This bill establishes a prohibition against business entities selling, distributing, manufacturing, delivering, holding, or offering for sale personal flotation devices (PFDs) that are not approved by the United States Coast Guard. A personal flotation device is defined as any wearable device designed for recreational swimming and intended for use by individuals under the age of 12, including lifejackets, puddle jumpers, and water wings. The bill aims to enhance safety for children by ensuring that only Coast Guard-approved PFDs are available in the market.

Violations of this prohibition will result in civil penalties, with fines set at up to $100 for a first offense, $250 for a second offense, and $500 for third or subsequent offenses. The enforcement of these penalties will be managed by the Director of the Division of Consumer Affairs in the Department of Law and Public Safety, following the procedures outlined in the Penalty Enforcement Law of 1999. The bill also allows the Director to create rules and regulations to implement its provisions, and it is set to take effect six months after its enactment.