AI OVERWATCH Act Artificial Intelligence Oversight of Verified Exports and Restrictions on Weaponizable Advanced Technology to Covered High-Risk Actors Act
IntroducedRead twice and referred to the Committee on Banking, Housing, and Urban Affairs · Apr 30, 2026
In plain language
Requires exporters to obtain a license from the Commerce Department before exporting, reexporting, or transferring certain integrated circuits to high-risk foreign actors. Strengthens export controls on advanced computing chips to prevent their diversion to adversarial or weaponizable uses.