This bill establishes new regulations requiring age verification for individuals accessing applications from online platforms, including application stores and websites. It introduces definitions for key terms such as "child," "application," "manufacturer," and "developer." Manufacturers are mandated to implement reasonable steps to determine the age of users, obtain parental consent for children under sixteen, and provide developers with signals regarding consent. Additionally, manufacturers must ensure that their own applications adhere to the same age verification standards imposed on third-party applications.

The bill also outlines the responsibilities of developers to provide parental oversight features within their applications, such as time restrictions and usage metrics. Violations of these regulations by manufacturers or developers can result in civil penalties of up to $5,000 per incident per affected child, enforceable by the attorney general or local state's attorney. Furthermore, the bill includes provisions for written notice to be given before legal action is taken for non-compliance, allowing manufacturers and developers a chance to rectify any violations without incurring penalties if they do so within a specified timeframe.