,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #hjid  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #bf1 #bjbf,mr4   
,bey] 7= himself1 ,mr4 ,lawl]1 & ,ms4   
,jacobs7 introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,en]gy &      
,comm]ce  ,a ,,bill  ,to direct ! ,f$]al
 ,trade ,commission to e/abli%          
requirem5ts = mak+ in=mation available  
to ! public ab\t ! tra9+ data &         
algori?ms us$ 9 artificial intellig5ce  
f\ndation models1 & = o!r purposes4  #a4
 ,%ort title ,?is ,act may be cit$ z !  
,,ai ,f\ndation ,model ,transp>5cy ,act 
( #bjbf4  #b4 ,elem5ts ( f\ndation model
 transp>5cy  7a7 ,e/abli%m5t (          
requirem5ts ,n lat] ?an #a ye> aft] !   
date ( ! enactm5t ( ?is ,act1 !         
,commission1 9 consultation ) !         
,director ( ! ,national ,in/itute (     
,/&>ds & ,te*nology1 ! ,secret>y (      
,comm]ce1 ! ,director ( ! ,(fice (      
,sci5ce & ,te*nology ,policy1 & o!r     
relevant /akehold]s 7includ+ /&>ds      
bodies1 cov]$ entities1 academia1       

te*nology exp]ts1 & advocates = civil   
rights & consum]s71 %all d ! foll[+3    
7#a7 ,9 accordance ) section #eec (     
title #e1 ,unit$ ,/ates ,code1          
promulgate regulations t3 7,a7 ,e/abli% 
requirem5ts = cov]$ entities ) reg>d to 
f\ndation models to improve transp>5cy (
 tra9+ data1 docum5tation1 te/+1 data   
collection dur+ inf]5ce1 & op]ations (  
f\ndation models1 be=e comm]cial        
deploym5t & dur+ ! lifecycle ( ! sy/em4 
7,b7 ,include requirem5ts = a cov]$     
entity-- 7i7 to submit specifi$         
in=mation relat$ to ea* f\ndation model 
provid$ by ! entity to ! ,commission2 & 
7ii7 to make publicly available c]ta9   
in=mation relat$ to ea* f\ndation model 
provid$ by ! entity4  7,c7 ,specify ! =m
 & mann] 9 :i* ! in=mation describ$ 9   
subp>agraph 7,b77ii7 is made publicly   
available1 includ+ ! foll[+3  7i7       
,in=mation t is requir$ to be made      
available on ! website ( a cov]$ entity 
t relates to any f\ndation model provid$
 by ! entity4  7ii7 ,in=mation t is     

requir$ to be display$ 9 a c5tral       
location on a website ho/$ by !         
,commission1 includ+1 ) respect to a    
f\ndation model1 in=mation t is         
sub/antially simil> to ! in=mation      
requir$ "u clause 7i74  7iii7 ,in=mation
 submitt$ to ! ,commission t is n       
requir$ to be publicly display$1 includ+
 s5sitive or p]sonally id5tifiable data 
or in=mation1 or in=mation t w\ld       
compromise ! cyb]security ( ! f\ndation 
model4  7iv7 ,a requirem5t = a          
human-readable & consum]-fri5dly =mat to
 be us$ ) respect to ! in=mation        
describ$ 9 clause 7i74  7v7 ,a          
requirem5t = a ma*9e-readable =mat to be
 us$ ) respect to ! in=mation describ$  
"u clause 7ii74  7vi7 ,! ,,url = !      
c5tral location describ$ 9 clause 7ii74 
7,d7 ,provide an option = a cov]$ entity
 to be deem$ 9 compliance ) "s or all ( 
?is ,act if ! cov]$ entity publi%es !   
in=mation det]m9$ to be necess>y by !   
,commission pursuant to subsection      
7a77#a77;,a7 z "p ( a l>g] docum5t1     

