This looks a lot like COPPA but they are trying to increase the age from 12 to 16. Teens are smart, some smarter than their parents when it comes to tech, I think that most teens are going to find a loophole. Or they will have lax parents that don't care.
I feel like this bill just reinforces those awful helicopter karen parents who think that watching TikTok makes kids trans.
I can see that most websites will just do what happened with the revamp of COPPA and just increase the age on the TOS.