The Youth Revenue Transparency Act would require social media companies whose securities are publicly traded to disclose two pieces of financial information in their annual shareholder meeting materials: the gross revenues they generate from users under 21 years old and the total amount they spend on marketing aimed at this age group. The bill's sponsors cite concerns about rising mental health crises among young people, including increased depression and suicide rates, which they argue are connected to social media use, and contend that investors need this information to make informed decisions about their holdings. The legislation amends the Securities Exchange Act of 1934 to mandate these disclosures without specifying a particular effective date or implementation timeline. The bill would affect major social media platforms and their investors, potentially changing how companies report their business activities by requiring them to break out revenue and marketing spending for users under 21. No specific funding is allocated in the bill, as it primarily establishes new disclosure requirements for private companies rather than government spending.