,bb7c77#b77;,b7 ( ! ,int]nal       
,rev5ue ,code ( #aihf4  7d7 ,effective  
date ,! am5dm5ts made by ?is section    
%all apply to taxable ye>s beg9n+ aft] !
 date ( enactm5t ( ?is ,act4  #aj4      
,workplace developm5t mod]nization  7a7 
,9 g5]al ,! ,secret>y ( ,labor %all--   
7#a7 to ! ext5t feasible1 provide       
virtual opportunities = individuals to  
p>ticipate onl9e 9 work=ce tra9+        
programs ( ! ,dep>tm5t ( ,labor 9 ord]  
to exp& ! rea* ( res\rces provid$ by su*
 programs2 &  7#b7 9 conjunction ) !    
,secret>y ( ,comm]ce & indu/ry &        
nonpr(it gr\ps det]m9$ relevant by !    

,secret>y ( ,labor1 provide additional  
onl9e res\rces = job seek]s t are       
available on ! website ( ! ,dep>tm5t (  
,labor4  7b7 ,rule ( con/ruction ,no?+ 9
 ?is section %all affect any regulatory 
requirem5t pursuant to ! ,wagn]-,peys]  
,act 7#bi ,u4,s4,c4 #di et seq47        
address+ ! provision ( employm5t s]vices
 by employees "u a m]it sy/em4  #aa4    
,excise tax on artificial intellig5ce   
s]vices2 work] adaptation tru/ fund  7a7
 ,excise tax ,subtitle ,d ( ! ,int]nal  
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new *apt]3  #ej;,b    
,artificial intellig5ce s]vices  ,sec4  
#ejjj;,e4 ,tax on artificial intellig5ce
 s]vices4  #ejjj;,e4 ,tax on artificial 
intellig5ce s]vices  7a7 ,imposition (  
tax ,9 ! case ( a cov]$ p]son1 !re is   
impos$ a tax = ea* cal5d> ye> 9 an am\nt
 equal to ! sum (-- 7#a7 #d p]c5t ( s   
mu* ( ! ,unit$ ,/ates ,,ai receipts (   
su* p]son = su* cal5d> ye> z exce$s     
#ej1jjj1jjj b does n exce$ #ejj1jjj1jjj1
  7#b7 #f p]c5t ( s mu* ( su* receipts z

 exce$s #ejj1jjj1jjj b does n exce$     
#e1jjj1jjj1jjj1 plus  7#c7 #h p]c5t ( s 
mu* ( su* receipts z exce$s             
#e1jjj1jjj1jjj4  7b7 ,phase-,9 ,9 ! case
 ( ! fir/ cal5d> ye> beg9n+ aft] ! date 
( ! enactm5t ( ?is section1 subsection  
7a7 %all be appli$ by sub/itut+ #b      
p]c5t1 #c p]c5t1 & #d p]c5t = #d p]c5t1 
#f p]c5t1 & #h p]c5t1 respectively4  7c7
 ,def9itions ,= purposes ( ?is section--
 7#a7 ,cov]$ artificial intellig5ce     
model ,! t]m cov]$ artificial           
intellig5ce model means a model develop$
 ?r\gh artificial intellig5ce 7z def9$ 9
 section #ejjb ( ! ,national ,artificial
 ,intellig5ce ,initiative ,act ( #bjbj  
7#ae ,u4,s4,c4 #idja77 & tra9$ us+ a    
quantity ( comput+ p[] great] ?an or    
equal to #aj integ] or float+-po9t      
op]ations1 z adju/$ annually by !       
,secret>y1 9 coord9ation ) ! ,secret>y (
 ,comm]ce1 to reflect *anges 9 !        
effici5cy ( tra9+ me?ods4 ,su* t]m      
includes any model ! ,secret>y det]m9es 
demon/rates capabilities sub/antially   

equival5t to models o!rwise describ$ 9  
?is p>agraph4  7#b7 ,cov]$ p]son ,! t]m 
cov]$ p]son means any p]son engag$ 9 a  
trade or bus9ess ( provid+ qualify+     
artificial intellig5ce s]vices to ,unit$
 ,/ates cu/om]s1 det]m9$ )\t reg>d to ! 
place ( organization1 incorporation1    
resid5ce1 or managem5t ( su* p]son4 ,all
 p]sons treat$ z a s+le employ] "u      
subsection 7a7 or 7b7 ( section #eb %all
 be treat$ z #a p]son = purposes ( ?is  
section4  7#c7 ,qualify+ artificial     
intellig5ce s]vices ,! t]m qualify+     
artificial intellig5ce s]vices means--  
7,a7 provid+ access to a cov]$          
artificial intellig5ce model1 includ+   
?r\gh an application programm+ int]face 
or a paid subscription1  7,b7 lic5s+1   
deploy+1 ho/+1 integrat+1 or op]at+ a   
cov]$ artificial intellig5ce model =1 or
 on behalf (1 ano!r p]son1 &  7,c7 any  
o!r s]vice ! comm]cial value ( :i* is   
sub/antially attributable to a cov]$    
artificial intellig5ce model1 z det]m9$ 
by ! ,secret>y1 except t su* t]m %all n 