includ+ a sy/em c>d or model c>d4  7,e7 
,specify a process = a cov]$ entity to  
submit ! in=mation requir$ "u           
subp>agraph 7,b77i7 to ! ,commission4   
7#b7 ,issue guidance to assi/ cov]$     
entities to comply ) ! /&>ds e/abli%$ "u
 p>agraph 7#a74  7b7 ,in=mation ,to     
include ,! ,commission %all include 9 ! 
regulations promulgat$ pursuant to      
subsection 7a77#a77;,a71 ) respect to a 
f\ndation model1 ! foll[+ in=mation3    
7#a7 ,a suffici5tly detail$ summ>y ( !  
s\rces ( tra9+ data1 h[ tra9+ data is   
collect$1 & :e!r & h[ data is collect$ &
 reta9$ dur+ inf]5ce4  7#b7 ,a broad    
description ( ! size & composition ( su*
 tra9+ data1 includ+ types ( demographic
 in=mation1 language in=mation1 & o!r   
attribute in=mation1 :ile acc\nt+ =     
privacy4  7#c7 ,a description ( data    
gov]nance proc$ures4  7#d7 ,a           
description ( ! int5d$ purposes & =ese5 
limitations or risks ( ! f\ndation      
model1 an ov]view ( pa/ edits to su*    
model1 ! v]sion & date ( release ( su*  

model1 ! k cut(f date ( ! tra9+ data (  
su* model1 & in=mation on adv]se incid5t
 monitor+ & response proc$ures4  7#e7 ,a
 li/ ( or in=mation ab\t languages      
support$ by ! model4  7#f7 ,a           
description ( ! ef=ts ( ! cov]$ entity  
to align ! f\ndation model & !          
transp>5cy ( su* model )--  7,a7 ! ,,ai 
,risk ,managem5t ,framework 7or any     
successor framework7 ( ! ,national      
,in/itute ( ,/&>ds & ,te*nology2  7,b7 a
 simil> ,f$]al ,gov]nm5t-approv$        
cons5sus te*nical /&>d2 or  7,c7 ! model
 specification ( any cov]$ entity1      
includ+ int5d$ model behavior or        
outcomes & gu>drails = ! model4  7#g7   
,p]=mance "u evaluation1 ei!r self-driv5
 or ?r\gh audit1 on public or indu/ry   
/&>d b5*m>ks1 includ+ :at precautions ! 
f\ndation model takes to answ] or       
respond to situations ) high] levels (  
risk ( provid+ inaccurate or h>mful     
in=mation1 includ+1 if su* model        
responds to su* que/ions1 relat+ to !   
foll[+3  7,a7 ,m$ical1 heal?1 or        

heal?c>e que/ions4  7,b7 ,biological1   
*emical1 radiological1 or nucle>        
weapons4  7,c7 ,national security4  7,d7
 ,cyb]security4  7,e7 ,?reats to        
critical infra/ructure4  7,f7           
,elections4  7,g7 ,law en=cem5t4  7,h7  
,f9ancial loan or h\s+ decisions4  7,i7 
,education4  7,j7 ,employm5t or hir+    
decisions4  7,k7 ,public s]vices4  7,l7 
,in=mation relat+ to vuln]able          
populations1 includ+ m9ors & s5iors4    
7#h7 ,in=mation on ! computational p[]  
us$ to tra9 & op]ate a f\ndation model4 
7c7 ,exemptions = specific types (      
f\ndation models ,a fully op5-s\rce     
model is exempt f ! regulations         
promulgat$ by ! ,commission pursuant to 
subsection 7a74  7d7 ,consid]ation (    
alt]native provisions = d[n/ream        
f\ndation models ,9 promulgat+ !        
regulations & issu+ ! guidance requir$  
by subsection 7a71 ! ,commission %all   
require t a cov]$ entity f\ndation model
 t is d]iv$ f or built ^u ano!r cov]$   
entity f\ndation model1 includ+ ?r\gh ! 

