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NC S735

NC S735: AI Innovation Trust Fund Under Review

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Data Under Review
This bill's information is currently being re-verified for accuracy. Some details may have changed since our last confirmed update. For the most current information, please check your state legislature's official website.
Disclaimer: This page provides general informational summaries only and does not constitute legal advice. AI-generated content may contain errors. Always consult a qualified attorney for guidance specific to your situation. Read full disclaimer →
AI Summary

Senate Bill 735 creates the AI Innovation Trust Fund to support AI development in North Carolina.

Business Impact

If you are involved in AI development in North Carolina, you must be aware of funding opportunities from the AI Innovation Trust Fund.

State
North Carolina
Bill Number
S735
Status
Introduced
Risk Level
Low
Category
Comprehensive
Last Action
Mar 26, 2025
Last Verified
May 1, 2026
Data Updated
May 1, 2026
What do these statuses mean?
Introduced — Filed in the legislature; not yet heard in committee
In Committee — Assigned to and being reviewed by a legislative committee
Passed — Approved by one or both chambers; awaiting further action
Signed / Enacted — Signed into law by the governor; may or may not be in effect yet
Dead / Vetoed — Vetoed, failed to pass, or session expired without action
Unknown — Status data not yet available or awaiting classification

Affected Industries

Artificial Intelligence Technology

What This Means

Senate Bill 735 proposes the establishment of the AI Innovation Trust Fund in North Carolina, aimed at promoting advancements in artificial intelligence. Stakeholders in the AI ecosystem should monitor this bill closely.

Key Provisions

Latest Legislative Action

Re-ref Com On Appropriations/Base Budget

Full Legal Analysis

Senate Bill 735 seeks to create the AI Innovation Trust Fund, which will be dedicated to supporting the development and implementation of artificial intelligence technologies in North Carolina. The full bill text is necessary to confirm details about funding allocation, compliance requirements, and beneficiary sectors or entities.

Official Source


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