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Bill > HR7781
US HR7781
US HR7781AI PLAN Act Artificial Intelligence Practices, Logistics, Actions, and Necessities Act
summary
Introduced
03/21/2024
03/21/2024
In Committee
03/21/2024
03/21/2024
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To require a report on the economic and national security risks posed by the use of artificial intelligence in the commission of financial crimes, including fraud and the dissemination of misinformation, and for other purposes.
AI Summary
This bill, the Artificial Intelligence Practices, Logistics, Actions, and Necessities Act (AI PLAN Act), requires the Secretary of the Treasury, the Secretary of Homeland Security, and the Secretary of Commerce to jointly submit an annual report to Congress on the national and economic security risks posed by the use of artificial intelligence (AI) in financial crimes, including fraud and the dissemination of misinformation. The report must include a description of interagency policies and procedures to defend against these risks, as well as an itemized list of resources needed to combat the use of AI in such crimes. The bill also requires the Secretaries to submit recommendations on legislative actions and best practices to address these risks.
Committee Categories
Business and Industry
Sponsors (5)
Zach Nunn (R)*,
Suzanne Bonamici (D),
Anna Eshoo (D),
Brittany Pettersen (D),
Abigail Spanberger (D),
Last Action
Referred to the House Committee on Financial Services. (on 03/21/2024)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Banking System and Financial Institution Regulation and Reform
- ‐ Consumer Safety and Consumer Fraud
Space, Science, Technology, and Communications
- ‐ Internet and Computer Issues
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/7781/all-info | 03/22/2024 |
| BillText | https://www.congress.gov/118/bills/hr7781/BILLS-118hr7781ih.pdf | 04/11/2024 |
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