The proposed bill, if enacted, would amend current statutes by adding a new chapter to Title 18 of the Arizona Revised Statutes, specifically addressing regulations for social media platforms that provide services to minors. Key provisions include requirements for these platforms to establish privacy settings that protect minors, allow minors to opt out of the collection of personal information beyond what is necessary, and prohibit targeted advertising based on minors' personal information, except for age and location. The bill also designates the Attorney General as the exclusive authority for enforcement of these regulations, clarifying that violations do not create a private right of action.

Additionally, the bill introduces definitions for terms such as "de-identified data," "minor," "personal information," and "social media platform," while specifying that certain services, like telecommunications and broadband access, are excluded from these regulations. The act is set to take effect 180 days after its general effective date and will be known as the "Protecting Children on Social Media Act." Overall, the bill aims to enhance protections for minors using social media by establishing clear guidelines and enforcement mechanisms.