VET Artificial Intelligence Act

Support for continued investor protections under Sarbanes-Oxley; Issues impacting the accounting and auditing profession; Independence of accounting setting; PCAOB matters, including disciplinary proceedings; Holding Foreign Companies Accountable Act, The Trusted Foreign Auditing Act of 2023 (H.R. 6769/S. 3494); Anti-money laundering provisions including gatekeeper requirements; Digital assets and cryptocurrency draft legislation; RECOUP Act of 2023 (S. 2190); VET Artificial Intelligence Act (S. 4769), issues related to Artificial Intelligence (AI) accountability and attest; Streamlining Public Company Accounting Oversight Act (H.R. 8228); Issues related to oversight of international accounting business.

Client expense: $840,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

General issues related to Science, Technology, Engineering and Math (STEM) Open-source software Cloud computing Quantum computing AI principles R&D on artificial intelligence, machine learning, and quantum information science Semiconductor supply chain and domestic production Generative AI CHIPS and Science Act implementation Strengthening Agency Management and Oversight of Software Assets (SAMOSA) Act S. 2691 / H.R. 4223 - National AI Commission Act S. ___ - SAFE Innovation in the AI Age S. 2871 / H.R. 4891 - Multi-Cloud Innovation and Advancement Act H.R. 6213/S.___ - National Quantum Initiative Reauthorization S.1993 - No Section 230 for AI Act S. 4178 - Future of AI Innovation Act S. 4236 - AI Grand Challenges Act S. 2714 - CREATE AI Act S. 4394 - NSF AI Education Act of 2024 S. 3162 - TEST AI Act S. 4487 - Small Business AI Training Act S. 3849 - Promoting United States Leadership in Standards Act S. 4596 - Artificial Intelligence Public Awareness and Education Campaign Act S. 4569 - Take It Down Act S. 4769 - VET AI Act H.R. 9215 - Workforce for AI Trust Act S. 4639 - Expanding Partnerships for Innovation and Competitiveness Act (EPIC) Act H.R. 9403 - Expanding AI Voices Act H.R. 9211 - LIFT AI Act H.R. 9497 - AI Advancement and Reliability Act of 2024

Client expense: $3,070,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 4769, the Validation and Evaluation for Trustworthy (VET) Artificial Intelligence Act

