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BillS 4647 · 119

AGE Act of 2026

Introduced
Jun 1, 2026
Cosponsors
1
Traction
0
Last Action
Jun 1, 2026

Bill Summary

Establishes tax incentives for businesses that hire and retain older workers, and requires the government to study the effects of age-related tax policies. Funds research on age-related workforce issues.

Sponsored By

Amy Klobuchar
Democrat · Minnesota · Senate

Bill Journey

  1. Jun 1, 2026
  3. Jun 1, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  4. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  5. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  6. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects older workers and the businesses that hire them, potentially increasing job opportunities and retention rates for older adults. It also impacts government agencies responsible for studying and implementing tax policies related to age and workforce development.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
1backer
  • Democratic1
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Bill Details

Bill TypeSenate Bill · Federal
Primary TopicMoney & Economy
CommitteeCommittee on Finance
IntroducedJun 1, 2026
Last UpdatedJun 1, 2026
Latest ActionRead twice and referred to the Committee on Finance.
Subjects
  • Economy

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.