US SB3554 | 2023-2024 | 118th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on December 18 2023 - 25% progression
Action: 2024-02-08 - Committee on Banking, Housing, and Urban Affairs. Hearings held.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 18 2023 - 25% progression
Action: 2024-02-08 - Committee on Banking, Housing, and Urban Affairs. Hearings held.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Financial Stability Act of 2010 to provide the Financial Stability Oversight Council with duties regarding artificial intelligence in the financial sector, and for other purposes.
Title
FAIRR Act Financial Artificial Intelligence Risk Reduction Act
Sponsors
| Sen. Mark Warner [D-VA] | Sen. John Kennedy [R-LA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-08 | Senate | Committee on Banking, Housing, and Urban Affairs. Hearings held. |
| 2023-12-18 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB7036 (Related) 2024-01-18 - Referred to the House Committee on Financial Services.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/senate-bill/3554/all-info |
| Text | https://www.congress.gov/118/bills/s3554/BILLS-118s3554is.pdf |