Client expense: $400,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 742, Telling Everyone the Location of Data Leaving the U.S. (TELL) Act H.R. 750, Chinese-owned Applications Using The Information of Our Nation (CAUTION) Act of 2023 H.R. 784, Internet Application I.D. Act H.R. 1050, Data Science and Literacy Act H.R. 1165, Data Privacy Act of 2023 H.R. 1341, Spectrum Coordination Act H.R. 3369, Artificial Intelligence Accountability Act H.R. 3459/S. 307, Increasing Competitiveness for American Drones Act of 2023 H.R. 3557, American Broadband Deployment Act of 2023 H.R. 4814, Consumer Safety Technology Act H.R. 5077, Create AI Act H.R. 5527, Modernizing Government Technology (MGT) Reform Act of 2023 H.R. 5628/S. 2892, Algorithmic Accountability Act H.R. 6929/S. 3565, Affordable Connectivity Program Extension Act of 2024 H.R. 7116, Do Not Disturb Act H.R. 7520, Protecting Americans Data from Foreign Adversaries Act of 2024 H.R. 7532, Federal AI Governance and Transparency Act H.R. 7890/S.1418, Children and Teens Online Privacy Protection Act H.R. 7891/S.1409, Kids Online Safety Act H.R. 8070, Servicemember Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025 H.R. 8315, Enhancing National Frameworks for Overseas Critical Export Act (ENFORCE Act) H.R. 8673, Expanding Partnerships for Innovation and Competitiveness (EPIC) Act H.R. 8818, American Privacy Rights Act of 2024 H.R. 9197, Small Business Artificial Intelligence Advancement Act H.R. 9551/S. 4875, No FAKES Act of 2024 H.R. 9766, Undersea Cable Security and Protection Act S. 931, Strengthening Agency Management and Oversight of Software Assets Act S. 1094, Journalism Competition and Preservation Act (JCPA) of 2023 S. 1212, Securing and Enabling Commerce Using Remote and Electronic (SECURE) Notarization Act S. 1671, Digital Platform Commission Act S. 1865, Transparent Automated Governance Act S. 1873, Global Technology Leadership Act S. 1993, No Section 230 immunity in AI Act S. 2032 Legacy IT Reduction Act of 2023 S. 2238, Plan for Broadband Act S. 2321, Commerce, Justice, Science, and Related Agencies Appropriations Act, 2024 S. 3162, TEST AI Act of 2023 S. 3312, Artificial Intelligence (AI) Research, Innovation, and Accountability Act of 2023 S. 3849, Promoting United States Leadership in Standards Act of 2024 S. 3959, Transportation Security Screening Modernization Act S. 4178, Future of AI Innovation Act S. 4207, Spectrum and National Security Act of 2024 S. 4495, Promoting Responsible Evaluation and Procurement to Advance Readiness for Enterprise-wide Deployment (PREPARED) for AI Act S. 4569, TAKE IT DOWN Act S. 4596, Artificial Intelligence Public Awareness and Education Campaign Act S. 4630, Streamlining Federal Cybersecurity Regulations Act S. 4769, VET Artificial Intelligence Act H.J.Res. 100/S.J.Res.50, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure H.J.Res.153, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Federal Communications Commission relating to "Safeguarding and Securing the Open Internet; Restoring Internet Freedom" Draft legislation titled American Privacy Rights Act (APRA) Draft legislation titled FTC Procedural Reform Draft legislation on improvements to the Paperwork Reduction Act Draft legislation around collection and sharing of government data Draft legislation around deepfakes Potential legislation similar to S.2836, Preventing Emerging Threats Act of 2018 Potential Foreign Intelligence Surveillance Act legislation Potential legislation related to the American Data Privacy Protection Act Potential legislation related to Artificial Intelligence Proposed Rule, Federal Trade Commission; Children's Online Privacy Protection Rule (89 Fed. Reg. 2,034-2,076, January 11, 2024) Advanced Notice of Proposed Rulemaking at the Federal Trade Commission on Commercial Surveillance (87 Fed. Reg. 51,273-51,299, August 8, 2022) Various issues relating to expanding access to high-speed broadband internet service; broadband infrastructure and deployment, including permitting reform; nominations at the Federal Trade Commission (FTC); technology and economic relief; intermediary liability; potential federal privacy legislation; facial recognition technology; net neutrality; internet of things (IoT) devices; digital trade; intellectual property; World Intellectual Property Organization activities; artificial intelligence regulation, standards, research, and development; robocalls and the Telephone Consumer Protection Act (TCPA) (P.L. 102-243); implementation of the Childrens Online Privacy Protection Act (P.L. 105-277); implementation of the American Rescue Plan including provisions relating to the Technology Modernization Fund (P.L. 117-2); implementation of Clarifying Lawful Overseas Use of Data (CLOUD) Act (P.L. 115-141); implementation of the OPEN Government Data Act (P.L. 115-435); funding for National Defense Authorization Act (P.L. 116-92); implementation of the Drivers Privacy Protection Act (P.L. 103-322); implementation of the Infrastructure Investment and Jobs Act (P.L. 117-58); implementation of the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act, (P.L. 117-167), including provisions relating to stock buybacks; implementation of the Department of Commerces semiconductor incentives program funded by the CHIPS and Science Act (P.L. 117-167); implementation of the National Artificial Intelligence Research Resource (NAIRR) Task Force Authorization, enacted as part of the FY 2021 National Artificial Intelligence Initiative Act of 2020 (P.L.116-283); appropriating funding for the Public Wireless Supply Chain Fund and the Multilateral Telecommunications Security Fund; Executive Order 13859, Maintaining American Leadership in Artificial Intelligence; Executive Order 13984, Taking Additional Steps to Address the National Emergency with Respect to Significant Malicious Cyber-Enabled Activities; Executive Order 14017, Executive Order on America's Supply Chains; Executive Order 14110, Safe, Secure, and Trustworthy Development and Use of AI; Consumer Cybersecurity Labeling Pilots; Feedback to NIST on AI Risk Management: Future of the FCC Universal Service Fund; European Unions Artificial Intelligence Act; FTC enforcement; potential Executive Order on identity theft; Technology Modernization Fund in Financial Services and General Government proposed appropriations legislation; appropriations for the Federal Trade Commission; draft National Institute of Standards and Technology (NIST) guidance on Federal Internet of Things Device Cybersecurity; security criteria for Internet of Things (IoT) Devices; draft Consumer Software Labeling Criteria; modernization of IT services for Congress; the Administrations Counter Unmanned Aircraft Systems (UAS) Action Plan; use of third-party messaging apps by corporate employees; NIST Cybersecurity Framework 2.0 concept paper, Potential Significant Updates to the Cybersecurity Framework; implementation of the International Technology Security and Innovation Fund (ITSI Fund); Federal Trade Commission activities, including hearings on competition and consumer protection, franchise rule and earnings rule; Solicitation for Public Comments on the Business Practices of Cloud Computing Providers (Docket ID FTC-2023-0028); use of artificial intelligence in CFTC-regulated markets; support for a robust global framework for facilitation of digital trade; Canada Digital Services Tax - C-59, An Act to implement certain provisions of the fall economic statement; implementation of the National Institute of Standards and Technology (NIST) Standards Strategy Implementation Roadmap; Office of Science and Technology Policies Blueprint for an AI Bill of Rights; semiconductor permitting; oversight issues pertaining to the Department of Commerce, FCC, OSTP, and the FTC; algorithmic issues in employment; national spectrum strategy; FCC enforcement reform; Team Telecom reform; NextNav rulemaking petition

Client expense: $22,410,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Natl Aeronautics & Space Administration (NASA), Natl Highway Traffic Safety Administration (NHTSA), Natl Institute of Standards & Technology (NIST), Natl Oceanic & Atmospheric Administration (NOAA), Natl Science Foundation (NSF), Natl Telecommunications & Information Administration (NTIA), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Patent & Trademark Office (PTO), SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), Treasury, Dept of, Veterans Affairs, Dept of (VA)

Cybersecurity. Artificial Intelligence. S.4769 - VET Artificial Intelligence Act.

