Effective date; sunset; termination of obligations

(a) Effective date (1) Prohibitions Sections 3 and 4 shall take effect on the date that is 90 days after the date of enactment of this Act. (2) Data sharing and transparency Sections 5 through 8 shall take effect— (A) with respect to an entity that is a covered platform as of the date of enactment of this Act, on the date that is 1 year after such date of enactment; and (B) with respect to an entity that is not a covered platform as of the date of enactment of this Act, on the date that is 1 year after the date the entity becomes a covered platform. (b) Sunset This Act shall cease to be effective on the date that is 10 years after the date of enactment of this Act, unless Congress extends such period.