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Requires an office within the department of financial services to establish minimum standards for large frontier developers' frontier AI frameworks to prevent unreasonable levels of catastrophic risk.
AI Summary
The bill mandates the establishment of minimum standards for large frontier developers' AI frameworks to mitigate catastrophic risks.
Business Impact
If you are a large frontier AI developer in New York, you must comply with new standards by July 1, 2028, or face regulatory penalties.
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
What This Means
This bill requires an office to establish minimum standards for frontier AI frameworks. It aims to prevent catastrophic risks associated with AI technologies.
Key Provisions
- Minimum standards will require large frontier developers' AI frameworks to meet specific criteria.
Latest Legislative Action
REFERRED TO INTERNET AND TECHNOLOGY
Bill Sponsors
| Name | Role | District |
|---|---|---|
| Andrew Gounardes D | Sponsor | SD-026 |
Compliance Checklist
Adopt regulations for frontier AI frameworks
Who: Office within the Department of Financial Services
Deadline: July 1, 2028
Penalty: Potential regulatory consequences for non-compliance
Who: Office within the Department of Financial Services
Deadline: July 1, 2028
Penalty: Potential regulatory consequences for non-compliance
Solicit feedback from stakeholders
Who: Office within the Department of Financial Services
Deadline: Ongoing until regulations are finalized
Penalty: Potential regulatory consequences for non-compliance
Who: Office within the Department of Financial Services
Deadline: Ongoing until regulations are finalized
Penalty: Potential regulatory consequences for non-compliance
Full Legal Analysis
The bill requires an office to establish minimum standards for large frontier developers' AI frameworks. These standards are intended to prevent unreasonable levels of catastrophic risk associated with AI technologies.
Official Source
Official Bill Text
View S10456 on official legislature website →
Affected Industries
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