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Ban on Federal Funds for Entities Partnering with Adversarial Social Media

This bill aims to prohibit individuals and entities from receiving Federal funds if they maintain business relationships, such as advertising or partnerships, with social media companies associated with designated countries of concern (including China, Russia, and Iran). This means organizations relying on government grants must sever ties with these platforms, potentially impacting their marketing and operational strategies. For citizens, this may limit the presence of U.S. entities on these platforms, affecting access to information and advertisements.
Key points
Entities receiving Federal funds are prohibited from having agreements or advertising relationships with social media companies linked to China, Russia, Iran, North Korea, Cuba, and Venezuela.
The definition of 'social media company' includes platforms with over one million monthly active users that allow profile creation and user-generated content.
The consequence for non-compliance is the loss of access to funding from the U.S. Federal budget.
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Additional Information
Print number: 118_S_875
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2023-03-16