include any s]vice ) respect to :i*     
functionality attributable to a cov]$   
artificial intellig5ce model is         
incid5tal to ! prim>y value ( ! (f]+4   
7#d7 ,unit$ ,/ates ,,ai receipts  7,a7  
,9 g5]al ,! t]m ,unit$ ,/ates ,,ai      
receipts means gross receipts d]iv$ f   
qualify+ artificial intellig5ce s]vices 
provid$ to ,unit$ ,/ates cu/om]s1 r$uc$ 
by am\nts paid or incurr$ to ano!r cov]$
 p]son ) ,unit$ ,/ates ,,ai receipts 9  
excess ( #ej1jjj1jjj = qualify+         
artificial intellig5ce s]vices resold1  
or incorporat$ into qualify+ artificial 
intellig5ce s]vices provid$1 to ,unit$  
,/ates cu/om]s4  7,b7 ,exception ,! t]m 
,unit$ ,/ates ,,ai receipts %all n      
include am\nts receiv$ "u a contract ) !
 ,f$]al ,gov]nm5t = ! provision (       
qualify+ artificial intellig5ce s]vices 
to ! ,f$]al ,gov]nm5t4  7#e7 ,unit$     
,/ates cu/om] ,! t]m ,unit$ ,/ates      
cu/om] means any p]son ) respect to :i* 
! s]vice involv$ is prim>ily us$ or     
consum$ 9 ! ,unit$ ,/ates1 z det]m9$ "u 

regulations or o!r guidance prescrib$ by
 ! ,secret>y4  7d7 ,exemption ,no tax   
%all be impos$ "u ?is section on-- 7#a7 
any organization exempt f tax "u section
 #eja7;a71 or  7#b7 any in/itution (    
high] education 7z def9$ 9 section #aja 
or #ajb ( ! ,high] ,education ,act (    
#aife 7#bj ,u4,s4,c4 #ajja1 #ajjb774    
7e7 ,paym5t2 returns ,! tax impos$ by   
subsection 7a7 %all be paid 9 qu>t]ly   
in/allm5ts at su* times1 & report$ on   
su* returns & 9 su* mann]1 z ! ,secret>y
 %all prescribe4 ,no return %all be     
requir$ ( any cov]$ p]son ) no liability
 "u subsection 7a7 = ! cal5d> ye>4  7f7 
,regulations ,! ,secret>y %all prescribe
 su* regulations & o!r guidance z may be
 necess>y to c>ry out ?is section1      
includ+ regulations provid+ =-- 7#a7 !  
allocation ( ! tax impos$ by subsection 
7a7 among p]sons treat$ z #a p]son "u   
subsection 7c77#b71  7#b7 ! attribution 
( gross receipts 9 ! case ( (f]+s ) bo? 
qualify+ & non-qualify+ compon5ts1 &    
7#c7 ! prev5tion ( avoidance ( ?is      

section ?r\gh ! fragm5tation (          
activities1 ! re/ructur+ ( cu/om]       
arrangem5ts1 or ! mis*>act]ization (    
receipts4  4  7b7 ,d5ial ( d$uction     
,section #bge7;a7 ( ! ,int]nal ,rev5ue  
,code ( #aihf is am5d$ by ins]t+ aft]   
p>agraph 7#f7 ! foll[+ new p>agraph3    
7#g7 ,taxes impos$ by *apt] #ej;,b4  4  
7c7 ,work] adaptation tru/ fund         
,sub*apt] ,a ( *apt] #ih ( ! ,int]nal   
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new section3  #ieab4  
,work] adaptation tru/ fund  7a7        
,creation ( tru/ fund ,!re is e/abli%$ 9
 ! ,treasury ( ! ,unit$ ,/ates a tru/   
fund to be kn[n z ! ,work] ,adaptation  
,tru/ ,fund1 consi/+ ( su* am\nts z may 
be appropriat$ or cr$it$ to su* ,tru/   
,fund z provid$ 9 ?is section or section
 #ifjb7;b74  7b7 ,transf]s to tru/ fund 
,!re are h]eby appropriat$ to ! ,work]  
,adaptation ,tru/ ,fund am\nts equival5t
 to ! taxes receiv$ 9 ! ,treasury "u    
section #ejjj;,e4  7c7 ,exp5ditures     
,am\nts 9 ! ,work] ,adaptation ,tru/    