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 2714/H.R.5077, CREATE AI Act; provisions related to the National Artificial Intelligence Research Resource (NAIRR). S.4769, the Validation & Evaluation for Trustworthy AI Act; provisions related to concerns to jawboning and "voluntary" guidelines. H.R. 9466; AI Development Practices Act. provisions related to best practices for NIST on development, assessment, and release of AI. S.3312, Artificial Intelligence Research, Innovation, and Accountability Act; provisions related to concerns to enforcement and certification. S.4487, Small Business AI Training and Toolkit Act; provisions related to about concerns relating to the grant program. H.R. 9197; Small Business Artificial Intelligence Advancement Act - provisions related to development of resources for small businesses in utilizing artificial intelligence. S. 4394/H.R. 9402; NSF AI Education Act - provisions related to scholarships in AI Education. H.R. 9215, the Workforce for AI Trust Act - provisions related to NSF fellowship recruitment standards. S.3162, TEST AI Act; - provisions related to establishing test beds for artificial intelligence. S.3849, Promoting US Leadership in Standards Act; - provisions related to their pilot program to promote standards meetings for artificial intelligence and other emerging technologies. H.R. 9466, AI Development Practices Act; - provisions related to best practices for NIST on development, assessment, and release of AI. H.R. 9497, AI Advancement and Reliability Act; - provisions related to establishing a national center on artificial intelligence. S.4178, Future of Artificial Intelligence Act; - provisions related to the Artificial Intelligence Safety Institute. issues related to artificial intelligence and the upcoming release of the report from the House Task Force on Artificial Intelligence.

Client expense: $210,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legislative monitoring and outreach related to technology issues involving 5G H.R. 1377, Promoting United States Wireless Leadership Act of 2023 H.R. 1340, Open RAN Outreach Act H.R. 285, Cybersecurity Vulnerability Remediation Act H.R. 1123, Understanding Cybersecurity of Mobile Networks Act S. 686, RESTRICT Act S. 917, Securing Open Source Software Act of 2023 H.R. 1135, Connecting Economic Coercion Act Legislative monitoring and outreach relating to artificial intelligence issues Legislative monitoring and outreach relating to outbound investment issues Legislative monitoring and outreach relating to cybersecurity issues H.R. 4891, Multi-Cloud Innovation and Advancement Act S. 2871, Multi-Cloud Innovation and Advancement Act S. 2714, CREATE AI Act H.R. 5077, CREATE AI Act H.R. 4370, PREVAIL Act S. 2220, PREVAIL Act S. 3565, Affordable Connectivity Program Extension Act H.R. 5886, Promoting Access to Broadband Act H.R. 6929, appropriating funds for the Affordable Connectivity Program Legislative monitoring and outreach relating to the Affordable Connectivity Program Legislative monitoring and outreach relating to Open RAN regulation and funding Legislative monitoring and outreach relating to data security Legislative monitoring and outreach relating to small business size standards S. 2140, Patent Eligibility Restoration Act H.R. 8818, American Privacy Rights Act H.R. 8070, Servicemember Quality of Life Improvement and National Defense Authorization Act S. 4638, National Defense Authorization Act for Fiscal Year 2025 H.R. 7520, Protecting Americans Data from Foreign Adversaries Act H.R. 7521, Protecting Americans from Foreign Adversary Controlled Applications Act H.R. 8315, ENFORCE Act H.R. 8152, Remote Access Security Act H.R. 8361, Economic Espionage Prevention Act H.R. 6571, Promoting Resilient Supply Chains Act H.R. 3882, Leveling the Playing Field 2.0 Act S. 1856, Leveling the Playing Field 2.0 Act H.R. 762, Building Resilient Supply Chains Act S. 4375, Promoting Resilient Supply Chains Act H.R. 796, Supply Chain Mapping and Monitoring Act H.R. 8924, Protecting American Innovation and Development Act S. 3162, TEST AI Act S. 3849, Promoting U.S. Leadership in Standards Act S. 4178, Future of AI Innovation Act S. 4394, NSF AI Education Act S. 4495, Prepared for AI Act S. 4769, Validation and Evaluation for Trustworthy AI Act S. 4753, Energy Permitting Reform Act H.R. 8631, Decoupling from Foreign Adversary Battery Dependence Act S. 4651, Securing Americas Federal Equipment (SAFE) in Supply Chains Act S. 4715, Federal Cyber Workforce Training Act S. 4630, Streamlining Federal Cybersecurity Regulations Act S. 4697, Healthcare Cybersecurity Act (S. 4697) H.R. 5527, Modernizing Government Technology Reform Act S. 5436, Protecting AI and Cloud Competition in Defense Act

Client expense: Not reported · Firm income: $80,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office

