AI Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 10262 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 10262 To require the financial regulators to carry out studies on the realized and potential benefits of artificial intelligence, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES November 26, 2024 Ms. Waters (for herself and Mr. McHenry) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To require the financial regulators to carry out studies on the realized and potential benefits of artificial intelligence, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Analysis and Improvement Act of 2024'' or the ``AI Act of 2024''. SEC. 2. STUDY ON AI BENEFITS AND RISKS BY BANKING REGULATORS. (a) Report Required.--Not later than 180 days after the date of the enactment of this Act, the Board of Gove…