Federal A.I. Governance and Transparency Act of 2024

Bill 118 hr 7532, also known as the Federal AI Governance and Transparency Act, is a piece of legislation introduced in the US Congress aimed at regulating the use of artificial intelligence (AI) technology within the federal government. The bill seeks to establish guidelines for the development and implementation of AI systems to ensure transparency, accountability, and ethical use.

One of the key provisions of the bill is the creation of a Federal AI Governance Board, which would be responsible for overseeing the use of AI technology within federal agencies. The board would be tasked with developing guidelines for the ethical use of AI, ensuring that AI systems are transparent and accountable, and promoting the responsible use of AI technology.

Additionally, the bill requires federal agencies to conduct regular audits of their AI systems to ensure compliance with the guidelines set forth by the Federal AI Governance Board. Agencies would also be required to report on the use of AI technology in their operations, including any potential risks or biases associated with the technology. Overall, the Federal AI Governance and Transparency Act aims to promote the responsible use of AI technology within the federal government, while also ensuring transparency and accountability in the development and implementation of AI systems. The bill is currently being reviewed by Congress and has garnered bipartisan support for its efforts to regulate AI technology in a fair and ethical manner.