As amended on 4/30/2026: - Requires any bank that uses automated lending decision tools to conduct an annual impact assessment. - Requires an assessment that reveals algorithmic bias or discrimination to be reported within 30 days. - Requires notice to applicants of the use of such tools in advance, of data used and retention policies, and a reason for denial with an opportunity to correct data and appeal a decision.
| Date | Chamber | Action |
|---|---|---|
May 12, 2026 | S | Hearing Scheduled - Banks |
Apr 30, 2026 | — | PRINT NUMBER 8115C |
Apr 30, 2026 | — | AMEND AND RECOMMIT TO BANKS |
Jan 7, 2026 | — | REFERRED TO BANKS |
Jun 5, 2025 | — | PRINT NUMBER 8115B |
Jun 5, 2025 | — | AMEND AND RECOMMIT TO INTERNET AND TECHNOLOGY |
Jun 2, 2025 | — | PRINT NUMBER 8115A |
Jun 2, 2025 | — | AMEND (T) AND RECOMMIT TO INTERNET AND TECHNOLOGY |
| Last Action | Apr 30, 2026 |
|---|---|
| Year | 2025 |
| Bill Type | Bill |
| Created | Mar 21, 2026 |
| Updated | May 8, 2026 |