NY S 8706: Requires covered businesses to annually report to the department of labor regarding the impact of artificial intelligence on hiring and the nature of…
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Requires covered businesses to annually report to the department of labor regarding the impact of artificial intelligence on hiring and the nature of artificial intelligence use
AI Summary
This bill requires businesses to report annually on AI's impact on hiring to the Department of Labor, with penalties for non-compliance not detailed in the description.
The proposed bill S 8706 mandates that specific businesses in New York report annually on the impact and nature of artificial intelligence in their hiring processes for the previous year. This legislation aims to enhance transparency and accountability regarding AI usage in hiring.
Key Provisions
Requires annual reporting on AI's impact and nature of use in hiring by covered businesses for the previous year.
Mandates the Department of Labor to file an annual report on the impact and nature of AI use in hiring.
Establishes penalties for non-compliance with reporting requirements, though the nature of these penalties is not detailed in the description.
Latest Legislative Action
SUBSTITUTED BY A9581B
Bill Sponsors
Name
Role
Michelle Hinchey
Primary
Compliance Checklist
Submit annual report on AI's impact on hiring Who: Covered businesses Penalty: Penalties for failure to submit reports
Bill S 8706 requires businesses that meet specific criteria, defined as 'covered businesses,' to submit an annual report to the New York Department of Labor detailing both the impact of artificial intelligence on their hiring practices and the nature of AI use for the previous year. This reporting obligation aims to provide insights into how AI affects employment decisions, promoting accountability among businesses utilizing these technologies. The bill establishes penalties for businesses that fail to submit the required reports, though the nature of these penalties is not detailed in the available description. The criteria for 'covered businesses' are not specified in the available bill description, but may be specified in the full bill text. Covered businesses must comply with this reporting requirement annually. The legislation targets organizations that employ AI technologies in their hiring operations. Additionally, the Department of Labor is required to file an annual report on the impact and nature of AI use in hiring.
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