The proposed bill aims to establish a private right of action against social media platforms that utilize designs, algorithms, or features that cause harm, particularly in relation to minors. It introduces a new subchapter in the Arkansas Code, specifically addressing the regulation of social media platforms. The bill defines key terms such as "immediate connection," "minor," and "significant bodily or cognitive harm," and outlines prohibited activities for social media platforms, including the promotion of self-harm or suicide.

Additionally, the bill imposes civil penalties on social media platforms that knowingly contribute to the suicide or attempted suicide of a minor, with penalties reaching up to $10,000 per violation. It allows parents or guardians of minors who suffer significant harm due to exposure to harmful online content to file civil actions against the platforms responsible for facilitating that content. The bill also specifies the types of damages that may be awarded, including medical treatment costs and punitive damages, while providing certain protections for platforms against liability for third-party content.