AI Foundation Model Transparency Act of 2023
The source supplies the latest action, but no lifecycle stage.
Latest action (22 Dec 2023): Referred to the House Committee on Energy and Commerce.
What this bill does
H.R. 6881, the AI Foundation Model Transparency Act of 2023, would direct the Federal Trade Commission to create regulations requiring companies that provide certain large artificial intelligence "foundation models" to disclose information about how those models were built and operate. Within nine months of enactment, the FTC would have to establish standards—developed in consultation with NIST, the Office of Science and Technology Policy, the Register of Copyrights, and other stakeholders—specifying what information must be submitted to the FTC and what must be made public, such as training data sources and composition, data labeling and filtering practices, model risks and limitations, alignment with NIST's AI risk framework, performance on safety benchmarks, and computing power used.
The requirements would apply to "covered entities" providing foundation models that generate over 100,000 monthly outputs or have more than 30,000 monthly users, covering major AI developers and services. Information would need to be posted on company websites and a centralized FTC website in machine-readable form. Violations would be enforced as unfair or deceptive practices under the FTC Act. The bill also requires periodic updates to the standards, a report to Congress within two years, and authorizes funding ($10 million for FY2025, $3 million annually thereafter).
The bill was introduced December 22, 2023, by Rep. Donald Beyer (D-VA) and referred to the House Committee on Energy and Commerce. It has not received a vote and, having been introduced in the 118th Congress, would need to be reintroduced in a future Congress to be considered further.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Timeline
22 Dec 2023
Referred to the House Committee on Energy and Commerce.
Common questions
- What does H.R. 6881 do?
- H.R. 6881, the AI Foundation Model Transparency Act of 2023, would direct the Federal Trade Commission to create regulations requiring companies that provide certain large artificial intelligence "foundation models" to disclose information about how those models were built and operate. Within nine months of enactment, the FTC would have to establish standards—developed in consultation with NIST, the Office of Science and Technology Policy, the Register of Copyrights, and other stakeholders—specifying what information must be submitted to the FTC and what must be made public, such as training data sources and composition, data labeling and filtering practices, model risks and limitations, alignment with NIST's AI risk framework, performance on safety benchmarks, and computing power used. The requirements would apply to "covered entities" providing foundation models that generate over 100,000 monthly outputs or have more than 30,000 monthly users, covering major AI developers and services. Information would need to be posted on company websites and a centralized FTC website in machine-readable form. Violations would be enforced as unfair or deceptive practices under the FTC Act. The bill also requires periodic updates to the standards, a report to Congress within two years, and authorizes funding ($10 million for FY2025, $3 million annually thereafter). The bill was introduced December 22, 2023, by Rep. Donald Beyer (D-VA) and referred to the House Committee on Energy and Commerce. It has not received a vote and, having been introduced in the 118th Congress, would need to be reintroduced in a future Congress to be considered further.
- Has H.R. 6881 become law?
- The source does not supply a confirmed lifecycle stage for H.R. 6881. Check the latest action and official source below.
- Who sponsored H.R. 6881?
- H.R. 6881 was sponsored by Rep. Beyer, Donald S., Jr. [D-VA-8] (D-VA), with 4 cosponsors.
- What's the latest action on H.R. 6881?
- Referred to the House Committee on Energy and Commerce. (22 Dec 2023).
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