Establishes certain requirements for social media websites concerning content moderation practices; establishes cause of action against social media websites for violation of content moderation practices.

This New Jersey bill requires large social media platforms (defined as those with at least $100 million in annual revenue and 100 million global monthly users) to publicly explain their content moderation rules and apply them consistently. It mandates that platforms notify users before removing content or imposing long-term account bans, provide data on how many people viewed a user's posts, and allow users to opt out of algorithm-driven content sorting. The bill also prohibits platforms from using algorithms to censor or ban candidates for public office during election periods and protects news organizations from content-based censorship. Violations would allow affected users or entities to pursue legal action under New Jersey's consumer fraud law.