Proposed
Bill · 119th Congress · S 3150
GAIN AI Act of 2025
Refreshed 2 h ago
Introduced 2025-11-06Topic: technology privacy · economy jobsSummary
AI-generated summary, report an errorThis bill would require a federal export license to send advanced artificial intelligence chips made for data centers to companies located or headquartered in countries of concern, including China's Hong Kong and Macau regions. To get the license, the seller would have to certify that U.S. buyers first had at least 15 business days to request the chips, that it has no backlog of unfilled U.S. orders, and that it is not giving foreign buyers better prices or terms. The Commerce Department would have to deny any license application that lacks this certification. The bill would also let certain approved 'trusted' U.S. companies skip some license requirements when sending these chips to countries that are not countries of concern, if they meet security, ownership, and audit standards.
Sponsors
- Jim Banks Republican sponsor
- 5 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-11-06 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | refer |
| 2025-11-06 | Introduced in Senate | introduce |