Bill > S2750

This bill establishes a Federal Regulatory Sandbox Program for Artificial Intelligence (AI) to be administered by the Director of the Office of Science and Technology Policy. The program allows companies developing AI technologies to temporarily test their products or services by requesting waivers or modifications of existing regulatory provisions, providing a structured pathway to innovate with reduced regulatory barriers. Applicants must submit detailed applications explaining the potential benefits and risks of their AI products or services, including how they might benefit consumers, create jobs, or enhance economic opportunities. The program includes robust consumer protection measures, requiring companies to disclose risks, maintain transparency, and notify authorities of any incidents within 72 hours. Waivers are initially granted for two years and can be renewed up to four additional two-year periods. Each application will be reviewed by relevant government agencies to assess potential health, safety, economic, and consumer protection risks. The Director must submit annual reports to Congress detailing the program's activities, including the number of applications received, approved, and any public benefits or potential harm. The program is designed to incentivize AI innovation while maintaining safeguards to protect consumers and prevent unfair or deceptive practices. The legislation includes a sunset provision, terminating the program 12 years after its establishment.

Transportation and Infrastructure

https://www.congress.gov/bill/119th-congress/senate-bill/2750/all-info