,fund %all be available1 z provid$ 9    
appropriation ,acts-- 7#a7 to c>ry out !
 ,work] ,adaptation & ,tra9+ ,program   
e/abli%$ "u section #d ( ! ,,future (   
,work]s ,act1 &  7#b7 to ! ext5t am\nts 
9 ! ,tru/ ,fund = a fiscal ye> exce$ !  
am\nts necess>y = ! purpose describ$ 9  
p>agraph 7#a7 = su* fiscal ye>1 =       
supplem5tal *ild c>e1 eld] c>e1 &       
work=ce developm5t programs s]v+        
populations affect$ by automation       
te*nologies or artificial intellig5ce4  
4  7d7 ,cl]ical am5dm5ts  7#a7 ,! table 
( *apt]s = subtitle ,d ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new item3 ,*apt]      
#ej;,b--,artificial intellig5ce s]vices4
  7#b7 ,! table ( sections = sub*apt] ,a
 ( *apt] #ih ( su* ,code is am5d$ by    
add+ at ! end ! foll[+ new item3 ,sec4  
#ieab4 ,work] adaptation tru/ fund4  7e7
 ,effective date ,! am5dm5ts made by ?is
 section %all apply to cal5d> ye>s      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  #ab4 ,work] adaptation           

contributions2 excess displacem5t       
acc\ntability  7a7 ,work] adaptation    
contributions ,subtitle ,c ( ! ,int]nal 
,rev5ue ,code ( #aihf is am5d$ by ins]t+
 aft] *apt] #bc;,a ! foll[+ new *apt]3  
#bc;,b ,work] adaptation contributions  
,sec4 #ccbd4 ,work] adaptation          
contribution4  #ccbd4 ,work] adaptation 
contribution  7a7 ,imposition ,!re is   
h]eby impos$ on e cov]$ employ] = ea*   
cal5d> qu>t] a contribution equal to !  
product (-- 7#a7 ! applicable           
contribution rate ( su* employ] = su*   
qu>t]1 &  7#b7 ! total wages paid by su*
 employ] dur+ su* qu>t] ) respect to    
employm5t )9 ! ,unit$ ,/ates4  7b7      
,applicable contribution rate ,=        
purposes ( ?is section-- 7#a7 ,9 g5]al  
,! applicable contribution rate ( a     
cov]$ employ] = ea* cal5d> qu>t] ( a    
cal5d> ye> is ! displacem5t ratio ( su* 
employ] = ! computation p]iod applicable
 to su* cal5d> ye>1 r\nd$ to ! ne>e/    
#a_/aj ( #a p]c5t1 except t su* rate    
%all n exce$ ! maximum rate4  7#b7      

,displacem5t ratio ,! t]m displacem5t   
ratio means1 ) respect to an employ] =  
any p]iod1 ! ratio (-- 7,a7 ! aggregate 
am\nts *>g$ to su* employ] "u subsection
 7d7 = su* p]iod1 to  7,b7 ! total wages
 paid by su* employ] dur+ su* p]iod4    
7#c7 ,computation p]iod ,! t]m          
computation p]iod means1 ) respect to   
any cal5d> ye>1 ! #ab-;cal5d>-qu>t]     
p]iod end+ on ,june #cj ( ! prec$+      
cal5d> ye>4  7#d7 ,maximum rate ,! t]m  
maximum rate means #b p]c5t4  7#e7      
,employ]s )\t *>geable exp]i5ce ,!      
applicable contribution rate ( a cov]$  
employ] to :i* no am\nt has be5 *>g$ "u 
subsection 7d7 = ! computation p]iod    
%all be z]o4  7#f7 ,notice ( rates ,n   
lat] ?an ,octob] #ae ( ea* cal5d> ye>1 !
 ,secret>y %all notify ea* cov]$ employ]
 ( ! applicable contribution rate ( su* 
employ] = ! foll[+ cal5d> ye>4  7c7     
,def9itions ,= purposes ( ?is *apt]--   
7#a7 ,cov]$ employ] ,! t]m cov]$ employ]
 means any employ] o!r ?an a small      
bus9ess conc]n1 z def9$ 9 section       

