In CommitteeFiled Apr 30, 2026
Sponsor: Sen. Banks, Jim [R-IN] (R)
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 30, 2026
Summary
The AI OVERWATCH Act adds a new licensing rule to the Export Control Reform Act, forcing the Commerce Department to issue export, re‑export, or in‑country transfer licenses for certain high‑performance integrated circuits when they are sent to listed “countries of concern.” It targets advanced chips that meet specific performance thresholds, with limited exclusions, to keep them from being used in hostile or weaponized applications.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Track this bill
Get real-time alerts when S 4456 changes status, plus AI-powered summaries and stage predictions.
Sign up free