H.R.4801

Unleashing AI Innovation in Financial Services Act

Introduced·7/29/25

The Unleashing AI Innovation in Financial Services Act establishes AI Innovation Labs to allow financial entities to experiment with AI without.

The Unleashing AI Innovation in Financial Services Act mandates financial regulatory agencies to create AI Innovation Labs. These labs will allow regulated entities to experiment with artificial intelligence in financial products and services. To participate, entities must submit applications detailing their proposed AI projects, including alternative compliance strategies. Agencies must review these applications within 120 days and can approve or deny them. If approved, agencies must notify entities of the terms of the alternative compliance strategy.

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  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
In committee
Next
Committee decision

Sponsors

Democratic CaucusRepublican Caucus

History

Jun 24

House

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-713.

Jun 24

House

Placed on the Union Calendar, Calendar No. 619.

May 13

House

Committee Consideration and Mark-up Session Held