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Small Business Artificial Intelligence Training Act of 2024
8/26/2024, 7:50 PM
Summary of Bill S 4487
Bill 118 s 4487, also known as the Small Business Artificial Intelligence Training Act of 2024, aims to provide training and resources for small businesses to effectively utilize artificial intelligence technology. The bill recognizes the growing importance of AI in the business world and seeks to ensure that small businesses are not left behind in this rapidly evolving field.
The key provisions of the bill include the establishment of a grant program to fund AI training programs for small businesses. These grants will be awarded on a competitive basis to organizations that demonstrate a commitment to providing high-quality, accessible training in AI technology. The bill also calls for the creation of a national AI training curriculum, which will serve as a standardized guide for small businesses looking to implement AI solutions in their operations.
Additionally, the bill includes provisions for the development of a national AI certification program, which will allow small businesses to demonstrate their proficiency in AI technology to customers and investors. This certification program will be overseen by a newly created AI Training Board, which will be responsible for setting standards and guidelines for AI training programs. Overall, the Small Business Artificial Intelligence Training Act of 2024 aims to level the playing field for small businesses in the rapidly expanding field of artificial intelligence. By providing access to training and resources, the bill seeks to empower small businesses to harness the power of AI technology and remain competitive in the modern economy.
The key provisions of the bill include the establishment of a grant program to fund AI training programs for small businesses. These grants will be awarded on a competitive basis to organizations that demonstrate a commitment to providing high-quality, accessible training in AI technology. The bill also calls for the creation of a national AI training curriculum, which will serve as a standardized guide for small businesses looking to implement AI solutions in their operations.
Additionally, the bill includes provisions for the development of a national AI certification program, which will allow small businesses to demonstrate their proficiency in AI technology to customers and investors. This certification program will be overseen by a newly created AI Training Board, which will be responsible for setting standards and guidelines for AI training programs. Overall, the Small Business Artificial Intelligence Training Act of 2024 aims to level the playing field for small businesses in the rapidly expanding field of artificial intelligence. By providing access to training and resources, the bill seeks to empower small businesses to harness the power of AI technology and remain competitive in the modern economy.
Read the Full Bill
Current Status of Bill S 4487
Bill S 4487 is currently in the status of Bill Introduced since June 11, 2024. Bill S 4487 was introduced during Congress 118 and was introduced to the Senate on June 11, 2024. Bill S 4487's most recent activity was Placed on Senate Legislative Calendar under General Orders. Calendar No. 487. as of August 1, 2024
Bipartisan Support of Bill S 4487
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4487
Primary Policy Focus
CommerceAlternate Title(s) of Bill S 4487
Small Business Artificial Intelligence Training Act of 2024
Small Business Artificial Intelligence Training Act of 2024
Small Business Artificial Intelligence Training and Toolkit Act of 2024
A bill to require the Secretary of Commerce to develop artificial intelligence training resources and toolkits for United States small businesses, and for other purposes.
Comments
Sponsors and Cosponsors of S 4487
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