An Act Addressing Innovations In And The Responsible Use Of Artificial Intelligence.

1. **ONE-SENTENCE SUMMARY:** This bill aims to promote the responsible use of artificial intelligence (AI) in Connecticut by addressing innovations and setting guidelines for businesses. 2. **KEY REQUIREMENTS:** - Businesses using AI must ensure transparency in AI systems and their decision-making processes. - Implement measures to prevent bias and discrimination in AI applications. - Regularly assess and report on the impact of AI technologies used in business operations. 3. **DEADLINES:** - The bill is currently in the introduction stage; effective dates and compliance deadlines will be established once the bill is passed. 4. **PENALTIES:** - Non-compliance may result in fines or penalties as determined by state regulatory authorities, though specific amounts are not yet defined. 5. **SMB IMPACT:** Small businesses that utilize AI will need to adopt new practices to ensure compliance with transparency and fairness standards, which may require additional resources or training. This could lead to increased operational costs but also offers an opportunity to enhance customer trust through responsible AI use.