Small Business Artificial Intelligence Training Act of 2024
The source supplies the latest action, but no lifecycle stage.
Latest action (1 Aug 2024): Placed on Senate Legislative Calendar under General Orders. Calendar No. 487.
What this bill does
S. 4487, the Small Business Artificial Intelligence Training Act of 2024, would require the Secretary of Commerce to develop training resources and toolkits for U.S. small businesses. These resources would focus on the adoption and use of artificial intelligence and other key emerging technologies. The bill also outlines that the training should cover areas such as prompt engineering, access to credit, financial management, business operations, cybersecurity, marketing, supply chain management, government contracting, and exporting.
The bill's provisions would primarily affect small businesses across the country, including those in rural, Tribal, or underserved communities, as well as those involved in advanced manufacturing. The Secretary of Commerce would be responsible for developing these materials, coordinating with the Small Business Administration for their distribution, and may establish a grant program for entities providing AI training to small businesses.
This bill was introduced in the Senate and has been ordered reported by the Committee on Commerce, Science, and Transportation with an amendment. It has not yet passed the Senate or the House of Representatives. If enacted, the law would take effect upon passage, with specific reporting and review requirements outlined within its text. The authorities and requirements would terminate three years after enactment.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Timeline
1 Aug 2024
Placed on Senate Legislative Calendar under General Orders. Calendar No. 487.
Common questions
- What does S. 4487 do?
- S. 4487, the Small Business Artificial Intelligence Training Act of 2024, would require the Secretary of Commerce to develop training resources and toolkits for U.S. small businesses. These resources would focus on the adoption and use of artificial intelligence and other key emerging technologies. The bill also outlines that the training should cover areas such as prompt engineering, access to credit, financial management, business operations, cybersecurity, marketing, supply chain management, government contracting, and exporting. The bill's provisions would primarily affect small businesses across the country, including those in rural, Tribal, or underserved communities, as well as those involved in advanced manufacturing. The Secretary of Commerce would be responsible for developing these materials, coordinating with the Small Business Administration for their distribution, and may establish a grant program for entities providing AI training to small businesses. This bill was introduced in the Senate and has been ordered reported by the Committee on Commerce, Science, and Transportation with an amendment. It has not yet passed the Senate or the House of Representatives. If enacted, the law would take effect upon passage, with specific reporting and review requirements outlined within its text. The authorities and requirements would terminate three years after enactment.
- Has S. 4487 become law?
- The source does not supply a confirmed lifecycle stage for S. 4487. Check the latest action and official source below.
- Who sponsored S. 4487?
- S. 4487 was sponsored by Sen. Cantwell, Maria [D-WA] (D-WA), with 2 cosponsors.
- What's the latest action on S. 4487?
- Placed on Senate Legislative Calendar under General Orders. Calendar No. 487. (1 Aug 2024).
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