HB 1447

AN ACT TO BE KNOWN AS THE MISSISSIPPI SOCIAL MEDIA FRAUD ACCOUNTABILITY AND CONSUMER PROTECTION ACT; TO PROVIDE THAT SOCIAL MEDIA PLATFORMS HAVE A DUTY OF CARE TO PROTECT USERS FROM FRAUDULENT ADVERTISERS; TO REQUIRE IDENTITY VERIFICATION, FRAUD DETECTION AND REPORTING MECHANISMS; TO MANDATE THE REMOVAL OF FRAUDULENT ADVERTISEMENTS WITHIN SEVENTY-TWO HOURS; TO REQUIRE QUARTERLY TRANSPARENCY REPORTS; TO ESTABLISH LIABILITY AND A SAFE HARBOR FOR COMPLIANT PLATFORMS; TO AUTHORIZE THE ATTORNEY GENERAL TO BRING CIVIL ACTION AGAINST SOCIAL MEDIA PLATFORMS THAT VIOLATE THIS ACT; TO PROVIDE INDIVIDUALS HARMED BY A PATTERN OR PRACTICE THAT VIOLATES THIS ACT A PRIVATE RIGHT OF ACTION; TO AMEND SECTION 75-24-5, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A VIOLATION OF THIS ACT IS AN UNFAIR OR DECEPTIVE BUSINESS PRACTICE UNDER CONSUMER PROTECTION LAWS; TO AMEND SECTIONS 77-3-803 AND 77-3-805, MISSISSIPPI CODE OF 1972, TO PROHIBIT CALLER ID SPOOFING IN ADVERTISEMENTS; TO AMEND SECTION 81-29-3, MISSISSIPPI CODE OF 1972, TO PROHIBIT THE UNAUTHORIZED USE OF BANK NAMES; AND FOR RELATED PURPOSES.