The bill establishes the Economy of the Future Commission to study and make recommendations on emerging economic and technological trends. It will impact future economic policies and strategies in various sectors. The commission, with bipartisan leadership, will develop legislative recommendations addressing economic changes due to AI adoption. It will consist of congressional leaders and experts to establish AI standards, evaluate its impact on workforce and education, and focus on AI research, public-private partnerships, transportation safety, and energy demands. The commission will issue interim and final reports, and its authorities will terminate after providing the final report, with an appropriation of $5,250,000 for its activities.