GMC 1995 Suburban Owner's Manual page 50

There is an air bag readiness light on the instrument panel, which shows
AIR BAG. The system checks the air bag's electrical system for
malfunctions. The light tells you if there is an electrical problem. See "Air
Bag Readiness Light" in the Index for more information.
How the Air Bag System Works
Where is the air bag?
The driver's air bag is in the middle of the steering wheel.
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