RepublicanBill · S. 3150· Senate(119-S-3150)

GAIN AI Act of 2025

Rep. Banks
Age: 47 years
Indiana
Introduced
11/6/2025
Last activity
11/6/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsored by
Jim Banks
Cosponsors
Republican - 2Democrat - 3
Foreign Trade and International Finance
  1. Introduced
  2. In Committee

What this bill would do

The GAIN AI Act of 2025 requires companies to get a license to export advanced AI chips to countries of concern. To get this license, companies must certify that United States persons have priority in acquiring these chips. This includes giving U.S. persons a right of first refusal through public notice. Companies must also certify they have no backlog of U.S. requests and aren't giving better pricing to foreign buyers. Additionally, "trusted United States persons" may be exempt from certain license requirements if the chips stay under their control in non-concern countries.

Yes· 3 of 7

  • Does this give the federal government more power?+5

    Grants the Under Secretary of Commerce significant power to regulate exports and designate trusted persons.

  • Does this better protect the country from computer attacks?+4

    Restricting advanced AI chip exports to countries of concern enhances national security and technological superiority.

  • Is this likely to create jobs?+3

    Preference for domestic semiconductor manufacturing may stimulate job growth in the US tech sector.

The opposite

  • Does this make trade with other countries easier?-3

    Imposes restrictive licensing and certifications that limit the free flow of AI hardware exports.

  • Would immigrants be better off under this?-2

    Ownership limits for 'trusted' status may negatively affect immigrant-led firms with foreign investment.

  • Does this favour talking over confrontation abroad?-2

    Strict export licenses and restrictions on countries of concern may strain diplomatic relations.