[Congressional Record Volume 171, Number 112 (Saturday, June 28, 2025)]
[Senate]
[Page S3972]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2392. Ms. WARREN submitted an amendment intended to be proposed by
her to the bill H.R. 1, to provide for reconciliation pursuant to title
II of H. Con. Res. 14; which was ordered to lie on the table; as
follows:
At the appropriate place, insert the following:
SEC. _____. PROHIBITION.
(a) Definition.--In this section, the term ``large online
platform''--
(1) means a social media platform, an online search engine,
an online marketplace, or an online communication platform
that averages more than 10,000,000 unique users on a monthly
basis or has more than 10,000,000 user accounts;
(2) includes all parents, subsidiaries, and affiliates of
the entity; and
(3) does not include a platform that only permits users to
interact via a predetermined set of phrases, emoticons, or
nonlinguistic symbols.
(b) Prohibition.--Large online platforms shall not issue
any liability with a maturity of less than 1 year, including
any form of debt that is demandable.
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