No AI Audits Act

Hozzl · 2024-04-02T17:00:26Z

Explore the details of House Bill 7694 No AI Audits Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

4/2/2024, 5:00 PM

Congressional Summary of HR 7694

No AI Audits Act

This bill prohibits the Internal Revenue Service (IRS) from conducting a taxpayer audit based upon the use of artificial intelligence (AI) unless it determines that such AI meets certain explainability principles established by the National Institute of Standards and Technology. Additionally, the bill requires that any investigation or examination of a taxpayer can only be selected or initiated by an IRS staff investigator.

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Current Status of Bill HR 7694

Bill HR 7694 is currently in the status of Bill Introduced since March 15, 2024. Bill HR 7694 was introduced during Congress 118 and was introduced to the House on March 15, 2024. Bill HR 7694's most recent activity was Referred to the House Committee on Ways and Means. as of March 15, 2024

Bipartisan Support of Bill HR 7694

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 7694

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 7694

No AI Audits Act

To amend the Internal Revenue Code of 1986 to limit the use of artificial intelligence at the Internal Revenue Service and to require tax investigations and examinations of taxpayers to be initiated by staff investigators.