#ejjj;,f7h74  7#b7 ,cov]$ work] ,! t]m  
cov]$ work] means a cov]$ work] 7z def9$
 9 section #d7;a7 ( ! ,,future ( ,work]s
 ,act7 :o is describ$ 9 p>agraph        
7#b77;,a77ii77,i7 ( su* section & 0     
t]m9at$ z describ$ 9 su* p>agraph by a  
cov]$ employ]4  7#c7 ,employ]2 employm5t
 ,! respective mean+ ( ! t]ms employ] & 
employm5t %all be det]m9$ "u rules      
simil> to ! rules ( section #caba4  7#d7
 ,responsible employ] ,! t]m responsible
 employ] means ! cov]$ employ] t t]m9at$
 a cov]$ work] z describ$ 9 section     
#d7;a77#b77;,a77ii77,i7 ( ! ,,future (  
,work]s ,act1 z id5tifi$ 9 ! work]'s    
atte/ation "u section #d7;a77#b77;,a7 ( 
! ,,future ( ,work]s ,act & v]ifi$ 9 su*
 mann] z ! ,secret>y ( ,labor %all      
prescribe4  7#e7 ,wages ,! t]m wages has
 ! mean+ giv5 su* t]m by section        
#caba7;a71 det]m9$ )\t reg>d to any     
doll> limitation on ! am\nt (           
remun]ation treat$ z wages4  7d7 ,*>g+  
7#a7 ,9 g5]al ,!re %all be *>g$ to ea*  
responsible employ] ! co/s ( ! b5efits &

 s]vices provid$ "u section #d ( !      
,,future ( ,work]s ,act to ea* cov]$    
work]1 ) respect to ! responsible       
employ]1 det]m9$ eligible = su* b5efits 
& s]vices "u su* section1 z c]tifi$ by !
 ,secret>y ( ,labor to ! ,secret>y at   
su* times & 9 su* mann] z su*           
,secret>ies %all jo9tly prescribe4  7#b7
 ,non*>g+ ,no am\nt %all be *>g$ "u ?is 
subsection ) respect to a t]m9ation--   
7,a7 attributable to ! sale or          
dive/iture ( a trade or bus9ess 7or a   
sub/antial portion !re(71 except z      
provid$ by ! ,secret>y ( ,labor to      
prev5t ! avoidance ( ?is section1  7,b7 
occurr+ :ile ! employ] is a debtor 9 a  
case "u title #aa1 ,unit$ ,/ates ,code1 
or  7,c7 attributable to natural disa/] 
or su* o!r circum/ances beyond ! control
 ( ! employ] z ! ,secret>y ( ,labor may 
prescribe4  7#c7 ,notice & opportunity  
to conte/ ,! ,secret>y ( ,labor %all    
provide ea* responsible employ] notice (
 ea* *>ge propos$ "u ?is subsection & an
 opportunity to conte/1 9 su* mann] & )9

 su* "t z ! ,secret>y ( ,labor %all     
prescribe1 :e!r ! t]m9ation involv$ is  
*>geable to su* employ]1 includ+ on !   
gr\nd t ! t]m9ation 0 n attributable to 
cov]$ te*nology z def9$ 9 section #b ( !
 ,,future ( ,work]s ,act or t ! work] 0 
n t]m9at$ f su* employ]4 ,any *>ge n    
successfully conte/$ %all be f9al =     
purposes ( ?is section4  7#d7 ,qu>t]ly  
/atem5ts ( *>ges ,! ,secret>y ( ,labor  
%all provide to ea* responsible employ]1
 n lat] ?an #de days aft] ! close ( ea* 
cal5d> qu>t]1 a /atem5t ( ! am\nts *>g$ 
to su* employ] "u ?is subsection = su*  
qu>t]4  7e7 ,protection ( work]s ,no    
det]m9ation ) respect to ! eligibility (
 any work] =1 or ! am\nt or tim+ (1 any 
b5efit or s]vice "u section #d ( !      
,,future ( ,work]s ,act %all be delay$1 
condition$1 or r$uc$ by reason ( any    
dispute or conte/ conc]n+ ! *>g+ ( co/s 
"u ?is section1 & ! resolution ( any su*
 dispute or conte/ %all affect only !   
*>g+ ( co/s to ! responsible employ] & n
 ! entitlem5t ( any work] to any su*    

b5efit or s]vice4  7f7 ,successor%ip2   
anti-,manipulation  7#a7 ,transf] (     
exp]i5ce ,if an employ] transf]s its    
trade or bus9ess 7or a portion !re(7 to 
ano!r p]son1 & !re is sub/antially      
common own]%ip1 managem5t1 or control ( 
! transf]or & transf]ee1 ! *>g+ exp]i5ce
 & wage hi/ory attributable to !        
transf]r$ trade or bus9ess %all be      
transf]r$ to ! transf]ee4 ,9 any o!r    
transf] ( a trade or bus9ess1 su*       
exp]i5ce & hi/ory %all be transf]r$ to !
 ext5t provid$ by ! ,secret>y4  7#b7    
,prohibit$ rate manipulation  ,if a     
p]son transf]s or acquires a trade or   
bus9ess solely or prim>ily = ! purpose (
 obta9+ a l[] applicable contribution   
rate1 ! applicable contribution rate (  
ea* p]son p>ty to ! transaction %all be 
det]m9$ )\t reg>d to ! transaction1 &   
ea* su* p]son %all pay a p5alty (       
#aj1jjj = ea* cal5d> qu>t] to :i* su*   
det]m9ation applies4  7#c7  ,aggregation
  ,all p]sons treat$ z a s+le employ] "u
 subsection 7a7 or 7b7 ( section #eb1 or

