S8828 / A9449 (Chapter 96 of 2026) — RAISE Act chapter amendment

Summary

The chapter amendment to New York's RAISE Act (S8828 / A9449) passed the Senate on January 28, 2026, and the Assembly on March 11, 2026, and was signed on March 27, 2026, as Chapter 96 of 2026. It repeals and replaces Article 44-B of the General Business Law as enacted by Chapter 699 of 2025 and moves the act's effective date to January 1, 2027. It requires large frontier developers (annual gross revenues above $500 million with affiliates) to publish frontier AI frameworks and transparency reports, requires frontier developers to report critical safety incidents within 72 hours to a new office within the Department of Financial Services, and lets the Attorney General seek civil penalties of up to $1 million for a first violation and $3 million for later violations.

Key dates

1. March 27, 2026Enacted
2. October 16, 2026Checked against sources
3. October 21, 2026Checked against sources
4. January 1, 2027Takes effect

Developments are added when the record is reviewed. Next review: October 16, 2027.

Evidence

Each passage is quoted from its source. The quoted passages are re-checked against the live pages every month.

1. AN ACT to amend the general business law, in relation to transparency and safety requirements for developers of artificial intelligence frontier models

   Supports: Subject

   01/28/2026 PASSED SENATE

   Supports: Senate passage

   03/11/2026 passed assembly

   Supports: Assembly passage

   Implements transparency requirements for developers of AI models; requires the establishment of an office for oversite of AI model developer transparency and reporting

   Supports: Summary of what it does

   03/27/2026 SIGNED CHAP.96

   Supports: Chapter amendment signed March 27, 2026 (Ch. 96)

   This act shall take effect [ on the ninetieth day after it shall 32 have become a law ] January 1, 2027

   Supports: Effective date moved to January 1, 2027

   of five hundred million dollars in the preceding calendar year

   Supports: Large frontier developer revenue threshold

   The attorney general may bring a civil action 8 to recover a civil penalty in an amount not to exceed one million 9 dollars for a first violation and in an amount not to exceed three 10 million dollars per subsequent violation

   Supports: Penalties and enforcement

   16. "Office" means an office within the department of financial 12 services, which shall report to the superintendent of financial services

   Supports: Oversight office within DFS

   to the office within seventy-two hours from a

   Supports: 72-hour incident reporting

   S08828 (2025-2026): RAISE Act chapter amendment New York State Assembly Primary source