The House Energy & Commerce Committee has included a provision in its reconciliation bill that would ban AI regulation by state and local governments for the next 10 years.
This market will resolve to 'Yes' if this provision passes both the House and the Senate and is signed into law by the President before July 14, 2025. Resolution will be based on official legislative records and credible news sources.
See also: https://www.eff.org/deeplinks/2025/05/stopping-states-passing-ai-laws-next-decade-terrible-idea
People are also trading
@Austin how does this new version count? https://www.politico.com/news/2025/06/22/senate-parliamentarian-greenlights-state-ai-law-freeze-in-gop-megabill-00416499
Senate Commerce Chair Ted Cruz (R-Texas) rewrote a House-passed AI moratorium to try to comply with the chamber’s budgetary rules. His version made upholding the moratorium a condition for receiving billions in federal broadband expansion funds.
I feel like the yes bettors here aren't appreciating what it would mean to bypass the Byrd rule/overrule the parliamentarian. The question is essentially "will the Senate effectively end the filibuster to pass the federal AI preemption by July 14"
Is this even constitutional? Is it relying on a very broad interpretation of the commerce clause?