S3982Referred to Committee
AI Fraud Accountability Act of 2026
Introduced
In Committee
3
Passed One Chamber4
Passed Both5
Signed into Law119th
Congress
2026-03-04
Introduced
1
Cosponsors
S
ⓘType
Sponsor
Tim Sheehy
Republican · MT · Senator
Votes with party: 34.5% (316 recorded votes)
Full profile: /officials/S001232
Source: Congress.gov · FEC
Cosponsors (1)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Read twice and referred to the Committee on Commerce, Science, and Transportation.
2026-03-04
Source: Congress.gov
Plain-English Summary
This bill would create rules to hold companies accountable when they use artificial intelligence systems to commit fraud or deceive consumers. It likely establishes penalties for businesses that deploy AI to scam people, steal money, or spread false information, while potentially requiring companies to disclose when they're using AI in ways that could harm customers. The law would affect tech companies, financial institutions, and other businesses that use AI in their operations.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
Subjects
Commerce
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