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North Carolina Republican Rep. Ted Budd introduced a bill Friday morning limiting the Section 230 immunity of Big Tech, after conservatives blasted social media giants for censoring a New York Post article about the Biden familys alleged ties to Ukrainian energy firm Burisma.

The bill, which mirrors Missouri Republican Josh Hawleys in the Senate, would allow Americans to file lawsuits against Big Tech companies who breach good faith user agreementsby censoring political speech or suppressing content.

The bill also withholds Section 230 protections from Big Tech companies unless they change their terms of service to promise to operate in good faith. They would agree to be subject to a $5,000 fine, actual damages and attorneys fees if they violate the agreement.

Recent acts of political censorship by Twitter and Facebook are a disgrace, Budd said in a statement announcing the bill. Big Tech bias has gone too far in suffocating the voices of conservatives across our country. If these companies want to continue to receive legal protection, they should be forced to play by a fair set of rules in good faith. Im extremely proud to join Sen. Hawley in this fight.

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On Wednesday, the Post released a report on purported emails theyd obtained from a whistleblower that appear to show that Hunter Bidenintroduced his father, the then vice president, to a top executive at Ukrainian natural gas firm Burisma Holdings less than a year before the Obama administration pressured government officials in Ukraine to fire prosecutor Viktor Shokin, who was investigating the company.

Facebook admitted to limiting distribution of thePost story until it could be verified by independent fact-checkers, and Twitter prohibited the story from being shared via tweet or direct message altogether.

President Trump has called for stripping Big Tech of their Section 230 protections altogether.

Section 230 of the Communications Decency Act of 1996 states "no provider or user of an interactive computer service shall be treated as the publisher or speaker of any information provided by another information content provider."

The section has been pivotal in the rise of today's social media giants by allowing not only Internet service providers but also Google, Twitter, Facebook, YouTube and others to be shielded from liability from content posted on their platforms by third parties, in most cases. But some critics on the right feel that tech giants should no longer benefit from protections of Section 230 if they censor conservative viewpoints, including controversial postings by Trump.

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Big Tech got something years ago that let them become Big Tech, Trump said of social media platforms liability protections. Were going to take away their Section 230 unless they shape up.

The companion bill in the Senate is led by Sen. Josh Hawley, R-Mo., along with Sens. Marco Rubio, R-Fla., Mike Braun, R-Ind.,Tom Cotton, R-Ark., and Kelly Loeffler, R-Ga. It was introduced in June.

For too long, Big Tech companies like Twitter, Google, and Facebook have used their power to silence political speech from conservatives without any recourse for users. Section 230 has been stretched and rewritten by courts to give these companies outlandish power over speech without accountability, Hawley said in a statement. Congress should act to ensure bad actors are not given a free pass to censor and silence their opponents.

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Republicans on the House Oversight and Reform Committee have also called for an emergency hearing before the Nov. 3 election to hold Twitter and Facebook accountable for "election interference."

Fox News' Tyler Olson contributed to this report.

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Rep. Budd introduces bill to limit Big Tech's Section 230 immunity amid censorship outcry - Fox News