The proposed bill, known as the App Store Accountability Act, establishes regulations for app store providers and developers regarding the collection and handling of age category data for account holders, particularly minors. It defines key terms such as "account holder," "age category," "app store provider," and "verifiable parental consent." The bill mandates that app store providers verify the age of account holders and obtain parental consent before allowing minors to download apps or make purchases. Additionally, it requires app store providers to notify account holders of significant changes to apps and to protect age category data through secure methods.

The bill also outlines the responsibilities of developers, including the need to verify age category data and obtain parental consent when necessary. It establishes penalties for violations of these provisions, allowing minors or their parents to bring civil actions against app store providers or developers for damages. Furthermore, the bill provides a framework for the attorney general to adopt rules for age verification methods and emphasizes that developers may not be held liable for violations if they acted in good faith based on the data provided by app store providers. Overall, the legislation aims to enhance the protection of minors in the digital space by ensuring that app-related transactions are conducted with appropriate oversight and consent.