use ( an application programm+          
int]face--  7#a7 %all publicly provide a
 ,,url to ! transp>5cy disclosure       
website ( ! base f\ndation model if !   
base model is 9 compliance ) !          
regulations promulgat$ 9 subsection 7a72
 &  7#b7 %all comply ) regulations      
promulgat$ 9 subsection 7a7 relat$ to   
any significant *ange1 retra9+1 or      
adaptation f su* base f\ndation model4  
7e7 ,alt]native provisions = c]ta9 cov]$
 entities ,! ,commission %all e/abli% a 
plan to assi/ small bus9esses & new     
bus9esses t are cov]$ entities )        
compliance ) ! regulations promulgat$   
pursuant to subsection 7a7 & to r$uce ! 
burd5s impos$ by su* regulations1       
includ+ by3 7#a7 ,publi%+ guidance =    
compliance1 includ+ sample guidance & a 
ma*9e-readable template1 to be jo9tly   
develop$ by ! ,commission & ! ,director 
( ! ,national ,in/itute = ,/&>ds &      
,te*nology1 = su* cov]$ entities to use 
t w facilitate compliance ) su*         
regulations4  7#b7 ,provid+ "o ?ree-mon?

 grace p]iod beg9n+ on ! date on :i* a  
small bus9ess or new bus9ess becomes a  
cov]$ entity dur+ :i* su* cov]$ entity  
is n subject to p5alties "u ?is ,act or 
any regulation promulgat$ pursuant to   
?is ,act4  7#c7 ,provid+ a qualifi$1    
te*nically pr(ici5t repres5tative to    
meet on multiple occasions dur+ su*     
grace p]iod ) su* cov]$ entity to       
provide guidance to assi/ ! cov]$ entity
 ) compliance ) ! regulations promulgat$
 pursuant to subsection 7a74  7f7       
,f\ndation model res\rces page requir$  
,n lat] ?an #a ye> aft] ! date ( !      
enactm5t ( ?is ,act1 ! ,commission %all 
e/abli% a web page on ! website ( !     
,commission t includes recomm5dations on
 f\ndation model transp>5cy = f\ndation 
model develop]s or d[n/ream deploy]s ( a
 f\ndation model t are n cov]$ entities1
 includ+ recomm5d$ res\rces su* z ! ,,ai
 ,risk ,managem5t ,framework ( !        
,national ,in/itute ( ,/&>ds &          
,te*nology4  7g7 ,p]mitt$ r$actions     
7#a7 ,9 g5]al ,if a cov]$ entity        

publi%es docum5ts or submits in=mation  
to ! ,commission to comply ) ?is ,act1 !
 cov]$ entity may make r$actions to ^?  
docum5ts t are necess>y-- 7,a7 to       
protect ! cyb]security & security ( !   
cov]$ entity or model1 public safety1 or
 ! national security ( ! ,unit$ ,/ates2 
or  7,b7 to comply ) any ,f$]al law4    
7#b7 ,id5tification ( r$actions ,any    
r$action %all be briefly id5tifi$ &     
ju/ifi$ 9 ! publication or submission4  
7h7 ,applicability ( regulations ,!     
regulations requir$ by subsection       
7a77#a7 %all apply beg9n+ on ! date t is
 #ij days aft] ! date on :i* !          
,commission promulgates su* regulations4
  7i7 ,updates ,n lat] ?an #a ye> aft] !
 date on :i* ! ,commission promulgates !
 regulations requir$ by subsection      
7a77#a71 & annually !reaft]1 !          
,commission1 9 consultation ) !         
,director ( ! ,national ,in/itute (     
,/&>ds & ,te*nology & ! ,secret>y (     
,comm]ce1 %all assess ! requirem5ts     
e/abli%$ by ! regulations & update !    

