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NY A10561
Bill
Status
3/13/2026
Primary Sponsor
Alex Bores
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AI Summary
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Prohibits social media platforms from recommending, promoting, or displaying content they know or have reason to know is fraudulent, and from materially contributing to fraudulent content development
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Requires platforms to provide an easily accessible mechanism for users to report suspected fraudulent content, with acknowledgment of reports within three days
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Mandates "know your customer" verification for advertisers, including collection of legal name, address, tax ID, and business documentation, with records retained for at least three years
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Requires platforms to implement measures to detect and prevent creation of multiple accounts for disseminating fraud, including tracking suspended accounts and coordinated fraud networks
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Authorizes the Attorney General to enforce violations as deceptive practices with civil penalties up to $5,000 per violation per day, plus restitution and attorneys' fees
Legislative Description
Enacts the "stopping abuse and fraud enabled by (SAFE) platforms act"; requires a mechanism for users to report fraudulent content; prohibits platforms recommending, promoting, curating, prioritizing, or displaying fraudulent content for delivery to a user if it knows or has reason to know that the content is fraudulent.
Last Action
referred to consumer affairs and protection
3/13/2026