 subsection 7m7 or 7o7 ( section #dad1  
%all be treat$ z #a employ] = purposes (
 ?is *apt]4  7g7  ,election by nonpr(it 
& gov]nm5tal employ]s ,to reimburse 9   
lieu ( contributions  7#a7  ,9 g5]al    
,any entity describ$ 9 p>agraph 7#b7 may
 elect1 at su* "t & 9 su* mann] z !     
,secret>y %all prescribe1 to pay = ea*  
cal5d> qu>t]1 9 lieu ( ! contribution   
impos$ by subsection 7a71 an am\nt equal
 to ! am\nts *>g$ to su* employ] "u     
subsection 7d7 = su* qu>t]4  7#b7       
,entity describ$  ,an entity describ$ 9 
?is p>agraph is--  7,a7 an organization 
:i* is describ$ 9 section #eja7;c77#c7 &
 exempt f tax "u section #eja7;a71 or   
7,b7 a ,/ate1 a political subdivision ( 
a ,/ate1 an ,indian tribe 7z def9$ 9    
section #de;,a7c77#f771 a ,native       
,hawaiian organization 7z def9$ 9       
section #fbjg ( ! ,native ,hawaiian     
,education ,act 7#bj ,u4,s4,c4 #geag771 
or an in/rum5tality ( any ( ! =ego+4    
7#c7  ,treatm5t ( paym5ts  ,am\nts      
payable "u p>agraph 7#a7 %all be        

assess$1 collect$1 deposit$1 & adm9i/]$ 
9 ! same mann] z contributions impos$ by
 subsection 7a71 except t ! maximum rate
 %all n apply to su* am\nts4  7#d7      
,duration  ,an election "u ?is          
subsection %all rema9 9 effect = n few] 
?an #h consecutive cal5d> qu>t]s &      
!reaft] until revok$ 9 su* mann] z !    
,secret>y %all prescribe4  7#e7  ,unit$ 
,/ates  ,! ,unit$ ,/ates & any          
in/rum5tality !re( %all be treat$ z hav+
 an election 9 effect "u ?is subsection4
  7#f7  ,section #ejjj;,f inapplicable  
,section #ejjj;,f %all n apply to any   
employ] ) an election 9 effect "u ?is   
subsection4  7h7 ,paym5t2 returns       
,contributions impos$ by ?is section    
%all be paid qu>t]ly at ! "t prescrib$ =
 ! return ( taxes impos$ by section     
#caaa1 & %all be report$ on su* returns 
& 9 su* mann] z ! ,secret>y %all        
prescribe4  7i7 ,deposit ,am\nts receiv$
 9 ! ,treasury "u ?is section %all be   
deposit$ 9 ! ,work] ,adaptation ,tru/   
,fund e/abli%$ "u section #ieab4  7j7   

,regulations ,! ,secret>y1 9            
consultation ) ! ,secret>y ( ,labor1    
%all prescribe su* regulations & o!r    
guidance z may be necess>y to c>ry out  
?is *apt]1 includ+ regulations gov]n+ ! 
computation & notice ( applicable       
contribution rates1 ! resolution ( *>g+ 
disputes1 & ! prev5tion ( avoidance (   
?is *apt]4  4  7b7 ,excess displacem5t  
acc\ntability ,*apt] #ej;,b ( ! ,int]nal
 ,rev5ue ,code ( #aihf1 z add$ by       
section #aa ( ?is ,act1 is am5d$ by add+
 at ! end ! foll[+ new section3         
#ejjj;,f4 ,excess displacem5t           
acc\ntability  7a7 ,imposition ( tax    
,!re is h]eby impos$ on ea* employ]1 =  
ea* cal5d> qu>t] ( ! re/itution p]iod ) 
respect to ea* elim9at$ position ( su*  
employ]1 a tax equal to ! am\nt ( tax t 
w\ld h be5 impos$ "u sections #caaa &   
#ccja 7det]m9$ )\t reg>d to ! cr$its    
all[$ "u section #ccjb7 = su* qu>t] )   
respect to ! basel9e comp5sation        
allocable to su* position if su*        
position _h n be5 elim9at$4  7b7        

