WHAT THIS BILL REGULATES · 1 REQUIREMENT TYPE
How Is This Bill Enforced
Verbatim statutory text on the left; plain-language analysis and a per-section checklist on the right. Numbered markers cross-link to the matching checklist row.
This Act may be cited as the ''Artificial Intelligence Practices, Logistics, Actions, and Necessities Act'' or the ''AI PLAN Act''.
Establishes the short title of the Act as the "Artificial Intelligence Practices, Logistics, Actions, and Necessities Act" or the "AI PLAN Act." This section creates no compliance obligations.
(a) It is the sense of Congress that the development and use of artificial intelligence in the commission of financial crimes by adversarial actors poses a significant risk to the national and economic security of the United States.
(b)(1) 1 Not later than 180 days after the date of the enactment of this Act and annually thereafter, the Secretary of the Treasury, the Secretary of Homeland Security, and the Secretary of Commerce, in consultation with the officials specified in paragraph (3), shall jointly submit to Congress a report that includes the following: (A) A description of interagency policies and procedures to defend United States financial markets, United States persons, United States businesses, and global supply chains from the national and economic security risks posed by the use of artificial intelligence in the commission of financial crimes, including fraud and the dissemination of misinformation. (B) An itemized list of resources, hardware, software, technologies, people, and budgetary estimates needed to help Federal departments and agencies to combat the use of artificial intelligence in the commission of financial crimes, including fraud and the dissemination of misinformation.
(b)(2) 1 Reports required pursuant to paragraph (1) shall take the following risks into consideration: (A) Deepfakes. (B) Voice cloning. (C) Foreign election interference. (D) Synthetic identities. (E) False flags and false signals that disrupt market operations. (F) Overall digital fraud.
(b)(3) 1 The officials specified in this paragraph are the following: (A) The United States Trade Representative. (B) The Attorney General. (C) The Chairman of the Board of Governors of the Federal Reserve System. (D) The Director of the National Institute of Standards and Technology. (E) The Under Secretary of Commerce for Industry and Security.
(c) 2 Not later than 90 days after each report under subsection (b) is submitted, the Secretary of the Treasury, the Secretary of Homeland Security, and the Secretary of Commerce shall jointly submit to Congress a set of recommendations relating to each such respective report that contain the following: (1) Legislative recommendations to address the risks posed by the use of artificial intelligence in the commission of financial crimes, including fraud and the dissemination of misinformation. (2) Best practices to assist businesses and government entities in the United States with risk mitigation and incident response to address the risks posed by the use of artificial intelligence in the commission of financial crimes, including fraud and the dissemination of misinformation.
Section 2 is the sole operative section of the bill. Subsection (a) contains a sense-of-Congress declaration that AI-enabled financial crime by adversarial actors poses a significant national and economic security risk. Subsections (b) and (c) impose two recurring interagency reporting obligations on the Secretaries of Treasury, Homeland Security, and Commerce — first, an initial and annual joint report to Congress describing interagency policies and resource needs, and second, a follow-on set of legislative recommendations and best practices due within 90 days of each report.
The reports must address specific AI-enabled risk categories including deepfakes, voice cloning, foreign election interference, synthetic identities, false market signals, and overall digital fraud. Consultation with the U.S. Trade Representative, Attorney General, Federal Reserve Chair, NIST Director, and Under Secretary of Commerce for Industry and Security is required. No obligations are imposed on private-sector entities.