The Upward Mobility Act of 2026 aims to create a pilot program that enables states to consolidate federal funds to support antipoverty initiatives, ultimately improving the economic conditions of low-income individuals and families. By streamlining assistance programs, the Act seeks to promote upward mobility through enhanced employment opportunities and tailored support. Central to the Act are the Upward Mobility Grants, which states can apply for to fund pilot projects targeting antipoverty objectives.