,r$uction 9 tax ,! aggregate tax impos$ 
by subsection 7a7 on an employ] = any   
cal5d> qu>t] %all be r$uc$ 7b n bel[    
z]o7 by ! am\nt ( contributions paid by 
! employ] "u section #ccbd = su* qu>t]4 
7c7 ,def9itions ,= purposes ( ?is       
section-- 7#a7 ,re/itution p]iod ,! t]m 
re/itution p]iod means1 ) respect to an 
elim9at$ position1 ! #e-ye> p]iod beg9n+
 on ! date ( ! elim9ation ( su*         
position1 r$uc$ z provid$ 9 subsection  
7d74  7#b7 ,elim9at$ position  7,a7 ,9  
g5]al ,! t]m elim9at$ position means ea*
 dome/ic full-"t equival5t position by  
:i* ! dome/ic full-"t equival5t         
employm5t ( an employ] dur+ a saturation
 p]iod falls bel[ ! dome/ic full-"t     
equival5t employm5t ( su* employ] z ( ! 
fir/ day ( su* saturation p]iod1        
id5tifi$1 & det]m9$ ) appropriate       
adju/m5ts = seasonal v>iation1 "u       
regulations prescrib$ by ! ,secret>y4   
7,b7 ,contractor sub/itution ,!         
t]m9ation ( employees accompani$ by !   
sub/itution ( indep5d5t contractors1 or 

( work]s provid$ by a /aff+ or outs\rc+ 
ag5cy1 p]=m+ sub/antially simil> s]vices
 %all be treat$ z an elim9ation (       
positions & %all n be treat$ z a        
re/oration4  7,c7 ,basel9e comp5sation  
,! t]m basel9e comp5sation means1 )     
respect to an elim9at$ position1 !      
annual rate ( wages & b5efits 9 effect =
 su* position on ! date ( ! elim9ation4 
7,d7 ,dome/ic full-"t equival5t         
employm5t ,! dome/ic full-"t equival5t  
employm5t ( an employ] %all be det]m9$  
"u regulations prescrib$ by ! ,secret>y1
 on ! basis ( h\rs ( s]vice ( employees 
)9 ! ,unit$ ,/ates4  7#c7 ,saturation   
p]iod  7,a7 ,9 g5]al ,! t]m saturation  
p]iod means any p]iod ( #a or m         
consecutive cal5d> ye>s = ea* ( :i* !   
uncapp$ displacem5t ratio ( ! employ]   
exce$s ! maximum rate 7z def9$ 9 section
 #ccbd7;b77#d774  7,b7 ,uncapp$         
displacem5t ratio ,! t]m uncapp$        
displacem5t ratio means1 = any cal5d>   
ye>1 ! displacem5t ratio det]m9$ "u     
section #ccbd7;b77#b7 = ! computation   

p]iod applicable to su* cal5d> ye>1     
det]m9$ )\t reg>d to ! maximum rate4    
7d7 ,abatem5t ^u re/oration  7#a7 ,9    
g5]al ,= ea* dome/ic full-"t equival5t  
position re/or$ by ! employ] at an      
annual rate ( wages & b5efits equal to  
or great] ?an ! basel9e comp5sation ( an
 elim9at$ position 7mat*$ "u regulations
 prescrib$ by ! ,secret>y71 no tax %all 
be impos$ "u subsection 7a7 ) respect to
 su* elim9at$ position = cal5d> qu>t]s  
beg9n+ aft] ! date ( ! re/oration4  7#b7
 ,su/a9$ re/oration2 recapture ,p>agraph
 7#a7 %all apply ) respect to a re/or$  
position only if su* position is ma9ta9$
 = #d consecutive cal5d> qu>t]s4 ,if a  
re/or$ position is elim9at$ dur+ !      
#bd-mon? p]iod beg9n+ on ! date ( !     
re/oration1 any am\nt n impos$ by reason
 ( p>agraph 7#a7 %all be assess$1 )     
int]e/ det]m9$ "u section #ffba1 & !    
re/itution p]iod ) respect to su*       
position %all be appli$ )\t reg>d to !  
p]iod ( ! re/oration4  7e7 ,additional  
corporate surtax dur+ saturation ,9 !   

case ( an employ] :i* is a ,c           
corporation1 = ea* ( ! #c taxable ye>s  
beg9n+ ) ! taxable ye> 9 :i* a          
saturation p]iod ( su* employ] beg9s1 ! 
tax impos$ by *apt] #a %all be increas$ 
by an am\nt equal to ! sum (-- 7#a7 #b  
p]c5t ( s mu* ( ! taxable income ( su*  
employ] = ! taxable ye> z does n exce$  
#ajj1jjj1jjj1  7#b7 #d p]c5t ( s mu* (  
su* taxable income z exce$s #ajj1jjj1jjj
 b does n exce$ #a1jjj1jjj1jjj1 &  7#c7 
#f p]c5t ( s mu* ( su* taxable income z 
exce$s #a1jjj1jjj1jjj4  7f7 ,recapture (
 accel]at$ co/ recov]y  7#a7 ,9 g5]al ,!
 tax impos$ by *apt] #a on an employ] = 
! taxable ye> 9 :i* a saturation p]iod (
 su* employ] beg9s %all be increas$ by !
 aggregate excess (-- 7,a7 ! d$uctions  
all[$ by reason ( sections #afh7k7 &    
#agi ) respect to automation assets     
plac$ 9 s]vice by ! employ] dur+ !      
#e-taxable-ye> p]iod end+ ) su* taxable 
ye> 7o!r ?an any asset previ\sly tak5   
into acc\nt "u ?is subsection71 ov]     
7,b7 ! d$uctions t w\ld h be5 all[$ )   

