The New York state legislature passed S8706-B, which would require companies doing business in the state to file several AI-related job impact disclosures every year.
Why it matters: If enacted, the bill would create the most expansive AI workforce disclosure regime in the country, sweeping in virtually every large employer with New York operations.
The bill and what CHROs need to know:
The New York DOL would then publish an annual report by sector, geography, and business size.
What's next: The bill awaits the signature of Gov. Kathy Hochul (D), who has not offered any hints as to whether she would approve the legislation. In response to pressure from the business community, Gov. Hochul has previously vetoed other substantial AI bills as well as a measure that would have banned non-compete agreements in the state. It’s plausible a similar veto could follow here.
Considerations for CHROs:
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The bill’s "doing business in" language means most multistate employers will be captured, even without a meaningful New York footprint.
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AI attribution may be difficult to parse, particularly when it comes to “positions left unfilled because of AI.”
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Employers should tag workforce actions such as layoffs, role consolidations, hiring freezes, and hour reductions by their relationship to AI.
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AI-related job impact disclosures are some of the most popular AI policy initiatives at the state and federal level. A bill with similar requirements was introduced in Congress last year by Sen. Hawley (R-MO) and Warner (D-VA).
