Search Results: keywords:"impact assessment"

  • S. 5152 — To establish protections for individual rights with respect to computational algorithms, and for other purposes.
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    Status:Introduced in Senate
    Words:12,821

    S. 5152, known as the "Artificial Intelligence Civil Rights Act of 2024," aims to protect individual rights concerning the use of computational algorithms. The bill sets rules for developers and deployers of algorithms to prevent discrimination and harm, ensuring fairness,...

    Simple Explanation

    S. 5152 is a proposed law called the "Artificial Intelligence Civil Rights Act of 2024," aiming to keep people safe from unfair computer decisions. It makes sure computer programs are fair, explains how they work, and lets people speak up if something goes wrong with these decisions.

  • S. 4401 — To require the Administrator of the Small Business Administration to ensure that the small business regulatory budget for a fiscal year is not greater than zero, and for other purposes.
    Status:Introduced in Senate
    Words:378

    S. 4401, also known as the "Small Business Regulatory Reduction Act," is a bill introduced in the U.S. Senate that aims to limit the regulatory costs for small businesses. It requires the Administrator of the Small Business Administration (SBA) to ensure that the regulatory...

    Simple Explanation

    The bill wants to make sure that small businesses don't have to pay any extra money because of new rules, and it asks for a report every year to see how these rules affect them.

  • S. 4870 — To require reports on artificial intelligence regulation in the financial services industry.
    Status:Introduced in Senate
    Words:462

    S. 4870 is a bill that requires several U.S. financial regulators, including the Federal Reserve and the Consumer Financial Protection Bureau, to submit reports on how artificial intelligence (AI) is being used in the financial services industry. The reports must cover areas such as which...

    Simple Explanation

    S. 4870 is a bill that asks important U.S. money-related bosses, like the Federal Reserve, to write reports on how they use smart computer programs. These reports will help make sure these programs follow the rules and work well without sharing any secret information.