respect to su* assets = su* p]iod "u !  
alt]native depreciation sy/em ( section 
#afh7;g74  7#b7 ,basis adju/m5t ,prop]  
adju/m5t %all be made to ! basis ( any  
asset to :i* p>agraph 7#a7 applies1 "u  
regulations prescrib$ by ! ,secret>y4   
7#c7 ,automation asset ,! t]m automation
 asset means prop]ty 7:e!r tangible or  
intangible1 :e!r or n own$ by ! taxpay]1
 & includ+ rights ( use or access "u a  
lic5se1 subscription1 or s]vice         
arrangem5t7 ! prim>y function ( :i* is  
to p]=m1 ?r\gh automation te*nologies or
 artificial intellig5ce 7z def9$ 9      
section #ejjb ( ! ,national ,artificial 
,intellig5ce ,initiative ,act ( #bjbj   
7#ae ,u4,s4,c4 #idja771 #a or m tasks   
previ\sly p]=m$ by employees ( !        
taxpay]1 includ+ autonom\s indu/rial    
robotics1 sy/ems incorporat+ a cov]$    
artificial intellig5ce model 7z def9$ 9 
section #ejjj;,e7c77#e771 & autonom\s   
logi/ics sy/ems4  7g7 ,aggregation2     
anti-,arbitrage ,rules simil> to ! rules
 ( section #ccbd7;f7 %all apply =       

purposes ( ?is section1 & any transf] ( 
automation assets1 functions1 or        
employees betwe5 p]sons treat$ z #a     
employ] "u su* rules %all be disreg>d$ 9
 det]m9+ ! occurr5ce or duration ( a    
saturation p]iod & ! id5tification (    
elim9at$ positions4  7h7 ,exemption =   
small bus9ess conc]ns ,?is section %all 
n apply to any p]son t is a small       
bus9ess conc]n 7)9 ! mean+ ( section #c 
( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 
#fcb774  7i7 ,paym5t2 returns ,! tax    
impos$ by subsection 7a7 %all be paid   
qu>t]ly at ! "t prescrib$ = ! return (  
taxes impos$ by section #caaa1 & %all be
 report$ on su* returns & 9 su* mann] z 
! ,secret>y %all prescribe4  7j7        
,deposit ( am\nts ,! portion ( ! am\nts 
receiv$ 9 ! ,treasury "u ?is section :i*
 is attributable to ! taxes describ$ 9  
section #caaa %all be cr$it$ to ! ,f$]al
 ,old-,age & ,survivors ,insurance ,tru/
 ,fund1 ! ,f$]al ,disability ,insurance 
,tru/ ,fund1 & ! ,f$]al ,hospital       
,insurance ,tru/ ,fund 9 ! same mann] z 

if su* am\nts 7 taxes receiv$ "u su*    
section1 & ! rema9d] %all be deposit$ 9 
! ,work] ,adaptation ,tru/ ,fund        
e/abli%$ "u section #ieab4  7k7         
,regulations ,! ,secret>y1 9            
consultation ) ! ,secret>y ( ,labor1    
%all prescribe su* regulations & o!r    
guidance z may be necess>y to c>ry out  
?is section1 includ+ regulations gov]n+ 
! id5tification & mat*+ ( elim9at$ &    
re/or$ positions1 ! det]m9ation ( wage &
 b5efit equival5ce1 & ! prev5tion (     
avoidance ( ?is section4  4  7c7 ,d5ial 
( accel]at$ co/ recov]y dur+ saturation 
p]iods  7#a7 ,bonus depreciation        
,section #afh7k77#b7 ( ! ,int]nal       
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new subp>agraph3  7,i7
 ,exclusion ( c]ta9 automation assets ,!
 t]m qualifi$ prop]ty %all n include any
 automation asset 7z def9$ 9 section    
#ejjj;,f7f77#c77 plac$ 9 s]vice dur+ a  
saturation p]iod 7z def9$ 9 section     
#ejjj;,f7c77 ( ! taxpay]4  4  7#b7      
,alt]native depreciation sy/em requir$  

