CATCH ME UP
Prime Minister Christopher Luxon says the proposed law would ban social media use for children under 16.
Platforms that do not comply could face fines of up to 10 percent of global revenue.
The proposal would also require age-verification measures.
Some versions of the reporting say certain messaging and productivity apps would be excluded.
Why it mattersThis policy could set a major regulatory precedent for youth internet safety and restrict digital access for millions of minors.
More context
The bill faces political uncertainty because coalition partners oppose it and an election is scheduled for November.