This bill mandates the Federal Trade Commission (FTC) to conduct a comprehensive review of industry efforts aimed at promoting online safety for minors , defined as individuals under 17. Within six months of enactment, the FTC, consulting with parents and experts, must assess various initiatives including educational programs, parental and child safety tools , age-appropriate content labels, and privacy settings. The review will specifically examine the effectiveness of these efforts in mitigating online harms for minors . Based on its findings, the FTC is required to develop and provide recommendations for industry, Congress, and agencies to improve online safety. A detailed report summarizing these findings and recommendations must be submitted to relevant Congressional committees within three years of the bill's enactment.