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NY S10456: Requires an office within the department of financial services to establish minimum standards for large frontier developers' frontier AI frameworks t…

Introduced New York · 2025–2026 session

Last verified Oct 6, 2026 · official bill text

S10456 · where it stands

1 of 5 steps complete
  1. Introduced Complete
  2. Passed first chamber
  3. Passed both chambers
  4. Signed
  5. In effect
What do these statuses mean?
Introduced
Filed in the legislature; may be waiting for a committee hearing.
Passed a chamber
Approved by one or both chambers; awaiting further action.
Signed / enacted
Signed into law; it may or may not be in effect yet.
In effect
The effective date has passed.
Dead / vetoed
Vetoed, failed, or the session ended without action.
View full title

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.

In one paragraph

The bill mandates the department of financial services in New York to establish minimum standards for large frontier developers' AI frameworks to prevent unreasonable levels of catastrophic risk.

Plain-English summary, written with AI assistance. The official text controls.

What it means for business

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 this means

This New York bill requires an office within the department of financial services to establish minimum standards for large frontier developers' AI frameworks, aiming to prevent unreasonable levels of catastrophic risk associated with AI technologies.

Key provisions

  1. Minimum standards will require large frontier developers' AI frameworks to meet specific criteria to prevent unreasonable levels of catastrophic risk.

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
  • 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

Latest legislative action

May 15, 2026. REFERRED TO INTERNET AND TECHNOLOGY

Full analysis

The bill requires an office within the department of financial services in New York 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.

Sponsors

NameRoleDistrict
D Sponsor SD-026

Topics and industries

Affected industries

TechnologyFinance

This page is general information, not legal advice. Summaries are AI-assisted and may contain errors; read the statute for the controlling text and talk to a lawyer about your situation. Full disclaimer · Report an error

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