House Bill No. [insert bill number] establishes the "Social Media Youth Protection Act," aimed at enhancing the safety and privacy of minors using social media platforms. The bill mandates that social media companies implement an age-assurance system to accurately identify minor account holders and provide supervisory tools for these users. It requires that default privacy settings prioritize maximum privacy for minors, restrict data collection, and disable features that promote excessive engagement, such as autoplay and push notifications. Additionally, parental consent is required for any changes to data privacy settings, ensuring that minors' personal information is protected.

The legislation outlines specific definitions related to social media services, minor account holders, and the responsibilities of social media companies. It includes provisions for penalties for violations, an appropriation of $25,000 for enforcement, and a severability clause to maintain the validity of the act's remaining parts if any section is found invalid. The act is set to take effect immediately upon passage and approval, reflecting the state's commitment to safeguarding the well-being of minors in the digital landscape.