cluding the meaning, relationship to other informa-
tion, origin, and format of the information; and 
(2) establish a process by which the Commis-
sion will consult a data dictionary submitted under 
paragraph (1) in offering advice to a certified re-
searcher under subsection (e)(1). 
(e) CONSULTATION.— 
(1) RESEARCHER CONSULTATION.—The Com-
mission shall offer a certified researcher attempting 
to formulate studies using information to which ac-
cess is provided under this section, or to negotiate 
a memorandum of understanding with a provider of 
a covered platform to conduct research, advice re-
lated to— 
(A) the types of information to which the 
researcher could obtain access; and 
(B) ways to protect the security of such in-
formation in accordance with this section and 
the regulations issued under this section. 
(2) COVERED PLATFORM CONSULTATION.—The 
Commission shall offer a provider of a covered plat-
form support and assistance in complying with this 
section and the regulations issued under this section 
in the provision of access to information to certified 
researchers, regardless of whether the provision of 
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such access is required or optional under this sec-
tion. 
(f) ADVERTISEMENT LIBRARIES.— 
(1) IN GENERAL.—Not later than 18 months 
after the date of the enactment of this Act, the 
Commission shall issue regulations under section 
553 of title 5, United States Code, that require the 
following: 
(A) A provider of a large covered platform 
that sells advertising services to maintain and 
grant certified researchers and the Commission 
access to an advertisement library that contains 
in a searchable, machine-readable format the 
following information (which may be updated by 
the Commission as the Commission determines 
to be necessary) related to any advertiser that 
purchases $500 or more of advertising services 
from the provider in a calendar year: 
(i) The legal name and unique identi-
fication number for each advertiser. 
(ii) The full content contained within 
the advertisement, including machine-read-
able text and textual descriptions of any 
images. 
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(iii) The method used, as selected ei-
ther by the advertiser or by the provider, 
to target an advertisement to users of the 
large covered platform, including uploaded 
lists of users, pre-set categories of users, 
key words, and contextual information. 
(iv) The optimization objective chosen 
by the advertiser (such as awareness, 
reach, traffic, and engagement). 
(v) A description of the targeted audi-
ence for each advertisement, including in-
formation (that may have been collected 
from the profile of a user or based on an 
algorithm) on the demographics of the au-
dience (including age, gender, geographic 
location, race, ethnicity, language, and po-
litical affiliation), interests of the audience, 
and any other description of the targeted 
audience determined to be reasonable by 
the Commission. 
(vi) A description of the delivery audi-
ence of the advertisement determined by a 
count of users who viewed the advertise-
ment, including information (that may 
have been collected from the profile of a 
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user or based on an algorithm) on the de-
mographics of the audience (including age, 
gender, geographic location, race, ethnicity, 
language, and political affiliation), inter-
ests of the audience, and any other de-
scription of the delivery audience deter-
mined to be reasonable by the Commission. 
(vii) The number of times the adver-
tisement was viewed by users. 
(viii) Advertisement conversion (in-
cluding how often an advertisement was 
shared, liked, or clicked-through) and over 
what timeframe. 
(ix) The date and time that the adver-
tisement was first displayed and last dis-
played. 
(x) The amount the advertiser budg-
eted for advertising services with respect to 
the advertisement on the large covered 
platform and the amount paid for such ad-
vertising services. 
(xi) The category of the advertisement 
as defined by the provider (such as politics, 
employment opportunity, housing oppor-
tunity, or apparel). 
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(xii) Each language contained within 
the advertisement. 
(xiii) Any advertising services policy 
of the provider that is made available to 
advertisers. 
(xiv) Whether the advertisement was 
determined to violate any policy described 
in clause (xiii). 
(xv) Any other information the Com-
mission considers necessary. 
(B) The methodology used by the large 
covered platform to calculate the demographics 
of the targeted audience described in subpara-
graph (A)(v) to be the same as the methodology 
used to calculate the demographics of the deliv-
ery audience described in subparagraph (A)(vi). 
(C) In the case of advertisements that are 
deleted by an advertiser or blocked by the ad-
vertising services policy of a provider of a large 
covered platform, the provider to treat such ad-
vertisements (with respect to whether or how 
such advertisements are made available in the 
advertisement library) as specified in such regu-
lations. 
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