Bill

Bill > HR7781


US HR7781

US HR7781
AI PLAN Act Artificial Intelligence Practices, Logistics, Actions, and Necessities Act


summary

Introduced
03/21/2024
In Committee
03/21/2024
Crossed Over
Passed
Dead
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)

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

bill text


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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