We have received text from H.R. 6306: AI Fraud Deterrence Act. This bill was received on 2025-11-25, and currently has 1 cosponsor.
Here is a short summary of the bill:
This bill, titled the "AI Fraud Deterrence Act," aims to address the use of artificial intelligence (AI) in committing financial crimes and impersonation of federal officials. It proposes significant changes to existing laws related to fraud and establishes harsher penalties for crimes that utilize AI.
Key Provisions
1. Increased Penalties for Fraud
The bill amends several sections of Title 18 of the United States Code, which cover various types of fraud:
- Mail Fraud: The monetary threshold for penalties is raised from $1 million to $2 million. Additionally, if the fraud involves AI, the penalties can increase to a fine of up to $1 million or imprisonment for up to 20 years, or both.
- Wire Fraud: Similar changes as mail fraud, with a threshold increase and harsher penalties for using AI in the commission of the crime.
- Bank Fraud: The bill raises the punishment for bank fraud offenses involving AI to a fine of up to $2 million and imprisonment for up to 30 years.
2. Money Laundering Amendments
The bill also introduces amendments to the money laundering statutes:
- Violations of money laundering laws that involve AI will face increased penalties, including fines up to $1 million or three times the value of the funds involved, along with potential prison sentences of up to 20 years.
3. AI Impersonation of Federal Officials
There are specific provisions for impersonating federal officials using AI:
- The bill asserts that if a person impersonates a federal official using AI, they may face fines of up to $1 million or imprisonment for up to 3 years, or both.
- However, there is a safeguard that indicates legitimate uses of AI in satire or parody—when clearly indicated as non-authentic—are not covered by this section.
4. Definition of Artificial Intelligence
The bill provides a definition of artificial intelligence, aligning it with the existing definition from previous legislation, specifically the National Artificial Intelligence Initiative Act of 2020. This ensures clarity on what constitutes AI in the context of the proposed legal changes.
5. Legislative Findings
The bill begins with a set of findings, noting instances where AI has been used to impersonate government officials, highlighting the urgency and relevance of the legislation in combating such fraudulent activities.
Relevant Companies
- GOOGL (Alphabet Inc.): Potentially impacted due to its involvement in AI technology, which may be scrutinized under this legislation.
- MSFT (Microsoft Corporation): Similarly, as a major AI developer, Microsoft may face repercussions regarding the use of its technologies in fraudulent activities.
- IBM (International Business Machines Corporation): IBM's AI solutions could also be examined in the context of compliance with this new legislation.
Representative Ted Lieu Bill Proposals
Here are some bills which have recently been proposed by Representative Ted Lieu:
- H.R.6405: To modify the expedited procedures in the House of Representatives under section 36 of the Arms Export Control Act with respect to consideration of joint resolutions prohibiting proposed sales of defense articles or services, prohibiting proposed licenses for exports of defense articles or services, and prohibiting approval of United States commercial technical assistance or manufacturing licensing agreements.
- H.R.6306: AI Fraud Deterrence Act
- H.R.6268: To require the Secretary of the Interior to prohibit the use of lead ammunition on United States Fish and Wildlife Service lands, and for other purposes.
- H.R.6149: FAIR Act
- H.R.6098: Climate Solutions Act of 2025
- H.R.5323: To enhance subnational diplomacy efforts within the Department of State, and for other purposes.
You can track bills proposed by Representative Ted Lieu on Quiver Quantitative's politician page for Lieu.
Representative Ted Lieu Net Worth
Quiver Quantitative estimates that Representative Ted Lieu is worth $3.9M, as of December 10th, 2025. This is the 193rd highest net worth in Congress, per our live estimates.
Lieu has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Representative Ted Lieu's net worth on Quiver Quantitative's politician page for Lieu.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
