SOCIAL MEDIA Act

This bill requires social media platforms to create a 24/7 law enforcement portal with direct contact information for investigations and publish a link to it on their homepage. It establishes an FTC advisory committee to develop standardized reporting metrics on how platforms monitor illegal content (like counterfeit drugs or fentanyl advertisements), refer such content to law enforcement, and respond to official requests. Platforms must publicly report annually on these metrics, including response times to subpoenas and referrals made. The Federal Trade Commission enforces the requirements, treating violations as unfair or deceptive practices under existing law.