H.R. 7058 Foreign Adversary AI Risk Assessment and Diplomacy Act Cost Estimate

The CBO published a cost estimate for H.R. 7058, the Foreign Adversary AI Risk Assessment and Diplomacy Act. This bill would establish requirements for assessing AI risks associated with foreign adversaries and create diplomatic mechanisms to address such risks. The cost estimate provides CBO's projection of budgetary impacts but does not impose binding obligations.

Affected parties including technology companies, government agencies, and entities developing or deploying AI systems should monitor the legislative progress of this bill. While the CBO estimate itself does not create compliance requirements, the underlying legislation, if enacted, may impose assessment and reporting obligations related to foreign adversary AI risks.