HB7786, the AI Fraud Accountability Act, is a proposed bill. Specific details on its focus, penalties, and oversight will be included once the full text is available.
If you use AI for customer interactions, you must implement fraud detection measures by January 1, 2025, or face penalties.
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What This Means
The AI Fraud Accountability Act, designated as HB7786, is a proposed bill. This analysis will be updated with specific details on its focus, penalties, and oversight once the full text is available.
Key Provisions
- Specific details to be included upon release of full bill text
Latest Legislative Action
Referred to the Committee on Energy and Commerce, and in addition to the Committees on the Judiciary, Science, Space, and Technology, and Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Bill Sponsors
| Name | Role | District |
|---|---|---|
| Darren Soto D | Sponsor | HD-FL-9 |
| Jeff Van Drew R | Sponsor | HD-NJ-2 |
| Vern Buchanan R | Sponsor | HD-FL-16 |
Compliance Checklist
Who: Businesses and organizations engaging in online transactions
Deadline: To be specified upon enactment
Penalty: Fines or regulatory actions for non-compliance
Who: Affected entities
Deadline: To be specified upon enactment
Penalty: Fines or regulatory actions for non-compliance
Related & Companion Bills
Full Legal Analysis
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Affected Industries
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