Bill > A05429

This bill establishes the New York Workforce Stabilization Act, which requires certain businesses to conduct and submit detailed artificial intelligence (AI) impact assessments to the Department of Labor before implementing AI technologies. Specifically, businesses with more than 100 employees must prepare comprehensive assessments that describe the AI's objectives, evaluate its performance, detail its underlying algorithms and training data, examine data privacy implications, and estimate the current and potential future employee displacement. These assessments must be submitted at least 30 days before AI implementation and repeated every two years or when material changes occur. Additionally, the bill imposes a two percent surcharge on corporations that use AI or data mining technologies and displace a significant number of employees, with the threshold for displacement varying based on the company's total workforce size. The surcharge revenue will be directed to worker retraining, workforce development programs, and unemployment insurance. Corporations may seek waivers from the surcharge under specific circumstances, such as experiencing labor shortages or demonstrating the necessity of AI for economic viability. The AI impact assessment requirements take effect immediately, while the surcharge provisions will be implemented starting January 1, 2026.

Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/A5429