Regulates use of artificial intelligence in certain mortgage lending decision tools to minimize discrimination in lending.
Introduced, Referred to Assembly Science, Innovation and Technology Committee
Legislative status
- Introduced
- In Committee
- Reported by Committee
- Floor Vote Scheduled
- Passed One Chamber
- Passed Both Chambers
- Sent to Executive
- Signed into Law
Summary
The bill would create regulations governing how artificial‑intelligence systems are used in mortgage lending, aiming to prevent biased outcomes. It targets lenders that employ AI‑driven tools and the borrowers they serve, seeking fairer access to home loans. The measure responds to concerns that AI could unintentionally reinforce discrimination.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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3 free questions a day, no accountHearings
- Science, Innovation and Technology — MeetingScience, Innovation and Technology · Nov 16, 2026
Sponsors
- Rowan, Maureen · sponsor
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