POST IT Act of 2023

Providing Opportunities to Show Transparency via Information Technology Act of 2023 or the POST IT Act of 2023

This bill requires the Small Business Administration's Office of the National Ombudsman to include hyperlinks on its website to any guidance that sets forth policy related to a rule covered by a small entity compliance guide.

The POST IT Act of 2023, also known as Bill 118 hr 4668, is a piece of legislation introduced in the US Congress aimed at addressing the issue of online misinformation and disinformation. The bill seeks to hold social media platforms accountable for the spread of false information by requiring them to implement measures to combat the dissemination of misleading content.

Under the POST IT Act, social media companies would be required to establish clear policies for identifying and removing false information from their platforms. They would also be mandated to provide users with tools to report misinformation and to take swift action to address reported content.

Additionally, the bill would require social media platforms to disclose information about the algorithms they use to promote and prioritize content, in an effort to increase transparency and accountability. The legislation also includes provisions for the Federal Trade Commission to enforce compliance with these requirements and to impose penalties on companies that fail to adhere to the new regulations. Overall, the POST IT Act of 2023 aims to combat the spread of misinformation online and to hold social media platforms accountable for their role in disseminating false information. The bill is currently under consideration in Congress and has garnered support from lawmakers on both sides of the aisle.