Digital Social Platform Transparency Act

This bill requires major social media platforms (with over $100 million in annual revenue) to clearly post their terms of service in all supported languages, including contact info, content flagging processes, and potential actions like removal or restrictions. Companies must submit detailed, semiannual reports to the Attorney General covering content moderation practices, statistics on flagged content (e.g., hate speech, misinformation), and how actions were taken. Reports must break down data by content type, media format, and reporting method to ensure transparency. Non-compliance could trigger daily fines up to $15,000 per violation.