AI PLAN Act
Official title: To require a strategy to defend against the economic and national security risks posed by the use of artificial intelligence in the commission of financial crimes, including fraud and the dissemination of misinformation, and for other purposes.
What Do You Think?
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What Happened in Congress?
Not yet voted on the floor.
Where the Bill Stands
- Introduced, done
- Committee, done
- Floor Vote, current stage
- Outcome, not yet
What This Bill Does
This bill requires the Department of the Treasury, the Department of Homeland Security (DHS), and the Department of Commerce to submit a report on the risks posed by the use of artificial intelligence in the commission of financial crimes by adversarial actors.
The report must
- describe interagency, intergovernmental, and public-private partnership activities, policies, and procedures to defend U.S. interests against the national and economic security risks posed by the use of artificial intelligence in the commission of financial crimes;
- provide a list of readily available resources that can be immediately deployed by federal agencies to combat these risks, and
- provide a list of resources needed by federal agencies to combat these risks.
Risks that must be considered by the report include deepfakes, voice cloning, foreign election interference, synthetic identities, false flags that disrupt market operations, AI-supported social engineering, and general digital fraud.
After submission of this report, Treasury, DHS, and Commerce must make recommendations for legislation and best practices for businesses and government entities to address these risks.
Sponsors
Related Documents
Timeline
- House floor actionsReported (Amended) by the Committee on Financial Services. H. Rept. 119-708.
- House committee actionsCommittee Consideration and Mark-up Session Held
- Library of CongressIntroduced in House
- House floor actionsReferred to the House Committee on Financial Services.
- Introduced
- Committee

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