S.2765 - A bill to require a watermark for AI-generated materials, and for other purposes. (Pete Ricketts, R-NE) H.R.5808 - To establish the Task Force on Artificial Intelligence in the Financial Services Sector to report to Congress on issues related to artificial intelligence in the financial services sector, and for other purposes. (Brittany Pettersen, D-CO-7) S.3050 - A bill to require a report on artificial intelligence regulation in the financial services industry, to establish artificial intelligence bug bounty programs, to require a vulnerability analysis study for artificial intelligence-enabled military applications, and to require a report on data sharing and coordination, and for other purposes. (Mike Rounds, R-SD) S.3205 - A bill to require Federal agencies to use the Artificial Intelligence Risk Management Framework developed by the National Institute of Standards and Technology with respect to the use of artificial intelligence. (Jerry Moran, R-KS) S.3312 - A bill to provide a framework for artificial intelligence innovation and accountability, and for other purposes. (John Thune, R-SD) S.3478 - To require agencies that use, fund, or oversee algorithms to have an office of civil rights focused on bias, discrimination, and other harms of algorithms, and for other purposes. (Ed Markey, D-MA) H.R.6936 - To require Federal agencies to use the Artificial Intelligence Risk Management Framework developed by the National Institute of Standards and Technology with respect to the use of artificial intelligence. (Ted Lieu, D-CA-36) S.3792 - A bill to expand the functions of the National Institute of Standards and Technology to include workforce frameworks for critical and emerging technologies, to require the Director of the National Institute of Standards and Technology to develop an artificial intelligence workforce framework, and periodically review and update the National Initiative for Cybersecurity Education Workforce Framework for Cybersecurity, and for other purposes. (Gary Peters, D-MI) S.3888 - A bill to mandate the use of artificial intelligence by Federal agencies to adapt to extreme weather, and for other purposes. (Brian Schatz, D-HI) S.3975 - A bill to require companies to receive consent from consumers to having their data used to train an artificial intelligence system. (Peter Welch, D-VT) S.4596 - A bill to require the Secretary of Commerce to conduct a public awareness and education campaign to provide information regarding the benefits of, risks relating to, and the prevalence of artificial intelligence in the daily lives of individuals in the United States, and for other purposes. (Todd Young, R-IN) H.R.9197 - To require the Director of the National Institute of Standards and Technology to develop resources for small businesses in utilizing artificial intelligence, and for other purposes. (Mike Collins, R-GA-10) H.R.9215 - To facilitate the growth of multidisciplinary and diverse teams that can advance the development and training of safe and trustworthy artificial intelligence systems, and for other purposes. (Zoe Lofgren, D-CA-18) S.4769 - A bill to require the Director of the National Institute of Standards and Technology to develop voluntary guidelines and specifications for internal and external assurances of artificial intelligence systems, and for other purposes. (John Hickenlooper, D-CO) S.4870 - A bill to require reports on artificial intelligence regulation in the financial services industry. (Mike Rounds, R-SD) S.4976 - A bill to require the Office of Information and Communication Technology Services and other Federal agencies to develop a list of artificial intelligence products and services, and for other purposes. (Marco Rubio, R-FL) H.R.9498 - TAME Extreme Weather Act (Scott Franklin, R-FL-18) Senate Version: S.3888 - TAME Extreme Weather Act (Brian Schatz, D-HI)

Client expense: $440,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Executive branch initiatives on artificial intelligence pursuant to EO 14110 Congressional proposals on artificial intelligence, including S.3312, S.2714, S.3696, S.4178, S. 4495, S.4769, H.R. 8315, H.R. 5077, H.R. 9402, H.R. 9197, H.R. 9211, H.R. 9215, H.R. 9403, the AI Development Practices Act, and the AI Advancement and Reliability Act Administration cybersecurity policy and congressional proposals on cybersecurity Congressional proposals on data policy, including H.R. 7520 (PADFAA), H.R. 4639, the American Privacy Rights Act Executive branch initiatives on data policy, including EO 14117 and related rulemaking FinCEN beneficial ownership information access under the Corporate Transparency Act (CTA) Congressional proposals on kids online privacy and safety, including S.1409, H.R. 7891, S.1418, H.R. 7890, S.1207, H.R.2732, S.1291, S.1199 S. 4569 (TAKE IT DOWN Act) H.R. 7569 (DEFIANCE Act)

Client expense: $833,690 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE

Issues related to artificial intelligence (AI) and algorithms Issues related to generative artificial intelligence (AI) and machine learning Issues related to data security and privacy National AI Commission Act (H.R. 4223) Algorithmic Accountability Act (H.R. 5628 / S. 2892) AI Disclosure Act (H.R. 3831) Algorithmic Justice and Online Transparency Act (H.R. 4624 / S. 2325) AI Accountability Act (H.R. 3369) Artificial Intelligence Research, Innovation and Accountability Act (S. 3312) AI Leadership to Enable Accountable Deployment Act (S. 2293) AI Labeling Act (S. 2691) CREATE AI Act (H.R. 5077 / S. 2714) DEEPFAKES Accountability Act (H.R. 5586) Artificial Intelligence Literacy Act of 2023 (H.R. 6791) TEST AI Act of 2023 (S. 3162) AI Consent Act (S. 3975) Future of AI Innovation Act (S. 4178) NO FAKES Act (yet to be introduced) AI Foundation Model Transparency Act of 2023 (H.R. 6881) Content Origin Protection and Integrity from Edited and Deepfake Media Act of 2024 (S. 4674) VET AI Act (S. 4769) Artificial Intelligence Public Awareness and Education Campaign Act (S. 4596)

