On July 6, 2026, Illinois Governor, JB Pritzker, signed the Artificial Intelligence Safety Measures Act (the Act), imposing governance, transparency, audit, and incident-reporting obligations on developers of advanced AI models. The Act focuses on “frontier models” and places the most obligations on “large frontier developers” with annual gross revenues exceeding $500 million. The Act takes effect Jan. 1, 2027, with many substantive compliance obligations beginning in 2028.
Key Takeaways
- Applies primarily to developers of highly capable “frontier models.”
- Creates mandatory AI governance and risk-management requirements.
- Requires public transparency reports for new frontier models.
- Mandates annual independent third-party audits for large frontier developers.