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RAISE Act (Responsible AI Safety and Education Act)

United States Β· Law Β· Governor Kathy Hochul; New York State

Our summary

This New York law mandates that major developers of frontier artificial intelligence models establish and disclose their safety protocols, and notify state authorities of serious incidents within 72 hours. It establishes a new regulatory office in the Department of Financial Services to oversee large frontier AI developers and issue annual transparency reports, with enforcement powers allowing the Attorney General to impose penalties up to $1 million for initial violations and $3 million for repeat violations.

Written by the Index in our own words. It is not legal advice; the official text is the authority.

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