On , Utah's Artificial Intelligence (AI) Policy Act (the “AI Policy Act”) took effect. The AI Policy Act is the first U.S. state law to impose transparency obligations on companies using generative artificial intelligence (“Gen AI”).

Joint Resolution –A joint resolution must be passed by both House and Senate. It is used for matters involving both houses, such as appointing joint committees or issuing joint communiques. Proposals to amend the Utah Constitution are contained in joint resolutions.

The Utah Artificial Intelligence Policy Act (SB 149) establishes a regulatory framework for the development, deployment, and use of artificial intelligence technologies within Utah.

Automated portfolios guide you through a questionnaire that then scores to a model portfolio that meets the criteria of the investor. In addition to the questionnaire and the scoring of models, these platforms also use AI to determine the best mix of individual stocks for your portfolio.

The UAIPA requires that a person who “uses, prompts, or otherwise causes generative AI to interact with a person” to “clearly and conspicuously disclose” that the person is interacting with generative AI and not a human “if asked or prompted by the person.” The UAIPA does not specify how a consumer may ask this ...

In short: AI systems for certain uses will be prohibited. Certain AI systems will be designated as high-risk AI systems (HRAIS) and subject to extensive obligations, especially for providers. There will be specific provisions governing general purpose AI (GPAI) models. Other AI systems are considered low risk.

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This bill creates the Artificial Intelligence Policy Act. ▸grants the office rulemaking authority over AI programs and regulatory exemptions.On March 13, 2024, Utah enacted the Artificial Intelligence Policy Act (AIPA), which creates two types of disclosure requirements for a business or person. The bill imposes disclosure requirements on entities using generative artificial intelligence (AI) tools with their customers. Two laws take effect in Utah on May 1 that impose legal requirements on a broad range of generative AI uses. On May 1, 2024, Senate Bill 149 for the Artificial Intelligence Policy Act entered into force. Utah's new AI transparency law requires companies to disclose when their AI systems are used to interact with consumers.

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