The SBA Artificial Intelligence Utilization Act of 2026 requires the Small Business Administration to submit annual reports detailing its use of artificial intelligence and machine learning. These reports must cover the benefits and risks of this technology, including how it impacts operations, and outline strategies to maintain human oversight in important decisions. Additionally, the bill mandates that the SBA Administrator provide a briefing to congressional committees within 30 days of submitting each report. This legislation directly affects the SBA by establishing a formal process for evaluating and managing the adoption of AI tools within the agency.
The American Leadership in AI Act establishes a new Center for AI Standards and Innovation at the National Institute of Standards and Technology to develop voluntary guidelines and testing methods for ensuring artificial intelligence systems are safe, secure, and reliable. It creates a large National Artificial Intelligence Research Resource to provide researchers and students with access to advanced computing power and data, while also launching prize competitions to solve specific challenges in areas like national security and health care. The bill mandates that every federal agency appoint a full-time Chief Artificial Intelligence Officer to oversee responsible AI use and requires the development of federal standards for AI procurement and security. Additionally, the legislation strengthens penalties for financial crimes committed using AI, protects workers who report AI safety violations from retaliation, and expands educational programs to improve AI literacy among K-12 students and the broader workforce.
The Guidelines for Use, Access, and Responsible Disclosure of Financial Data Act strengthens privacy protections for consumers by amending the Gramm-Leach-Bliley Act to require financial institutions to limit data collection to what is necessary, provide clearer privacy notices, and offer new rights for customers to access or delete their personal information. Key provisions include requiring explicit opt-in consent for sensitive data like biometric information, restricting how third parties can use consumer login credentials, and mandating that institutions disclose how they use artificial intelligence in processing financial data. The bill also establishes a right for former customers to request deletion of their data within 45 days and requires regulators to consider the impact of rules on smaller financial institutions with $15 billion or less in assets.
The Advancing Water Research and Collaboration Act of 2025 amends the Water Resources Research Act of 1984 to update research priorities and funding allocations for water resources research institutes. The bill adds artificial intelligence to the list of research areas alongside private industry and increases federal funding authorization to $16 million annually for fiscal years 2026 through 2029. It requires 20 percent of these funds to support research addressing interstate water problems and allows grants for projects focusing on regional or multi-state water issues. The legislation also expands the types of research institutes eligible for funding to include those working on problems identified by Congress as having interstate significance.
This bill requires large AI companies and organizations to disclose detailed information about their foundation models, including training data sources, model performance, and potential risks, before and during the model's use. The Federal Trade Commission will create specific rules outlining what information must be submitted to the agency and made publicly available, with exemptions for fully open-source models and special provisions for small businesses. Covered entities are defined as AI providers with over 10 million monthly users, significant computing power usage, or models that could pose security or safety risks, while the FTC will enforce compliance as unfair business practices.
This bill establishes a task force to study how artificial intelligence speech-to-text and automatic speech recognition technologies are used in federal and state courts across the United States. The 15-member group, composed of government officials, legal experts, and technology specialists, will examine issues like accuracy, privacy, civil liberties, and costs associated with these AI tools in judicial proceedings. Within 18 months of enactment, the task force must submit a final report to Congress detailing its findings on whether AI affects court record quality, impacts individuals with speech impediments, creates cybersecurity risks, and recommends any necessary policy changes. The task force will also provide quarterly status updates to congressional committees and will dissolve once its final report is submitted.
This bill creates a new Subcommittee on Emerging Technology within the Defense Production Act Committee to study how advanced technologies impact national defense. The subcommittee will analyze artificial intelligence, biotechnology, quantum computing, and other specified fields to identify ways they can improve efficiency, encourage innovation, and address supply chain gaps. Additionally, the bill requires the subcommittee to submit a report to Congress within 18 months evaluating the feasibility of creating a strategic reserve for critical biomanufacturing materials needed for national defense. The legislation also updates meeting requirements for the Defense Production Act Committee and corrects a citation error in the original Defense Production Act.
This bill establishes a framework to protect American-owned closed-source AI models from unauthorized extraction by foreign entities, particularly those from China and Russia. It requires the Secretary of State to conduct assessments identifying which foreign entities are conducting model extraction attacks or facilitating them through fraudulent account networks, then publish a public list of these actors for up to five years. The legislation authorizes the President to impose economic sanctions on identified entities and their affiliates, while also creating mechanisms for industry coordination and sharing information about threats. Importantly, the bill distinguishes between legitimate AI research conducted under contractual terms and unauthorized extraction attempts that bypass access controls or violate usage agreements.
This bill requires the U.S. government to produce a detailed report on how effective current export controls on semiconductors and related technology are against China. The report must evaluate each control's impact on China's military, AI development, and semiconductor industry, while also analyzing effects on U.S. companies and global competitiveness. It mandates that the State Department, in coordination with Commerce and intelligence agencies, gather data from industry stakeholders and submit an unclassified version of the findings to Congress within 360 days. The document will also identify which controls are working, which are failing, and offer recommendations for improving enforcement and closing loopholes.
This bill strengthens the Bureau of Industry and Security's ability to manage export control licenses by requiring the agency to publish specific regulatory guidance within 60 days and establishing clear standards for denying licenses to prevent technology transfer to foreign adversaries. It creates a system of technical advisory committees composed of national security experts, industry specialists, and academics to advise on emerging technologies like AI, semiconductors, and biotechnology, with these committees required to meet every four months and submit annual reports. The legislation also mandates regular reviews of existing export control rules for advanced computing integrated circuits and requires the Secretary of Commerce to report findings to Congress within 120 days of enactment.
