# 119-s-4456: AI OVERWATCH Act 119-s-4456, AI OVERWATCH Act, is a 119th Congress bill sponsored by Sen. Banks, Jim [R-IN] (R-IN); status introduced; PRIA reads it as touching household money (as of 2026-09-25). - Canonical: https://policyrisk.com/legislation/119-s-4456 - As of: 2026-09-25 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: 119-s-4456 - Congress: 119 - Title: AI OVERWATCH Act - Status: introduced - Introduced: 2026-04-30 - Sponsor: Sen. Banks, Jim [R-IN] (R-IN) - Cosponsors: 10 - Policy area: Foreign Trade and International Finance - Touches household money: yes - Last recorded action: 2026-09-25 ## Summary **This bill would create strict new controls on exports of advanced integrated circuits (ICs)**, pairing tighter licensing and congressional review with a required whole-of-government "American AI Victory Strategy." It defines layered categories of chips — covered integrated circuits (CICs) and restricted integrated circuits (RICs) — using performance metrics and existing Commerce rules to decide which parts are controlled or banned for certain countries of concern. - U.S. semiconductor companies and exporters would face new license rules and oversight. Licenses for CICs and RICs to countries of concern would need detailed certifications to Congress and a minimum 30-day waiting period before approval. - Countries of concern (including the PRC, Russia, Iran, North Korea, Cuba, and others in Country Group D:5) would be blocked or tightly restricted from receiving RICs and face near-term denials for CIC exports until a government AI strategy is submitted. - Trusted U.S. persons and allied countries get a possible exemption pathway. The bill creates strict standards for designation, audits, ownership limits, and a secure expansion option for allies. ## Cosponsors (10) - Sen. Warren, Elizabeth [D-MA] (D-MA), 2026-04-30T00:00:00.000Z - Sen. Cotton, Tom [R-AR] (R-AR), 2026-04-30T00:00:00.000Z - Sen. Shaheen, Jeanne [D-NH] (D-NH), 2026-04-30T00:00:00.000Z - Sen. Ricketts, Pete [R-NE] (R-NE), 2026-04-30T00:00:00.000Z - Sen. Cortez Masto, Catherine [D-NV] (D-NV), 2026-04-30T00:00:00.000Z - Sen. Scott, Rick [R-FL] (R-FL), 2026-07-28T00:00:00.000Z - Sen. Coons, Christopher A. [D-DE] (D-DE), 2026-07-28T00:00:00.000Z - Sen. McCormick, David [R-PA] (R-PA), 2026-08-04T00:00:00.000Z - Sen. Slotkin, Elissa [D-MI] (D-MI), 2026-08-04T00:00:00.000Z - Sen. Schumer, Charles E. [D-NY] (D-NY), 2026-09-22T00:00:00.000Z ## Provisions PRIA read - Trusted U.S. person exemption for chips: benefit, medium. If enacted, the bill would create a Trusted United States Person (TUSP) exemption that can let certain exports or transfers of covered chips proceed without usual license requirements. The chips could not go to Macau, Hong Kong, or Country Group D:5 countries and must remain under ownership and con… - New restricted category for top chips: cost, high. If enacted, the bill would create a narrower "restricted integrated circuit" category for the highest-performance covered chips. Examples include chips with total processing performance of 21,000 or more, or meeting specified high performance-density thresholds. It would also capture certain chips… - Tighter chip exports to certain countries: cost, high. If enacted, the bill would require a specific license for exports, reexports, or in‑country transfers of covered or restricted chips to entities located in, or whose ultimate parent is headquartered in, a listed "country of concern." The bill would bar general licenses, require detailed pre-approva… - Which chips count as covered: mixed, high. If enacted, the bill would define "covered integrated circuits" to include chips and systems listed under ECCN 3A090/4A090 (and similar entries) and any integrated circuit meeting set performance or bandwidth thresholds. Key numeric thresholds include total processing performance of 4,800; or 2,400… - New American AI strategy required: mixed, medium. If enacted, the bill would require the Secretary of Commerce, working with Defense, Energy, State, OSTP, and the DNI, to send Congress an "American Artificial Intelligence Victory Strategy." The plan would assess national security and economic risks if the People's Republic of China gains an AI edg… - Commerce can change chip thresholds: mixed, medium. If enacted, the bill would let the Commerce Under Secretary update technical parameters that define covered chips starting 24 months after the AI strategy is submitted. Any change could be made only if it does not harm national security. The Secretary must notify congressional committees at least 3… ## Related bills - 119-s-1748: Kids Online Safety Act - 119-s-4429: Connected Vehicle Security Act of 2026 - 119-s-1032: Major Richard Star Act - 119-sres-913: A resolution relating to the death of the Honorable Nancy Kassebaum, former United States Senator for the State of Kansas. - 119-sres-897: A resolution honoring the life, service, and legacy of the Honorable Jon Llewellyn Kyl, former Senator for the State of Arizona. - 119-sres-801: A resolution honoring the life and legacy of the Honorable Lindsey Olin Graham, a Senator from the State of South Carolina. ## Sources - [119-s-4456 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4456) ## Related - [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748) - [119-s-4429: Connected Vehicle Security Act of 2026](https://policyrisk.com/legislation/119-s-4429) - [119-s-1032: Major Richard Star Act](https://policyrisk.com/legislation/119-s-1032) - [119-sres-913: A resolution relating to the death of the Honorable Nancy Kassebaum, former Uni…](https://policyrisk.com/legislation/119-sres-913) - [119-sres-897: A resolution honoring the life, service, and legacy of the Honorable Jon Llewel…](https://policyrisk.com/legislation/119-sres-897) - [119-sres-801: A resolution honoring the life and legacy of the Honorable Lindsey Olin Graham,…](https://policyrisk.com/legislation/119-sres-801) - [All bills in Congress](https://policyrisk.com/legislation) Source: PRIA, https://policyrisk.com/legislation/119-s-4456 (as of 2026-09-25).