Client expense: $210,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S.2765 - A bill to require a watermark for AI-generated materials, and for other purposes. (Pete Ricketts, R-NE) H.R.5808 - To establish the Task Force on Artificial Intelligence in the Financial Services Sector to report to Congress on issues related to artificial intelligence in the financial services sector, and for other purposes. (Brittany Pettersen, D-CO-7) S.3050 - A bill to require a report on artificial intelligence regulation in the financial services industry, to establish artificial intelligence bug bounty programs, to require a vulnerability analysis study for artificial intelligence-enabled military applications, and to require a report on data sharing and coordination, and for other purposes. (Mike Rounds, R-SD) S.3205 - A bill to require Federal agencies to use the Artificial Intelligence Risk Management Framework developed by the National Institute of Standards and Technology with respect to the use of artificial intelligence. (Jerry Moran, R-KS) S.3312 - A bill to provide a framework for artificial intelligence innovation and accountability, and for other purposes. (John Thune, R-SD) S.3478 - To require agencies that use, fund, or oversee algorithms to have an office of civil rights focused on bias, discrimination, and other harms of algorithms, and for other purposes. (Ed Markey, D-MA) H.R.6936 - To require Federal agencies to use the Artificial Intelligence Risk Management Framework developed by the National Institute of Standards and Technology with respect to the use of artificial intelligence. (Ted Lieu, D-CA-36) S.3792 - A bill to expand the functions of the National Institute of Standards and Technology to include workforce frameworks for critical and emerging technologies, to require the Director of the National Institute of Standards and Technology to develop an artificial intelligence workforce framework, and periodically review and update the National Initiative for Cybersecurity Education Workforce Framework for Cybersecurity, and for other purposes. (Gary Peters, D-MI) S.3888 - A bill to mandate the use of artificial intelligence by Federal agencies to adapt to extreme weather, and for other purposes. (Brian Schatz, D-HI) S.3975 - A bill to require companies to receive consent from consumers to having their data used to train an artificial intelligence system. (Peter Welch, D-VT) S.4596 - A bill to require the Secretary of Commerce to conduct a public awareness and education campaign to provide information regarding the benefits of, risks relating to, and the prevalence of artificial intelligence in the daily lives of individuals in the United States, and for other purposes. (Todd Young, R-IN) H.R.9197 - To require the Director of the National Institute of Standards and Technology to develop resources for small businesses in utilizing artificial intelligence, and for other purposes. (Mike Collins, R-GA-10) H.R.9215 - To facilitate the growth of multidisciplinary and diverse teams that can advance the development and training of safe and trustworthy artificial intelligence systems, and for other purposes. (Zoe Lofgren, D-CA-18) S.4769 - A bill to require the Director of the National Institute of Standards and Technology to develop voluntary guidelines and specifications for internal and external assurances of artificial intelligence systems, and for other purposes. (John Hickenlooper, D-CO) S.4870 - A bill to require reports on artificial intelligence regulation in the financial services industry. (Mike Rounds, R-SD) S.4976 - A bill to require the Office of Information and Communication Technology Services and other Federal agencies to develop a list of artificial intelligence products and services, and for other purposes. (Marco Rubio, R-FL) H.R.9498 - TAME Extreme Weather Act (Scott Franklin, R-FL-18) Senate Version: S.3888 - TAME Extreme Weather Act (Brian Schatz, D-HI)

Client expense: $440,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Support for continued investor protections under Sarbanes-Oxley; Issues impacting the accounting and auditing profession; Independence of accounting setting; PCAOB matters, including disciplinary proceedings; Holding Foreign Companies Accountable Act, The Trusted Foreign Auditing Act of 2023 (H.R. 6769/S. 3494); Anti-money laundering provisions including gatekeeper requirements; Digital assets and cryptocurrency draft legislation; RECOUP Act of 2023 (S. 2190); VET Artificial Intelligence Act (S. 4769), issues related to Artificial Intelligence (AI) accountability and attest.

