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Senate Retains AI Regulation Ban in Trump’s Tax Bill, Benefiting Big Tech

by Team Lumida
June 23, 2025
in AI
Reading Time: 5 mins read
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China’s AI Startups Challenge Global Leaders Amid U.S. Trade Curbs

"Artificial Intelligence 2017 San Francisco" by O'Reilly Conferences is licensed under CC BY-NC 2.0

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Key Takeaways:

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  1. A Republican-backed provision to block U.S. states from enforcing new AI regulations remains in President Trump’s tax and spending package.
  2. The provision would deny states federal broadband funding if they enforce AI rules, benefiting major tech and AI companies lobbying against state-level regulations.
  3. The House version of the bill includes a 10-year moratorium on state AI laws, with full White House support, including from AI czar David Sacks.
  4. More than 200 state lawmakers have opposed the measure, citing concerns over nullifying consumer protection laws on AI-related issues like data privacy and bias.
  5. The broader tax bill is projected to add $441 billion* to deficits through 2034, with negotiations ongoing over state tax deductions and green energy credits.

What Happened?

The Senate has decided to retain a controversial provision in President Trump’s tax and spending package that would block states from enforcing new AI regulations. The measure, which ties federal broadband funding to state compliance, is a win for major tech and AI companies that oppose a “patchwork” of state-level AI rules.

The provision has faced bipartisan criticism, with some Republicans, including Senator Marsha Blackburn, opposing the moratorium, arguing that states should have the right to protect their citizens. Despite this, the Senate parliamentarian ruled that the provision aligns with the budgetary process, allowing Republicans to bypass a Democratic filibuster.

The House version of the bill goes further, proposing a 10-year moratorium on state AI laws. This has drawn opposition from over 200 state lawmakers and AI safety advocates, who warn that the measure could undermine consumer protections related to generative AI, data privacy, and government AI use.


Why It Matters?

The provision reflects the growing influence of tech and AI companies in shaping federal policy, as they seek to avoid state-level regulations that could create compliance challenges. By centralizing AI governance at the federal level, the measure could delay meaningful regulation of AI technologies, leaving gaps in areas like data privacy, bias, and online safety.

For states like California and New York, which have led the way in AI legislation, the moratorium could nullify existing laws and prevent future efforts to address AI-related harms. This raises concerns about the balance of power between federal and state governments in regulating emerging technologies.

The broader tax bill, which includes this provision, is also under scrutiny for its fiscal impact, with a projected $441 billion* addition to deficits through 2034. This could complicate negotiations over other elements of the package, such as green energy tax credits and state tax deductions.


What’s Next?

The Senate is expected to vote on the tax bill this week, with Republicans aiming to pass it by July 4. The AI provision could still face challenges on the Senate floor, where a simple majority could strip it from the bill.

If the provision remains, it will likely face legal and political challenges from states and advocacy groups. Meanwhile, Congress’s failure to pass a federal AI framework leaves the U.S. without a unified approach to regulating AI, increasing pressure on lawmakers to address the issue.

The outcome of the broader tax bill will also shape future debates on fiscal policy, particularly as lawmakers negotiate final agreements on state tax deductions and green energy incentives.

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© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

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Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018