The following link takes one to an article dealing with this legislation.
You might have to paste it into your browser, that's what I had to do, then dig through some "chaff" that comes up. Looks as if things might get rather interesting re this proposal.
In passing, I expect that a number of people, possibly a large number of people here have read Unintended Consequences by John Ross. Think, that in this proposal, there are echoes of the situations depicted by Mr. Ross?