Client expense: $730,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

General issues related to Science, Technology, Engineering and Math (STEM) Open-source software Cloud computing Quantum computing AI principles R&D on artificial intelligence, machine learning, and quantum information science Semiconductor supply chain and domestic production Generative AI CHIPS and Science Act implementation Strengthening Agency Management and Oversight of Software Assets (SAMOSA) Act S. 2691 / H.R. 4223 - National AI Commission Act S. ___ - SAFE Innovation in the AI Age S. 2871 / H.R. 4891 - Multi-Cloud Innovation and Advancement Act H.R. 6213/S.___ - National Quantum Initiative Reauthorization S.1993 - No Section 230 for AI Act S. 4178 - Future of AI Innovation Act S. 4236 - AI Grand Challenges Act S. 2714 - CREATE AI Act S. 4394 - NSF AI Education Act of 2024 S. 3162 - TEST AI Act S. 4487 - Small Business AI Training Act S. 3849 - Promoting United States Leadership in Standards Act S. 4596 - Artificial Intelligence Public Awareness and Education Campaign Act S. 4569 - Take It Down Act S. 4769 - VET AI Act H.R. 9215 - Workforce for AI Trust Act S. 4639 - Expanding Partnerships for Innovation and Competitiveness Act (EPIC) Act H.R. 9403 - Expanding AI Voices Act H.R. 9211 - LIFT AI Act H.R. 9497 - AI Advancement and Reliability Act of 2024

Client expense: $3,200,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to Artificial Intelligence S. 4769 Validation and Evaluation for Trustworthy (VET) Artificial Intelligence Act H.R. 9215 Workforce for AI Trust Act

Client expense: $450,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office

H.R. 742, Telling Everyone the Location of Data Leaving the U.S. (TELL) Act H.R. 750, Chinese-owned Applications Using The Information of Our Nation (CAUTION) Act of 2023 H.R. 784, Internet Application I.D. Act H.R. 1050, Data Science and Literacy Act H.R. 1165, Data Privacy Act of 2023 H.R. 1341, Spectrum Coordination Act H.R. 3369, Artificial Intelligence Accountability Act H.R. 3459/S. 307, Increasing Competitiveness for American Drones Act of 2023 H.R. 3557, American Broadband Deployment Act of 2023 H.R. 4814, Consumer Safety Technology Act H.R. 5077, Create AI Act H.R. 5527, Modernizing Government Technology (MGT) Reform Act of 2023 H.R. 5628/S. 2892, Algorithmic Accountability Act H.R. 6929/S. 3565, Affordable Connectivity Program Extension Act of 2024 H.R. 7116, Do Not Disturb Act H.R. 7520, Protecting Americans Data from Foreign Adversaries Act of 2024 H.R. 7532, Federal AI Governance and Transparency Act H.R. 7890/S. 1418, Children and Teens Online Privacy Protection Act H.R. 7891/S. 1409, Kids Online Safety Act H.R. 8070, Servicemember Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025 H.R. 8315, Enhancing National Frameworks for Overseas Critical Export Act (ENFORCE Act) H.R. 8673, Expanding Partnerships for Innovation and Competitiveness (EPIC) Act H.R. 8818, American Privacy Rights Act of 2024 H.R. 9197, Small Business Artificial Intelligence Advancement Act S. 931, Strengthening Agency Management and Oversight of Software Assets Act S. 1094, Journalism Competition and Preservation Act (JCPA) of 2023 S. 1212, Securing and Enabling Commerce Using Remote and Electronic (SECURE) Notarization Act S. 1671, Digital Platform Commission Act S. 1865, Transparent Automated Governance Act S. 1873, Global Technology Leadership Act S. 1993, No Section 230 immunity in AI Act S. 2032, Legacy IT Reduction Act of 2023 S. 2238, Plan for Broadband Act S. 2321, Commerce, Justice, Science, and Related Agencies Appropriations Act, 2024 S. 3162, TEST AI Act of 2023 S. 3312, Artificial Intelligence (AI) Research, Innovation, and Accountability Act of 2023 S. 3849, Promoting United States Leadership in Standards Act of 2024 S. 3959, Transportation Security Screening Modernization Act S. 4178, Future of AI Innovation Act S. 4207, Spectrum and National Security Act of 2024 S. 4495, Promoting Responsible Evaluation and Procurement to Advance Readiness for Enterprise-wide Deployment (PREPARED) for AI Act S. 4569, TAKE IT DOWN Act S. 4596, Artificial Intelligence Public Awareness and Education Campaign Act S. 4630, Streamlining Federal Cybersecurity Regulations Act S. 4769, VET Artificial Intelligence Act H.J.Res. 100/S.J.Res.50, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure H.J.Res.153, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Federal Communications Commission relating to Safeguarding and Securing the Open Internet; Restoring Internet Freedom Draft legislation titled American Privacy Rights Act (APRA) Draft legislation titled FTC Procedural Reform Draft legislation on improvements to the Paperwork Reduction Act Draft legislation around collection and sharing of government data Draft legislation around deepfakes Draft legislation to sunset Section 230 of the Communications Act of 1934 Draft legislation on reforming the Universal Service Fund Potential