New York Responsible AI Safety and Education (RAISE) Act

In short

The RAISE Act, signed in December 2025 and finalised by chapter amendment in March 2026, applies from 1 January 2027 to 'large frontier developers' — companies with over $500 million in annual revenue that train models above 10^26 operations. They must publish a frontier AI safety framework, report critical safety incidents to a new office in the Department of Financial Services within 72 hours of determining one occurred, and submit periodic risk assessments. It follows California's SB 53 model and is enforced by the Attorney General.

Key dates

1. Dec 19, 2025✓Signed by Governor Hochul (with agreed chapter amendments)
2. Mar 27, 2026✓Chapter amendment signed — final text
3. Jan 1, 2027UpcomingTakes effect

What you have to do

• If you meet both thresholds, publish a frontier AI framework describing risk mitigation and cybersecurity practices.
• Report critical safety incidents to the DFS oversight office within 72 hours of determining they occurred.
• Submit the required periodic catastrophic-risk assessments to DFS.
• If you are a customer of a frontier developer, ask for their published framework as part of vendor due diligence.

Penalties

Civil penalties of up to $1 million for a first violation and up to $3 million for subsequent violations, plus reported daily penalties of $1,000 for continued non-compliance after notice and hearing. Enforced by the New York Attorney General.

Related lessons

• Level 1The world map of AI rules: EU, US patchwork, Canada, standards8 min
• Level 3Vendors and contract clauses6 min
• Level 4Incident response and monitoring7 min
• Level 5Staying current: key dates ahead and how to track change6 min