CS/HB 1541 2024 CODING: Words stricken are deletions; words underlined are additions. hb1541-01-c1 Page 1 of 4 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S A bill to be entitled 1 An act relating to transparency in social media; 2 creating s. 501.20411, F.S.; providing a short title; 3 providing legislative findings; providing definitions; 4 requiring foreign-adversary-owned entities operating 5 social media platforms in the state to publicly 6 disclose specified information in a certain manner; 7 requiring foreign-adversary-owned entities operating 8 social media platforms to implement a user 9 verification system for certain entities; providing 10 penalties; requiring enforcement by the Department of 11 Legal Affairs; providing an effective date. 12 13 Be It Enacted by the Legislature of the State of Florida: 14 15 Section 1. Section 501.20411, Florida Statute s, is created 16 to read: 17 501.20411 Transparency in Social Media Act. — 18 (1) This section may be cited as the "Transparency in 19 Social Media Act." 20 (2) The Legislature finds that: 21 (a) Social media platforms play a significant role in 22 shaping public discou rse and opinion. 23 (b) Algorithms used by social media platforms can 24 influence user behavior and content visibility. 25 CS/HB 1541 2024 CODING: Words stricken are deletions; words underlined are additions. hb1541-01-c1 Page 2 of 4 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S (c) Transparency in the functioning of such algorithms and 26 in political and social advertising is vital for safeguarding 27 democratic values and user privacy. 28 (d) Ownership of social media platforms by foreign 29 entities can raise concerns regarding foreign influence and data 30 security. 31 (3) For purposes of this section, the term: 32 (a) "Algorithm" has the same meaning as in s. 501.2041(1). 33 (b) "Foreign-adversary-owned entity" or "entity" means a 34 social media company that is more than 15 -percent owned or 35 controlled by nationals, governments, or corporations domiciled, 36 incorporated, or otherwise holding residence in a country 37 designated as a foreign adversary under 15 C.F.R. s. 7.4. As 38 used in this paragraph, the term "owned or controlled" means 39 that a national, government, or corporation designated as a 40 foreign adversary has power: 41 1. Over the election of the directors, or of individuals 42 exercising similar functions, for the entity; or 43 2. To exercise influence over the management of the 44 entity. 45 (c) "Social media platform" means a public online service 46 that allows users to create and share or participate in social 47 networking. 48 (d) "Social or political advertising" means any 49 advertisement on a social media platform that discusses social 50 CS/HB 1541 2024 CODING: Words stricken are deletions; words underlined are additions. hb1541-01-c1 Page 3 of 4 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S or political issues or is intended to influence public opinion 51 or electoral outcomes. 52 (4)(a) Each foreign -adversary-owned entity operating a 53 social media platform in the state must publicly disclose the 54 core functional elements of the social media platform's content 55 curation and algorithms. 56 (b) The disclosure must identify: 57 1. The factors that influence content ranking and 58 visibility. 59 2. Measures taken to address misinformation and harmful 60 content. 61 3. The process of personalization and targeting of 62 content. 63 (5) Each foreign-adversary-owned entity operating a social 64 media platform must make publicly available the source code of 65 its algorithms through an open -source license. 66 (6)(a) Each foreign -adversary-owned entity operating a 67 social media platform must implement a user verification system 68 for each user and organization that purchases advertisements 69 concerning social or political issue s. The system must verify 70 key identifying information, including citizenship, residency, 71 and age of the user or the individuals that own the 72 organization, as applicable. 73 (b) Once verified, the identity of the purchaser of each 74 social or political adverti sement must be disclosed with the 75 CS/HB 1541 2024 CODING: Words stricken are deletions; words underlined are additions. hb1541-01-c1 Page 4 of 4 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S advertisement. 76 (7)(a) A foreign-adversary-owned entity operating a social 77 media platform that violates this section is liable up to 78 $10,000 for each discrete violation. 79 (b) The Department of Legal Affairs shall enforce this 80 section. 81 Section 2. This act shall take effect July 1, 2024. 82