legislation similar to S.2836, Preventing Emerging Threats Act of 2018 Potential Foreign Intelligence Surveillance Act legislation Potential legislation related to the American Data Privacy Protection Act Potential legislation related to Artificial Intelligence Proposed Rule, Federal Trade Commission; Children's Online Privacy Protection Rule (89 Fed. Reg. 2,034-2,076, January 11, 2024) Advanced Notice of Proposed Rulemaking at the Federal Trade Commission on Commercial Surveillance (87 Fed. Reg. 51,273-51,299, August 8, 2022) Various issues relating to expanding access to high-speed broadband internet service; broadband infrastructure and deployment, including permitting reform; nominations at the Federal Trade Commission (FTC); technology and economic relief; intermediary liability; potential federal privacy legislation; facial recognition technology; net neutrality; internet of things (IoT) devices; digital trade; intellectual property; World Intellectual Property Organization activities; artificial intelligence regulation, standards, research, and development; robocalls and the Telephone Consumer Protection Act (TCPA) (P.L. 102-243); implementation of the Childrens Online Privacy Protection Act (P.L. 105-277); implementation of the American Rescue Plan including provisions relating to the Technology Modernization Fund (P.L. 117-2); implementation of Clarifying Lawful Overseas Use of Data (CLOUD) Act (P.L. 115-141); implementation of the OPEN Government Data Act (P.L. 115-435); implementation of the CHIPS for America Act, enacted as part of the FY2020 National Defense Authorization Act (P.L. 116-92); implementation of the Drivers Privacy Protection Act (P.L. 103-322); implementation of the Infrastructure Investment and Jobs Act (P.L. 117-58); implementation of the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act, (P.L. 117-167), including provisions relating to stock buybacks; implementation of the Department of Commerces semiconductor incentives program funded by the CHIPS and Science Act (P.L. 117-167); implementation of the National Artificial Intelligence Research Resource (NAIRR) Task Force Authorization, enacted as part of the FY 2021 National Artificial Intelligence Initiative Act of 2020 (P.L.116-283); appropriating funding for the Public Wireless Supply Chain Fund and the Multilateral Telecommunications Security Fund; increased technology modernization funding for FY24; Executive Order 13859, Maintaining American Leadership in Artificial Intelligence; Executive Order 13984, Taking Additional Steps to Address the National Emergency with Respect to Significant Malicious Cyber-Enabled Activities; Executive Order 14017, Executive Order on America's Supply Chains; Executive Order 14110 Safe, Secure, and Trustworthy Development and Use of AI; Consumer Cybersecurity Labeling Pilots; Feedback to NIST on AI Risk Management; Future of the FCC Universal Service Fund; European Unions Artificial Intelligence Act; FTC enforcement; potential Executive Order on identity theft; Technology Modernization Fund in Financial Services and General Government proposed appropriations legislation; appropriations for the Federal Trade Commission; draft National Institute of Standards and Technology (NIST) guidance on Federal Internet of Things Device Cybersecurity; security criteria for Internet of Things (IoT) Devices; draft Consumer Software Labeling Criteria; modernization of IT services for Congress; the Administrations Counter Unmanned Aircraft Systems (UAS) Action Plan; use of third-party messaging apps by corporate employees; NIST Cybersecurity Framework 2.0 concept paper, Potential Significant Updates to the Cybersecurity Framework; implementation of the International Technology Security and Innovation Fund (ITSI Fund); Federal Trade Commission activities, including hearings on competition and consumer protection, franchise rule and earnings rule; Solicitation for Public Comments on the Business Practices of Cloud Computing Providers (Docket ID FTC-2023-0028); Notice and Request for Comments; Limited General Applicability Nonavailability Waiver of the Buy America Domestic Content Procurement Preference as Applied to Recipients of Broadband Equity, Access, and Deployment Program; use of artificial intelligence in CFTC-regulated markets; support for a robust global framework for facilitation of digital trade; Canada Digital Services Tax - C-59, An Act to implement certain provisions of the fall economic statement; implementation of the National Institute of Standards and Technology (NIST) Standards Strategy Implementation Roadmap; Office of Science and Technology Policies Blueprint for an AI Bill of Rights; semiconductor permitting; FCC auction authority; oversight issues pertaining to the Department of Commerce, FCC, OSTP, and the FTC; algorithmic issues in employment; deployment of subsea cables and the proposed designation of the Chumash Heritage National Marine Sanctuary; national spectrum strategy