regulations to incorporate any necess>y 
update to su* requirem5ts4  7j7         
,en=cem5t by ,f$]al ,trade ,commission  
7#a7 ,unfair or deceptive acts or       
practices ,a violation ( a regulation   
promulgat$ "u subsection 7a77#a7 %all be
 treat$ z a violation ( a regulation "u 
section #ah7;a77#a77;,b7 ( ! ,f$]al     
,trade ,commission ,act 7#ae ,u4,s4,c4  
#eg;a7a77#a77;,b77 reg>d+ unfair or     
deceptive acts or practices4  7#b7 ,p[]s
 ( ,commission ,except z provid$ 9      
subsection 7l77#c77;,c7--  7,a7 !       
,commission %all en=ce ! regulations    
promulgat$ "u subsection 7a77#a7 9 !    
same mann]1 by ! same means1 & ) ! same 
jurisdiction1 p[]s1 & duties z ?\gh all 
applicable t]ms & provisions ( ! ,f$]al 
,trade ,commission ,act 7#ae ,u4,s4,c4  
#da et seq47 7 incorporat$ into & made a
 "p ( ?is section2  7,b7 any cov]$      
entity t violates a regulation          
promulgat$ "u subsection 7a77#a7 %all be
 subject to ! p5alties & entitl$ to !   
privileges & immunities provid$ 9 !     

,f$]al ,trade ,commission ,act2 &  7,c7 
! ,commission %all provide cov]$        
entities ) notice t !y are cov]$        
entities n less ?an f\rte5 days be=e    
tak+ any en=cem5t action4  7k7 ,report  
,n lat] ?an #a ye> aft] ! date ( !      
enactm5t ( ?is ,act1 ! ,commission %all 
submit to ! ,committee on ,en]gy &      
,comm]ce & ! ,committee on ,sci5ce1     
,space1 & ,te*nology ( ! ,h\se (        
,repres5tatives & ! ,committee on       
,comm]ce1 ,sci5ce1 & ,transportation ( !
 ,s5ate a report on ! e/abli%m5t1       
implem5tation1 & en=cem5t ( !           
regulations issu$ pursuant to subsection
 7a77#a74  7l7 ,def9itions ,9 ?is       
section3 7#a7 ,artificial intellig5ce ,!
 t]m artificial intellig5ce has ! mean+ 
giv5 t t]m 9 section #ejjb ( ! ,national
 ,artificial ,intellig5ce ,initiative   
,act ( #bjbj 7#ae ,u4,s4,c4 #idja2      
,public ,law #aaf-bhc74  7#b7           
,commission ,! t]m ,commission means !  
,f$]al ,trade ,commission4  7#c7 ,cov]$ 
entity  7,a7 ,9 g5]al ,! t]m cov]$      

entity means any p]son1 p>tn]%ip1 or    
corporation describ$ 9 subp>agraph 7,c7 
t provides use ( or s]vices f a         
f\ndation model :i* does any ( ! foll[+3
  7i7 ,exhibits1 or c\ld be easily      
modifi$ to exhibit1 high levels (       
p]=mance at tasks t c\ld pose a         
significant risk to security1 national  
economic security1 consum] protection1  
civil rights1 national public heal? or  
safety1 or any comb9ation ( ^? matt]s4  
7ii7 ,has1 9 aggregate1 ov] #aj1jjj1jjj 
mon?ly us]s1 includ+ us]s ( second p>ty 
entities t use su* model4  7iii7 ,has 9 
aggregate1 ov] #aj1jjj1jjj mon?ly       
f\ndation model d[nload in/ances if !   
model is typically d[nload$ once = use  
by a us]4  7iv7 ,0 tra9$ us+ a quantity 
( comput+ p[] great] ?an #ajbf integ] or
 float+ po9t op]ations1 includ+ comput+ 
us$ by ! entity = ! orig9al tra9+ run & 
= any subsequ5t f9e-tun+1 re9=cem5t     
le>n+1 or o!r mat]ial modifications !   
entity applies4  7,b7 ,updat+ ( ?re%olds
 ,! ,commission1 9 consultation ) !     

