This bill requires all federal agencies to adopt standardized guidelines for developing, purchasing, and using artificial intelligence systems based on the framework created by the National Institute of Standards and Technology (NIST). The legislation directs NIST to develop federal standards for AI systems, risk management practices, and synthetic content tracking, with the goal of ensuring AI used by government agencies is trustworthy and safe. The bill applies to all executive branch agencies and their contractors, though it excludes national security systems from these requirements. NIST must also conduct research to identify gaps in testing standards for AI acquisitions and submit a report to Congress within 90 days outlining a plan to address those gaps. The bill does not specify funding amounts or strict implementation deadlines beyond the 90-day reporting requirement, leaving those details to the agencies involved and the appropriations process.