Passed, not yet in force
RAISE Act
Responsible AI Safety and Education Act (RAISE Act), S6953B/A6453B as amended by S8828/A9449
Key dates
- Introduced
- n/a
- Signed or adopted
- Dec 19, 2025
- Effective
- Jan 1, 2027
- Next step · in 54 days
- January 1, 2027
Law takes effect and the Department of Financial Services office begins oversight
Scope
Frontier developers training models above 10^26 FLOP; large frontier developers have at least $500 million in prior year revenue, including affiliates.
Penalties
Attorney General may seek up to $1 million for a first violation and up to $3 million for later violations, plus $1,000 per day for disclosure filing failures.
What it requires
- Publish a transparency report at or before deploying a new or substantially modified frontier model
- Large developers publish and annually review a frontier SI framework
- Report critical safety incidents to the DFS office within 72 hours, or 24 hours if there is imminent risk of death or serious injury
- Large developers submit quarterly summaries of internal catastrophic risk assessments to DFS
- Large developers file a disclosure statement every two years and pay a share of the office's costs
Sources
- NY Overhauls Transparency and Governance Requirements for Frontier AI Developers Davis Wright Tremaine · Apr 14, 2026
- NY Raise Act Chapter Amendments Signed by Gov. Hochul Privacy Daily · Mar 27, 2026
- New York Enacts RAISE Act for AI Transparency Amid Federal Preemption Debate Davis Wright Tremaine · Dec 23, 2025