ARTIFICIAL INTELLIGENCE ACT
What changed between versions
Added detailed definitions for key terms including 'algorithmic discrimination,' 'high-risk artificial intelligence system,' 'consequential decision,' and 'deployer' to clarify regulatory requirements.
Requires developers to provide comprehensive documentation about AI systems including data sources, training methods, and known limitations to recipients.
Mandates deployers to implement risk management policies and conduct annual impact assessments for high-risk AI systems used in consequential decisions.
Requires direct notice to consumers before AI systems make consequential decisions and provides opportunities for consumers to appeal adverse decisions.
Requires developers to post public inventories of high-risk AI systems and update them within 90 days of substantial modifications.
Establishes enforcement authority for the Department of Justice with consumer civil action rights for injunctive or declaratory relief.
Sets effective date of July 1, 2026, with rules required by January 1, 2027, providing a two-year implementation period.
Added exemptions for cybersecurity technology, anti-fraud tools, federal agencies, and financial institutions subject to equivalent federal regulations.