🔴Illinois HB 3773IN EFFECT$10M fine|🔴Texas TRAIGAIN EFFECTActive enforcement|⚠️Colorado SB 205Jun 30, 2026Per-violation fines|⚠️California SB 942Aug 2, 2026$5K/day|⚠️EU AI Act Art. 50Aug 2, 2026€35M or 7% revenue|⚠️Virginia HB 2154Jul 1, 2026$10K/violation|⚠️Connecticut SB 2Oct 1, 2026$25K/violation|🔴Illinois HB 3773IN EFFECT$10M fine|🔴Texas TRAIGAIN EFFECTActive enforcement|⚠️Colorado SB 205Jun 30, 2026Per-violation fines|⚠️California SB 942Aug 2, 2026$5K/day|⚠️EU AI Act Art. 50Aug 2, 2026€35M or 7% revenue|⚠️Virginia HB 2154Jul 1, 2026$10K/violation|⚠️Connecticut SB 2Oct 1, 2026$25K/violation|
Home → Oregon → Finance & Banking → Small Business (11-50)
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Oregon AI Laws for Small Business (11-50) in Finance & Banking

Designate someone for AI compliance. Start formal risk documentation now. Many states have lower thresholds.

Applicable law: HB 4006 — AI in Public Services

State agencies using AI must disclose, document, and allow appeals. Private sector guidance pending.

Fair lending laws plus state AI requirements. AI credit decisions need documented bias testing.

Deadline: January 1, 2027Penalty: TBDStatus: Enacted

Other company sizes

🚀 Startups (1-10)🏢 Mid-Market (51-250)🏛️ Enterprise (250+)
Compare the cost

How much does AI compliance cost?

Lawyer
$200-500
per hour
Enterprise tool
$10K+
per year
Our kit
$49
one-time

Get the small business (11-50) compliance guide for finance & banking businesses in Oregon.

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