AI PLAN Act
Reps. Nunn and Himes Introduce Bipartisan Bill to Combat AI-Powered Financial Fraud and Deepfakes
The AI PLAN Act is currently moving through the House Financial Services Committee. The committee recently voted to approve the bill with changes, which means it is now ready to move to the full House for a vote. It is actively progressing through the legislative process.
Legislative Progress
The bill has strong bipartisan support from members of both parties, but many AI-related bills face a long road to becoming law due to a crowded legislative calendar.
Key Points
Impact Analysis
Personal Impact
Life & Work
Federal employees at Treasury, Homeland Security, Commerce, and several other agencies would be tasked with producing the annual reports and recommendations required by the bill. This creates new interagency coordination responsibilities and ongoing reporting workloads, though it could also lead to requests for additional staffing and budgets.
“An itemized list of resources, hardware, software, technologies, people, and budgetary estimates needed to help Federal departments and agencies to combat the use of artificial intelligence in the commission of financial crimes”
Activities
Milestones
Ordered to be Reported (Amended) by the Yeas and Nays: 52 - 0.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Financial Services.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
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Source Information
Document Type
Congressional Bill
Official Title
AI PLAN Act
Data Sources
Sponsor
Cosponsors
(7)Analysis generated by AI. Always verify with official sources.