,director ( ! ,national ,in/itute (     
,/&>ds & ,te*nology1 ! ,secret>y (      
,comm]ce1 & ! ,director ( ! ,(fice (    
,sci5ce & ,te*nology ,policy1 may1 by   
regulation promulgat$ 9 accordance )    
section #eec ( title #e1 ,unit$ ,/ates  
,code1 update ! numb] ( mon?ly output   
in/ances = purposes ( subp>agraph       
7,a77i71 ! numb] ( mon?ly us]s =        
purposes ( subp>agraph 7,a77ii71 ! numb]
 ( mon?ly f\ndation model d[nload       
in/ances = purposes ( subp>agraph       
7,a77iii71 or ! quantity ( comput+ p[] =
 purposes ( subp>agraph 7,a77iv7 z !    
,commission consid]s appropriate4  7,c7 
,p]sons1 p>tn]%ips1 & corporations      
describ$ ,! p]sons1 p>tn]%ips1 &        
corporations describ$ 9 ?is subp>agraph 
are--  7i7 any p]son1 p>tn]%ip1 or      
corporation ov] :i* ! ,commission has   
jurisdiction "u section #e7;a77#b7 ( !  
,f$]al ,trade ,commission ,act 7#ae     
,u4,s4,c4 #de7;a77#b772 &  7ii7 not)/&+ 
section #d1 #e7;a77#b71 or #f ( ! ,f$]al
 ,trade ,commission ,act 7#ae ,u4,s4,c4 

#dd2 #de7;a77#b72 #df7 or any           
jurisdictional limitation ( !           
,commission--  7,i7 any common c>ri]    
subject to ! ,communications ,act (     
#aicd 7#dg ,u4,s4,c4 #aea et seq47 & all
 ,acts am5datory !re( & supplem5t>y     
!reto2 &  7,,ii7 any organization n     
organiz$ to c>ry on bus9ess = its own   
pr(it or t ( its memb]s4  7#d7 ,critical
 infra/ructure ,! t]m critical          
infra/ructure has ! mean+ giv5 t t]m 9  
subsection 7e7 ( ! ,critical            
,infra/ructures ,protection ,act ( #bjja
 7#db ,u4,s4,c4 #eaie;c7e774  7#e7      
,f\ndation model  7,a7 ,9 g5]al ,! t]m  
f\ndation model means an artificial     
intellig5ce model t meets ! foll[+      
requirem5ts3  7i7 ,is tra9$ on broad    
data4  7ii7 ,g5]ally uses               
self-sup]vision4  7iii7 ,g5]ally conta9s
 at lea/ #a1jjj1jjj1jjj p>amet]s4  7iv7 
,is design$ = g5]ality ( output4  7v7   
,is g5]ally applicable across a wide    
range ( contexts1 adaptable to a wide   
range ( tasks1 or c issue a wide range (

 outputs 9 response to inf]5ces4  7,b7  
,effect ( te*nical safegu>ds ,! t]m     
f\ndation model includes an artificial  
intellig5ce model o!rwise describ$ 9    
subp>agraph 7,a7 ev5 if su* model is    
provid$ to us]s ) te*nical safegu>ds t  
attempt to prev5t us]s f tak+ advantage 
( any relevant capabilities t may be    
unsafe = consum] use4  7#f7 ,inf]5ce ,! 
t]m inf]5ce means1 ) respect to a       
f\ndation model1 :5 su* f\ndation model 
is op]at$ by a us] to produce a result4 
7#g7 ,m9or ,! t]m m9or means any        
individual "u ! age ( #ah ye>s4  7#h7   
,new bus9ess ,! t]m new bus9ess means a 
/>tup or o!r new bus9ess t has be5 9    
op]ation = less ?an #a ye>4  7#i7 ,s5ior
 ,! t]m s5ior means an individual :o is 
#fe ye>s ( age or old]4  7#aj7 ,small   
bus9ess ,! t]m small bus9ess has ! mean+
 giv5 ! t]m small bus9ess conc]n 9      
section #c7;a7 ( ! ,small ,bus9ess ,act 
7#ae ,u4,s4,c4 #fcb7;a774  7#aa7 ,tra9+ 
data ,! t]m tra9+ data means1 ) respect 
to a f\ndation model1 ! data on :i* su* 

f\ndation model 0 tra9$4