If an option is already federal law due to a bill passed by Congress before this market was created, it will resolve N/A. Options created after the relevant law has already passed will also resolve N/A. To resolve yes, a regulation must be in the text of a bill that passes both houses of Congress and is not successfully vetoed by the president.
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@SaviorofPlant That's not the corner case I'm thinking of. It sounds like any bill regulating AI will count if it adds any criteria determining whether the regulation applies or not.
@josh Oh, I see. I don't think that would satisfy the "risk categories" part of the answer. I had in mind something like the EU AI Act (https://en.wikipedia.org/wiki/Artificial_Intelligence_Act), which explicitly identifies risk categories. The exact "risk categories" phrasing doesn't need to be used, but the classifications should be based on risk and not solely on something like modality.
@SaviorofPlant You might consider tweaking the title of that one to "at least two different risk categories with different non-empty regulations on each". That would rule out risk categorizations like "not an AI" or "not an AI being applied in a way that triggers this regulation".