SB 417: AN ACT REQUIRING THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT TO DEVELOP A PLAN TO ESTABLISH AN ARTIFICIAL INTELLIGENCE SMALL BUSINESS PROGRAM.
SB 417 status: Enacted — SIGNED BY GOVERNOR (updated Jun 2, 2026).
What this bill does
Overall score
Bill summary
OfficialAN ACT REQUIRING THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT TO DEVELOP A PLAN TO ESTABLISH AN ARTIFICIAL INTELLIGENCE SMALL BUSINESS PROGRAM.. Currently in Senate.
Key analysis
Impact analysis
Environment
Benefits
- No direct environmental benefit identified
Risks
- No direct environmental risk identified
Economy
Benefits
- Provides structured support for AI integration in small businesses
- Encourages economic modernization through technology adoption
Risks
- Plan development does not guarantee immediate tangible economic benefit
- Potential administrative costs for planning process
Society
Benefits
- Promotes workforce readiness for emerging technologies
- Potentially lowers barriers for small business owners to access AI tools
Risks
- Scope of implementation is limited to planning phase
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
Effective outcomes depend entirely on the subsequent quality and funding of the DECD's developed plan
Source information is limited to a brief summary of the legislative intent
Where it stands
Introduced
CompleteCommittee
CompleteFloor
CompleteGovernor
CompleteEnacted
CompleteHow it affects your district
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