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The draft legislation represents Republicans’ last realistic chance to craft federal rules governing artificial intelligence before the midterm elections.

Rep. Jay Obernolte (R-Calif.) is seen during a press conference at the U.S. Capitol on March 25, 2026. | Francis Chung/POLITICO

Two key House lawmakers are set to unveil bipartisan artificial intelligence legislation on Thursday that would override some state AI laws and require top developers to disclose the safety and security risks of their new AI models, over a dozen people familiar with the forthcoming discussion draft told POLITICO.

The rollout of the much-anticipated discussion draft by Reps. Jay Obernolte (R-Calif.) and Lori Trahan (D-Mass.) represents the first significant bipartisan effort to advance AI legislation before Congress’ August recess — and the last realistic chance to craft federal rules governing the technology before the midterm elections.