PUBLISHED Jul 6, 2026, 2:27 PM ET
Chicago. Illinois Governor J.B. Pritzker on Monday signed Senate Bill 315, the Artificial Intelligence Safety Measures Act, into law, imposing transparency, reporting and safety obligations on large-scale AI developers and establishing thresholds and oversight mechanisms for the most advanced systems. The bill was approved by the Illinois legislature in May and targets frontier labs that meet a $500 million revenue threshold. Springfield officials said the law requires annual third-party audits for qualifying AI firms, mandates publishing and annually updating transparency frameworks, and compels reporting of major safety incidents. OpenAI and Anthropic backed the bill, which cleared the Illinois House 110-0 in May, and state regulators are expected to begin implementation and enforcement steps in the coming months.
By Lauren Mitchell | JQJO News
Consumers, state regulators, and civil society groups benefit from increased transparency, mandatory third-party audits, and public reporting intended to identify and mitigate catastrophic AI risks.
Large AI developers that meet the frontier thresholds will face new compliance costs, annual third-party audits, and reporting obligations that could affect development and deployment timelines.
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Illinois Enacts Landmark Law Requiring Oversight of AI
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