New York RAISE Act — Incident Reporting

Yes. New York RAISE Act addresses Incident Reporting through 1 provision.

Does New York RAISE Act require Incident Reporting?

New York • enacted

Yes — 1 provision

This regulation imposes 5 specific requirements for Incident Reporting across 1 provision:

72-hour reporting — Must report safety incidents to DFS Office within 72 hours of detection
24-hour imminent risk reporting — Must report incidents posing imminent risk of catastrophic harm within 24 hours
DFS Office channel — Reports filed with New York Department of Financial Services AI Office
Quarterly summaries for LFDs — Large frontier developers must include incident data in quarterly catastrophic risk summaries
Amended reports — May file amended incident reports if additional material information becomes available

Obligation:

enacted

Effective:

Jan 1, 2027

Risk tier:

general-purpose

Scope:

frontier developers (operates or deploys frontier models in New York)

Requirement	Details
72-hour reporting	Must report safety incidents to DFS Office within 72 hours of detection
24-hour imminent risk reporting	Must report incidents posing imminent risk of catastrophic harm within 24 hours
DFS Office channel	Reports filed with New York Department of Financial Services AI Office
Quarterly summaries for LFDs	Large frontier developers must include incident data in quarterly catastrophic risk summaries
Amended reports	May file amended incident reports if additional material information becomes available

Violation	Fine
First violation	Up to $1M
Subsequent	Up to $3M