S 2528 · 119th Congress · Finance and Financial Sector

Unleashing AI Innovation in Financial Services Act

Introduced 2025-07-29· Sponsored by Sen. Rounds, Mike [R-SD]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2025-07-29)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 2528 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 2528 To establish AI Innovation Labs that permit certain persons to experiment with artificial intelligence without expectation of enforcement actions. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES July 29, 2025 Mr. Rounds (for himself, Mr. Heinrich, Mr. Tillis, and Mr. Kim) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To establish AI Innovation Labs that permit certain persons to experiment with artificial intelligence without expectation of enforcement actions. 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 ``Unleashing AI Innovation in Financial Services Act''. SEC. 2. DEFINITIONS. (1) AI test project.--The term ``AI test project'' means a financial product or service that-- (A) falls under the…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (4)

3 Democrats1 Republican