,section #afh7;g77#a7 ( su* ,code is    
am5d$ by /rik+ & at ! end ( subp>agraph 
7,f71 by ins]t+ & at ! end ( subp>agraph
 7,g71 & by ins]t+ aft] subp>agraph 7,g7
 ! foll[+ new subp>agraph3  7,h7 any    
automation asset 7z def9$ 9 section     
#ejjj;,f7f77#c77 plac$ 9 s]vice dur+ a  
saturation p]iod 7z def9$ 9 section     
#ejjj;,f7c77 ( ! taxpay]1  4  7#c7      
,section #agi prop]ty ,section          
#agi7;d77#a7 ( su* ,code is am5d$ by    
add+ at ! end ! foll[+3 ,su* t]m %all n 
include any automation asset 7z def9$ 9 
section #ejjj;,f7f77#c77 plac$ 9 s]vice 
dur+ a saturation p]iod 7z def9$ 9      
section #ejjj;,f7c77 ( ! taxpay]44  7d7 
,in=mation %>+  7#a7 ,c]tification by ! 
,secret>y ( ,labor ,! ,secret>y ( ,labor
 %all c]tify to ! ,secret>y ( !         
,treasury1 at su* times & 9 su* mann] z 
su* ,secret>ies %all jo9tly prescribe1 !
 eligibility det]m9ations1 *>ges1 &     
t]m9ations det]m9$ "u section #d ( ?is  
,act & section #ccbd ( ! ,int]nal       
,rev5ue ,code ( #aihf 7z add$ by ?is    

section74  7#b7 ,disclosure ( return    
in=mation ,section #fajc7l7 ( ! ,int]nal
 ,rev5ue ,code ( #aihf is am5d$ by add+ 
at ! end ! foll[+ new p>agraph3  7#bc7  
,disclosure ( return in=mation =        
adm9i/ration ( work] adaptation         
contributions  7,a7 ,9 g5]al ,!         
,secret>y may1 ^u writt5 reque/ f !     
,secret>y ( ,labor1 disclose to (fic]s &
 employees ( ! ,dep>tm5t ( ,labor return
 in=mation ) respect to any employ] or  
work] 7includ+ taxpay] id5tity          
in=mation1 in=mation on wages report$ "u
 section #fjea1 & in=mation ) respect to
 contributions & *>ges "u *apt] #bc;,b7 
only = purposes (1 & to ! ext5t necess>y
 91 ! adm9i/ration ( section #ccbd &    
section #d ( ! ,,future ( ,work]s ,act1 
includ+ ! v]ification ( work]           
atte/ations & ! det]m9ation & *>g+ (    
co/s "u section #ccbd7;c74  7,b7        
,re/riction on use & r$isclosure ,return
 in=mation disclos$ "u subp>agraph 7,a7 
may be us$ by (fic]s & employees ( !    
,dep>tm5t ( ,labor only = ! purposes    

describ$ 9 su* subp>agraph & may n be   
disclos$ to any o!r p]son except z      
o!rwise au?oriz$ by ?is section4  4     
7#c7 ,safegu>ds ,section #fajc7p77#d7 ( 
su* ,code is am5d$ by ins]t+ 1 7l77#bc7 
aft] 7l77#bb7 ea* place x appe>s4  7e7  
,cl]ical am5dm5ts  7#a7 ,! table (      
*apt]s = subtitle ,c ( ! ,int]nal       
,rev5ue ,code ( #aihf is am5d$ by ins]t+
 aft] ! item relat+ to *apt] #bc;,a !   
foll[+ new item3  #bc;,b ,work]         
adaptation contributions  4  7#b7 ,!    
table ( sections = *apt] #ej;,b ( su*   
,code1 z add$ by section #aa ( ?is ,act1
 is am5d$ by add+ at ! end ! foll[+ new 
item3  #ejjj;,f4 ,excess displacem5t    
acc\ntability  4  7f7 ,effective dates  
7#a7 ,contributions ,! am5dm5ts made by 
subsection 7a7 %all apply to cal5d> ye>s
 beg9n+ aft] ! date t is #a ye> aft] !  
date ( ! enactm5t ( ?is ,act4  7#b7     
,excess displacem5t acc\ntability ,!    
am5dm5ts made by subsections 7b7 & 7c7  
%all apply to saturation p]iods beg9n+  
aft] ! date describ$ 9 p>agraph 7#a71   

except t no automation asset plac$ 9    
s]vice on or be=e ! date ( ! enactm5t ( 
?is ,act %all be tak5 into acc\nt "u    
section #ejjj;,f7f7 ( ! ,int]nal ,rev5ue
 ,code ( #aihf1 z add$ by ?is section4