Client expense: $14,750,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Natl Aeronautics & Space Administration (NASA), Natl Highway Traffic Safety Administration (NHTSA), Natl Institute of Standards & Technology (NIST), Natl Oceanic & Atmospheric Administration (NOAA), Natl Science Foundation (NSF), Natl Telecommunications & Information Administration (NTIA), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Patent & Trademark Office (PTO), SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), Treasury, Dept of, Veterans Affairs, Dept of (VA)

The IIA participated in conversations with congressional staff regarding several assurance provisions in the Validation and Evaluation for Trustworthy Artificial Intelligence Act (S.4769).

Client expense: $50,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

The IIA participated in conversations with congressional staff regarding several assurance provisions in the Validation and Evaluation for Trustworthy Artificial Intelligence Act (S.4769).

Client expense: $50,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Cybersecurity. Artificial Intelligence. S.4769 - VET Artificial Intelligence Act.

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legislative monitoring and outreach related to technology issues involving 5G H.R. 1377, Promoting United States Wireless Leadership Act of 2023 H.R. 1340, Open RAN Outreach Act H.R. 285, Cybersecurity Vulnerability Remediation Act H.R. 1123, Understanding Cybersecurity of Mobile Networks Act S. 686, RESTRICT Act S. 917, Securing Open Source Software Act of 2023 H.R. 1135, Connecting Economic Coercion Act Legislative monitoring and outreach relating to artificial intelligence issues Legislative monitoring and outreach relating to outbound investment issues Legislative monitoring and outreach relating to cybersecurity issues H.R. 4891, Multi-Cloud Innovation and Advancement Act S. 2871, Multi-Cloud Innovation and Advancement Act S. 2714, CREATE AI Act H.R. 5077, CREATE AI Act H.R. 4370, PREVAIL Act S. 2220, PREVAIL Act S. 3565, Affordable Connectivity Program Extension Act H.R. 5886, Promoting Access to Broadband Act H.R. 6929, appropriating funds for the Affordable Connectivity Program Legislative monitoring and outreach relating to the Affordable Connectivity Program Legislative monitoring and outreach relating to Open RAN regulation and funding Legislative monitoring and outreach relating to data security Legislative monitoring and outreach relating to small business size standards S. 2140, Patent Eligibility Restoration Act H.R. 7520, Protecting Americans Data from Foreign Adversaries Act H.R. 7521, Protecting Americans from Foreign Adversary Controlled Applications Act H.R. 8818, American Privacy Rights Act H.R. 8070, Servicemember Quality of Life Improvement and National Defense Authorization Act S. 4638, National Defense Authorization Act for Fiscal Year 2025 H.R. 7520, Protecting Americans Data from Foreign Adversaries Act H.R. 7521, Protecting Americans from Foreign Adversary Controlled Applications Act H.R. 8315, ENFORCE Act H.R. 8152, Remote Access Security Act H.R. 8361, Economic Espionage Prevention Act H.R. 6571, Promoting Resilient Supply Chains Act S. 4375, Promoting Resilient Supply Chains Act H.R. 3882, Leveling the Playing Field 2.0 Act S. 1856, Leveling the Playing Field 2.0 Act H.R. 762, Building Resilient Supply Chains Act S. 4375, Promoting Resilient Supply Chains Act H.R. 6571, Promoting Resilient Supply Chains Act H.R. 796, Supply Chain Mapping and Monitoring Act H.R. 8924, Protecting American Innovation and Development Act S. 3162, TEST AI Act S. 3849, Promoting U.S. Leadership in Standards Act S. 4178, Future of AI Innovation Act S. 4394, NSF AI Education Act S. 4495, Prepared for AI Act S. 4769, Validation and Evaluation for Trustworthy AI Act S. 4753, Energy Permitting Reform Act H.R. 8631, Decoupling from Foreign Adversary Battery Dependence Act S. 4651, Securing Americas Federal Equipment (SAFE) in Supply Chains Act S. 4715, Federal Cyber Workforce Training Act S. 4630, Streamlining Federal Cybersecurity Regulations Act S. 4697, Healthcare Cybersecurity Act (S. 4697) H.R. 5527, Modernizing Government Technology Reform Act

Client expense: Not reported · Firm income: $80,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office

S. 4769, the Validation and Evaluation for Trustworthy (VET) Artificial Intelligence Act

Client expense: $420,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to autonomous vehicles; S. 1409, Kids Online Safety Act; S. 4769, VET Artificial Intelligence Act; H.R. 5077, CREATE AI Act of 2023; H.R. 8818, American Privacy Rights Act of 2024; S. 4875, NO FAKES Act of 2024; H.R. 9551, NO FAKES Act of 2024.

Client expense: $80,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 8070, Servicemember Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025 - issues related to telecommunications service and equipment; S. 4638, National Defense Authorization Act for Fiscal Year 2025 - issues related to telecommunications service and equipment; S. 4795, Report 118-198, Departments of Commerce and Justice, Science, and Related Agencies Appropriations Bill, 2025; S. 3781, Institute for Telecommunication Sciences Codification Act; H.R. 1353, Advanced, Local Emergency Response Telecommunications Parity Act; S. 4569, TAKE IT DOWN Act; S. 275, Rural Broadband Protection Act of 2024; S. 690, Network Equipment Transparency Act (NET Act); S.1008, Setting Consumer Standards for Lithium-Ion Batteries Act; S. 1956, Invent Here, Make Here Act of 2024; S. 2238, PLAN for Broadband Act; S. 2714, CREATE AI Act of 2023; S. 3162, TEST AI Act of 2023; S. 3312, Artificial Intelligence Research, Innovation, and Accountability Act of 2023; S. 3606, National Earthquake Hazards Reduction Program Reauthorization Act of 2024; S. 3849, Promoting United States Leadership in Standards Act of 2024; S. 3943, Accelerating Networking, Cyberinfrastructure, and Hardware for Oceanic Research (ANCHOR) Act; S. 4178, Future of Artificial Intelligence Innovation Act of 2024; S. 4394, NSF AI Education Act of 2024; S. 4487, Small Business Artificial Intelligence Training Act of 2024; S. 4596, Artificial Intelligence Public Awareness and Education Campaign Act; S. 4769, Validation and Evaluation for Trustworthy (VET) Artificial Intelligence Act

Client expense: Not reported · Firm income: $60,000