VT H0341

Creates safety standards for "inherently dangerous AI systems," defined as high-risk AI, dual-use foundational models (10+ billion parameters), and generative AI systems used in Vermont

Requires deployers to submit AI System Safety and Impact Assessments to the Division of Artificial Intelligence before deployment and every two years, detailing purpose, risks, training data, and transparency measures

Establishes a "reasonable care" standard requiring developers and deployers to avoid foreseeable harms including discrimination, privacy intrusions, intellectual property violations, and psychological harm

Mandates compliance with NIST's AI Risk Management Framework for testing and risk management programs before selling or deploying covered AI systems

Applies only to non-small businesses; violations constitute unfair trade practices enforceable by the Attorney General, with a private right of action allowing consumers to sue for damages, injunctive relief, and attorney's fees; effective July 1, 2025