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Virginia Governor Vetoes Artificial Intelligence Bill HB 2094: What the Veto Means for Businesses

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Virginia Governor Glenn Youngkin has vetoed  House Bill (HB) No. 2094 , a bill that would have created a new regulatory framework for businesses that develop or use “high-risk” artificial intelligence (AI) systems in the Commonwealth. The High-Risk Artificial Intelligence Developer and Deployer Act (HB 2094) had passed the state legislature and was poised to make Virginia the second state, after Colorado, with a comprehensive AI governance law. Although the governor’s veto likely halts this effort in Virginia, at least for now, HB 2094 represents a growing trend of state regulation of AI systems nationwide. For more information on the background of HB 2094’s requirements, please see our  prior article  on this topic. Quick Hits Virginia Governor Glenn Youngkin vetoed HB 2094, the High-Risk Artificial Intelligence Developer and Deployer Act, citing concerns that its stringent requirements would stifle innovation and economic growth, particularly for startups and small busi...