MR

Sen. Rounds, Mike [R-SD]

R / U.S. Senate / SD

Official Website

AI Bills Sponsored

FederalIn Committee
Medium Risk

S 4991

Homestake AI Act of 2026

Last action: Jul 15, 2026

FederalIn Committee
Low Risk

S 2606

Senator Mike Rounds (R-SD) wants US Cyber Command to finish building a roadmap for how the Department of Defense partners with private industry on AI-powered cyber tools. It's essentially a directive for the Pentagon to formalize its plan for working with tech companies on offensive and defensive AI cyber capabilities.

Defense ContractingCybersecurityAI/Machine Learning Vendors

Last action: Jul 31, 2025

FederalIn Committee
Low Risk

S 2604

Senator Mike Rounds (R-SD) introduced this bill to make the Department of Defense set up an Artificial General Intelligence Steering Committee. The committee would coordinate how the Pentagon studies, develops, and manages risks around AGI (AI systems that match or exceed human intelligence). This is an internal DoD governance measure, not a regulation on private industry.

Defense ContractingFrontier AI LabsCybersecurity

Last action: Jul 31, 2025

FederalIn Committee
Low Risk

S 2528

Senator Mike Rounds (R-SD) introduced this bill to make it easier for banks, investment firms, and insurers to experiment with AI tools. It would require federal financial regulators (like the SEC, FDIC, and CFPB) to create 'regulatory sandboxes' where financial firms can test AI applications with temporary waivers from certain rules.

BankingFinancial ServicesFintech

Last action: Jul 29, 2025

FederalIn Committee
Medium Risk

S 1399

Health Tech Investment Act

Last action: Apr 9, 2025

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