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US SB4487

US SB4487: Small Business Artificial Intelligence Training Act of 2024 Verified

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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

The Small Business Artificial Intelligence Training Act of 2024 mandates the Secretary of Commerce to create AI training resources for small businesses.

Business Impact

If you operate a small business in the U.S., you must utilize the AI training resources developed by the Secretary of Commerce once available.

State
United States (Federal)
Bill Number
SB4487
Status
Introduced
Risk Level
Medium
Category
Comprehensive
Last Action
Aug 1, 2024
Last Verified
May 17, 2026
Data Updated
May 17, 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

Technology General Small Business

Topics How we classify →

What This Means

The Small Business Artificial Intelligence Training Act of 2024 aims to enhance the capabilities of small businesses in the U.S. by providing essential AI training resources. This initiative is designed to equip small enterprises with the necessary tools to effectively integrate AI technologies into their operations.

Key Provisions

Latest Legislative Action

Placed on Senate Legislative Calendar under General Orders. Calendar No. 487.

Bill Sponsors

Name Role District
Sponsor SD-NY
Sponsor SD-KS
Sponsor SD-WA

Compliance Checklist

Utilize the AI training resources once developed
Who: Small businesses in the U.S.
Deadline: Upon availability of resources
Penalty: No specified penalties for non-compliance

Full Legal Analysis

The Small Business Artificial Intelligence Training Act of 2024 requires the Secretary of Commerce to develop and provide artificial intelligence training resources and toolkits specifically tailored for small businesses in the United States. The bill does not specify a compliance deadline or penalties for non-compliance, as it focuses on the creation of resources rather than imposing immediate obligations on businesses. The bill reflects a growing recognition of the need for small businesses to adapt to technological advancements.

Official Source


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