1. Short title; table of contents This Act may be cited as the Protecting the Information of our Vulnerable Children and Youth Act or the PRIVCY ACT . 2. Definitions Section 1302 of the Children’s Online Privacy Protection Act of 1998 ( 15 U.S.C. 6501 ) is amended— (1) in paragraph (1)— (A) by inserting or children after child ; and (B) by inserting or individuals, respectively, after individual ; (2) by striking paragraph (10); (3) by redesignating paragraphs (2) through (9) as paragraphs (3) through (10), respectively; (4) inserting after paragraph (1) the following: (2) Young consumer The term young consumer means an individual over the age of 12 and under the age of 18. ; (5) by amending paragraph (3) (as so redesignated) to read as follows: (3) Covered entity The term covered entity means— (A) any organization, corporation, trust, partnership, sole proprietorship, unincorporated association, or venture over which the Commission has authority pursuant to section 5(a)(2) of the Federal Trade Commission Act ( 15 U.S.C. 45(a)(2) ); (B) notwithstanding section 5(a)(2) of the Federal Trade Commission Act ( 15 U.S.C. 45(a)(2) ), common carriers; and (C) notwithstanding sections 4 and 5(a)(2) of the Federal Trade Commission Act ( 15 U.S.C. 44 and 45(a)(2)), any nonprofit organization, including any organization described in section 501(c) of the Internal Revenue Code of 1986 that is exempt from taxation under section 501(a) of the Internal Revenue Code of 1986. ; (6) by amending paragraph (5) (as so redesignated) to read as follows: (5) Disclose The term disclose means to intentionally or unintentionally release, transfer, sell, disseminate, share, publish, lease, license, make available, allow access to, fail to restrict access to, or otherwise communicate covered information.