rider_can_interact parameter for minecraft:rideable component has no effect

Partner Rank: 1
Partner Team Reporting: Shapescape
Verification build: 1.16.0 - PC

Summary: The rider_can_interact parameter of minecraft:rideable component is not causing the entity to be interactable for the player when they're riding it. This is true for both: attack and use inputs.

Impact:

Affects live content, blocks upcoming content, highly likely from other partners as well.

Repro Steps:
Step 1: Enter the provided world with example BP and RP
Step 2: Ride the custom cow
Step 3: Attempt to punch or milk the cow

Repro Rate: 10/10

Observed Results:
Once the player is riding the cow, they're unable to interact with it, despite the rider_can_interact parameter being set to true.

Expected Results:
The player is able to interact with the cow while riding it.
Screenshots / Videos attached: No.
Notes: This was not the case in R14
EDIT: I've been informed that 1.16.0.61 did not have this issue, but 1.16.0.68 did. Possible regression build.