Summary
- California Gov. Gavin Newson signed two bills into law to ensure minors on social media have financial protections.
- The new laws expand on the Coogan Law, requiring a portion of minors’ earnings to be set aside in a trust account.
- These laws extend to content creators and provide guidelines for setting aside income made by children online.
- Former child actor Demi Lovato championed the legislation, emphasizing the need for protecting child influencers.