RAISE Act

What it is

Responsible AI Safety and Education Act (RAISE Act), S6953B/A6453B as amended by S8828/A9449

Frontier developers training models above 10^26 FLOP; large frontier developers have at least $500 million in prior year revenue, including affiliates.

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

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 happens next

January 1, 2027: Law takes effect and the Department of Financial Services office begins oversight.

Status

Passed, not yet in force As of November 8, 2026, per the Control Map page for New York. Statuses follow the Control Map method: in force means binding and applying now; passed means enacted but not yet applying; voluntary covers guidance and pledges; proposed means formally introduced; stalled means withdrawn, paused or dead.

Sources

1. NY Overhauls Transparency and Governance Requirements for Frontier AI Developers Davis Wright Tremaine · Apr 14, 2026
2. NY Raise Act Chapter Amendments Signed by Gov. Hochul Privacy Daily · Mar 27, 2026
3. New York Enacts RAISE Act for AI Transparency Amid Federal Preemption Debate Davis Wright Tremaine · Dec 23, 2025