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Innovation Corps Act of 2017 (HR 1576, 115th Congress) Download PDF

  • Government
  • Elected Body
  • Robotics/AI

Directs the Secretary of Commerce to establish a job-training grant program for workers displaced by automation and to establish an Innovation Corps to enable recent college graduates to volunteer in job-training programs for workers displaced by automation.

Updated last March 23, 2017
for the 03/16/2017 version of HR 1576.
What it does 

HR 1576 directs the Secretary of Commerce, in consultation with the Chief Executive Officer of the Corporation for National and Community Service, to establish a job-training grant program to provide funding to institutions of higher education for establishing or enhancing STEM education programs that retrain workers displaced from their jobs by automation. Under this program, institutions of higher education would be able to apply for grant amounts up to $5,000,000. The total appropriation for the grant program would be $250,000,000. The bill would also direct the Secretary to establish an Innovation Corps whereby recent college graduates may volunteer within an education program at an institution of higher education to help retrain workers that have been displaced from their jobs by automation. Each each graduate volunteer would be paid a stipend for participating. Graduate volunteers completing two years of volunteer service in the Innovation Corps would also receive up to $100,000 in debt forgiveness on the date they complete their service. The total appropriation for the Innovation Corps would be an additional $250,000,000.