Our Scans · (FS.7.03) United States Legislation · Weekly Summary

• [New] The uncertainties facing bio/pharma dealmakers go beyond the general volatility in the global operating environment, and include the regulatory risks posed by new legislation such as the US Inflation Reduction Act. DCAT Value Chain Insights
• The EU AI Act will be the first standalone piece of legislation worldwide regulating the use of AI, and will form a key consideration in AI governance programs. Data Matters Privacy Blog
• President Joe Biden endorsed legislation that could lead to the popular video-sharing app TikTok being banned in the United States, a move that comes amid growing concern in Washington about keeping Americans' data out of China's hands. Penarth Times
• Safer States, an alliance of environmental health organizations, anticipates a surge in state legislation across the US in 2024, with at least 35 states introducing about 450 bills aimed at addressing toxic chemicals and plastics. SGS EHS NAM
• Germany and the Netherlands had recently changed their energy legislation; the Netherlands passed a bill to phase-out the use of coal in power generation by 2030 and Germany passed a new law to accelerate offshore wind expansion. Norton Rose Fulbright
• The European Parliament is to debate legislation that could cement a divergent approach to regulating AI between the US, the UK and the EU. The Register
• The U.S. House Foreign Affairs Committee plans to take up legislation Tuesday that would give President Joe Biden the authority to ban TikTok, the Chinese social media app used by more than 100 million Americans. CNBC
• The US Senate will hold a crucial test vote next week on legislation that would pair new policies at the southern border with wartime aid for Ukraine and other American allies. The Guardian
• The state of has passed legislation that will ban the use of refrigerants with a GWP over 750 from the year 2025. AsiaOne
• There could be regulations targeting technology investments, with the US Senate supporting legislation mandating local companies to report investments in Chinese tech, particularly semiconductors used in AI. Herald Sheets
• The US Senate will begin considering legislation that includes aid for Israel and Ukraine as soon as next week. The Guardian
• Since the Paris Agreement, significant legislation has spurred changes in the US like the Inflation Reduction Act, one of the most ambitious, with a goal to reduce greenhouse gases by 50% by 2030, below 2005 levels. Forbes
• Legislation providing a pathway to lawful permanent resident status could improve security vetting of Afghans admitted to the US on a humanitarian parole status. hudson
• Several U.S. states led by Florida has moved to pass legislation against the use of the digital dollar within their territories, saying that it will be a tool for increased government surveillance. Coingeek
• The White House has said it will unveil new rules for government workers governing AI use, along with bipartisan legislation to help America lead the way in responsible AI innovation. Investopedia
• Earlier in 2023, French legislators passed a bill giving police the power to use AI in public spaces ahead of the Paris 2024 Olympics, making it the first country in the EU to approve the use of AI surveillance (though it forbid the use of real-time facial recognition). The Guardian
• The French government is fast-tracking special legislation for the 2024 Paris Olympics that would allow the use of video surveillance assisted by artificial intelligence systems. The Guardian
• We expect states in the US to enact legislation on AI regulation due to the lack of federal enforcement, which would create a patchwork of state-level regulations for companies to comply with. Forbes
• The American Data Privacy and Protection Act could be the first comprehensive federal privacy legislation that citizens, experts, and digital rights activists have been calling for. TechRadar pro
• The US federal government has, for decades, failed to enact legislation that meaningfully protects US citizens and the global public from the dangers of ePPP research. Change.org
• The House Ways and Means Committee will soon consider the American Families and Jobs Act, legislation to temporarily extend various business tax provisions and expand the standard deduction while repealing certain energy tax credits from the Inflation Reduction Act and enacting other reforms. Committee for a Responsible Federal Budget
• New legislation in the US, especially the Inflation Reduction Act and responses by the EU, including the proposed Green Deal Industrial Plan for the Net-Zero Age, are creating fresh challenges and opportunities for businesses. Clifford Chance

Last updated: 23 April 2024