Reps. Nunn and Himes Introduce Bipartisan Bill to Combat AI-Powered Financial Fraud and Deepfakes
The AI PLAN Act has been approved by the House Committee on Financial Services and was placed on the Union Calendar on June 23, 2026. The bill is now waiting for the House leadership to schedule a vote on the floor. While the bill is moving forward, it still needs to be selected for a vote by House leaders to continue through the process.
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.
This bill’s path across every version that has carried it.
Reintroduced
Reintroduced from H.R. 7781 (118th), which died when its Congress ended.
H.R. 7781 (118th) →Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
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”
Placed on the Union Calendar, Calendar No. 615.
The bill is now on the schedule for the full chamber to consider. It's in line for debate and a vote.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-708.
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.
Lawmakers are introducing several measures to examine AI tools, including the Bank Fraud Technology Advancement Act. These bills aim to direct federal agencies to study AI's use in fraud detection and help community financial institutions access advanced tools.
As Congress debates broader AI regulation, the House Energy and Commerce Committee advanced a 10-year moratorium on state AI policy. This move highlights the ongoing tension between federal and state authorities over who should set the standards for AI safety and security.
No votes or related bills recorded for this bill yet.
Document Type
Congressional Bill
Official Title
AI PLAN Act
Analysis generated by AI. Always verify with official sources.