Establishes the Youth Well-Being and Digital Accountability Act and Fund to manage settlement proceeds from social media companies.

The Youth Well-Being and Digital Accountability Act creates a fund to hold settlement proceeds from social media companies. An independent authority governs the fund, administering monies in evidence-informed programs that support youth mental health and well-being. The authority consults with stakeholders to develop a strategic investment plan, guiding fund expenditures. The authority can award grants to eligible entities, avoiding duplication of existing federal, state, local, or private funding.

Establishes the Youth Well-Being and Digital Accountability Act and Fund to manage settlement proceeds from social media companies.

The Youth Well-Being and Digital Accountability Act creates a fund to hold settlement proceeds from social media companies. An independent authority governs the fund, administering monies in evidence-informed programs that support youth mental health and well-being. The authority consults with stakeholders to develop a strategic investment plan, guiding fund expenditures. The authority can award grants to eligible entities, avoiding duplication of existing federal, state, local, or private funding.