Requires an office within the department of financial services to establish minimum standards for large frontier developers' frontier AI frameworks to prevent unreasonable levels of catastrophic risk.
STATE OF NEW YORK
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10456
IN SENATE
May 15, 2026
___________
Introduced by Sen. GOUNARDES -- read twice and ordered printed, and when
printed to be committed to the Committee on Internet and Technology
AN ACT to amend the general business law, in relation to requiring mini-
mum standards for large frontier developer's frontier AI frameworks
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The general business law is amended by adding a new section
2 1430 to read as follows:
3 § 1430. Minimum standards. 1. The office shall adopt regulations no
4 later than July first, two thousand twenty-eight pursuant to article two
5 of the state administrative procedure act to require large frontier
6 developers' frontier AI frameworks to meet minimum standards in order to
7 prevent unreasonable levels of catastrophic risk.
8 2. In developing regulations pursuant to this section, the office
9 shall consider industry best practices, national and international stan-
10 dards, and laws and regulations in other states and jurisdictions.
11 3. The office shall solicit feedback from academia, the Empire AI
12 research institute established under section three hundred sixty-one of
13 the economic development law, the attorney general, members of civil
14 society, frontier model developers, and foundation model developers in
15 drafting such regulations.
16 4. The office shall review the regulations promulgated under this
17 section on an annual basis. Where the office deems necessary, the office
18 shall update such regulations to account for changes in scientific
19 understanding of catastrophic risk, technical advancements in frontier
20 models, critical safety incidents that have occurred, and/or identified
21 gaps in existing regulations.
22 § 2. This act shall take effect on the thirtieth day after it shall
23 have become a law; provided, however, that if article 44-B of the gener-
24 al business law, as added by chapter 96 of the laws of 2026, shall not
25 have taken effect on or before such date then this act shall take effect
26 thirty days after such article takes effect.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD15886-01-6
