I totally disagree with this bill of course, but I don't think it's going anywhere fast. Link Removed. No one has signed on to support this thing since September of last year. It's clearly not the most popular piece of legislation out there and will probably just expire when the new Congress comes in.
I'm constantly hearing about terrible-sounding bills that are "currently being considered in Congress"...crazy ideas that make us give $100 billion to third-world countries, move the capital to San Francisco, or whatever. It's really important to remember though...any fringe member of Congress can draft a bill and get it into committee, but that doesn't mean it has any kind of serious chance of getting signed into law. People typically propose these things that will never see the light of day to play to their constituents; co-sponsors do the same. It's probably better to keep an eye on objectionable bills that actually have a shot at passing, and spend energy opposing those.