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S. 3050 118th Congress Senate

Artificial Intelligence Advancement Act of 2023

Official title: A bill to require a report on artificial intelligence regulation in the financial services industry, to establish artificial intelligence bug bounty programs, … Show full official titleShow less

Official title: 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.

Introduced: December 19, 2024 Introduced by: Mike Rounds Republican · South Dakota See on congress.gov
Armed Forces and National Security
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 17, 2023
Read twice and referred to the Committee on Armed Services.
Oct 17, 2023
Introduced in Senate
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 Latest action October 17, 2023

Read twice and referred to the Committee on Armed Services.

 Plain-English summary Congressional Research Service

Artificial Intelligence Advancement Act of 2023

This bill requires the development of a bug bounty program within the Department of Defense (DOD) and requires various studies and reports related to artificial intelligence.

The bill requires certain financial entities (e.g., the Federal Reserve System) to report on the knowledge gap on artificial intelligence.

The bill also requires the Chief Digital and Artificial Intelligence Office (CDAO) within DOD to develop a bug bounty program for foundational artificial intelligence models being integrated into DOD missions and operations. Generally, a bug bounty program provides incentives to individuals to discover and report on vulnerabilities in an organization's software or systems.

Not later than one year after the enactment of this bill, CDAO must brief Congress on the development of bug bounty programs and long-term plans with respect to such programs.

The bill also requires CDAO to study the vulnerabilities to the privacy, security, accuracy of, and capacity to assess, artificial intelligence-enabled military applications.

Finally, DOD must report on ways to improve data sharing, interoperability, and quality across DOD. 

 Related & companion bills 3
  • HR 2670 National Defense Authorization Act for Fiscal Year 2024
  • S 2226 National Defense Authorization Act for Fiscal Year 2024
  • S 2502 Artificial Intelligence Bug Bounty Act of 2023
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 12

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

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 Cosponsors 4
All 4 Democratic 3 Republican 1
D
Peters, Gary C.
Michigan · Dec 19, 2024
 D
Heinrich, Martin
New Mexico · Oct 17, 2023
 D
Schumer, Charles E.
New York · Oct 17, 2023
 R
Young, Todd
Indiana · Oct 17, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3050: Artificial Intelligence Advancement Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-S-3050/
MLA
"S. 3050: Artificial Intelligence Advancement Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-3050/.
Bluebook (legal)
S. 3050, 118th Cong. (2026), https://openamerica.io/bill/118-S-3050/.
Markdown link
[S. 3050: Artificial Intelligence Advancement Act of 2023](https://openamerica.io/bill/118-S-3050/)
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