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California: Bill on AI risk management standards read for first time in Assembly

On May 24, 2024, Senate Bill 892 Public contracts: automated decision systems: AI risk management standards was read for the first time in the California State Assembly. Prior to this, on May 23, 2024, the bill had passed its third reading in the California State Senate.

If enacted, the bill would require the Department of Technology to develop and adopt regulations to create an artificial intelligence (AI) risk management standard.

You can read the bill here and track its progress here.