Illinois Governor Pritzker signed the Artificial Intelligence Safety Measures Act into law on July 6, 2026, establishing mandatory reporting standards and the first-in-nation requirement for annual third-party independent audits of frontier AI models generating more than $500 million in annual revenue. The bill mirrors comparable legislation in California and New York signed in late 2025, and the three states together represent an estimated 40 percent of the U.S. AI market, effectively creating a de facto national standard. Developers must publish safety frameworks, assess catastrophic risk, report incidents within 72 hours (24 hours if imminent), and face civil penalties of up to $1 million for first violation and $3 million for subsequent violations. The law takes effect January 1, 2028.
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