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NY S10373

NY S10373: Requires third party verification of compliance with transparency and safety requirements for developers of artificial intelligence models; requires … Verified

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Requires third party verification of compliance with transparency and safety requirements for developers of artificial intelligence models; requires publication of such compliance reports.

AI Summary

This bill mandates third-party verification of compliance with AI safety and transparency requirements, including publishing findings, though the frequency is unspecified.

Business Impact

If you are a large frontier AI developer in New York, you must engage a third-party verifier annually by 2029 or face penalties up to $3 million.

State
New York
Bill Number
S10373
Status
Introduced
Risk Level
High
Category
Comprehensive
Effective Date
Jan 1, 2029
Last Action
May 15, 2026
Last Verified
May 23, 2026
Data Updated
May 24, 2026
Version
v3
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

General

Topics How we classify →

What This Means

The proposed legislation in New York aims to enhance accountability among AI developers by requiring third-party compliance verification. This initiative seeks to ensure that developers adhere to established safety and transparency frameworks, thereby mitigating risks associated with AI technologies. The bill outlines requirements for the verification process, impacting developers significantly.

Key Provisions

Latest Legislative Action

REFERRED TO INTERNET AND TECHNOLOGY

Bill Sponsors

Name Role District
Sponsor SD-026

Compliance Checklist

Engage a third-party verifier to assess compliance with AI framework
Who: Large frontier AI developers
Deadline: By January 1, 2029
Penalty: Up to $3 million for non-compliance
Publish a summary of the verifier's report on the company website
Who: Large frontier AI developers
Deadline: Within 15 days of report publication
Penalty: Civil penalties may apply

Full Legal Analysis

The bill requires AI developers to engage a third-party verifier to assess compliance with their AI frameworks. Developers must provide the verifier with access to necessary materials and cannot condition payment on the results of the assessment. The frequency of verification and specific publication timelines are not specified in the available information. Key definitions include 'third party verifier,' which is defined as an independent entity without financial ties to the developer. The bill's provisions align with growing trends in AI regulation, emphasizing accountability and transparency similar to laws in other jurisdictions.

Official Source


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