New California law requires parents to save money earned by child influencers: ‘Protected from financial abuse’
A new California law requires parents to set aside money earned by child social media influencers and deposit the earnings into accounts their kids can’t access until they are adults. Gov. Gavin Newsom signed the bill beside pop star and former child actress Demi Lovato on Thursday that mandates parents and guardians place a percentage of money made by minors on the web into trust accounts,