Provides for opting out of providing personal information on social media websites. (1/1/27)

Summary

If enacted, this bill would allow individuals to opt out of providing personal information to social media websites, enhancing consumer privacy. Financial institutions and fintechs that use social media data for credit decisions, marketing, or risk assessment would need to respect these opt-out requests and adjust their data collection practices. Compliance programs must incorporate mechanisms to honor opt-out preferences and update privacy notices accordingly.