New copyright legislation on its way?

C|Net reports that a new bill is being drafted on Capitol Hill.
Known as the Security Systems Standards and Certification Act (SSSA), the draft legislation plans to make illegal the manufacture or trade of any "interactive digital device" that does not have a "certified security technology" embedded in it. Moreover, people who make "available to the public" a copyrighted work that has had its protections removed or altered could face stiff fines--and in some cases jail time, if they removed the copy protection themselves.
This piece of legislation seems very broadly worded and largely open to interpretation, at first blush. Indeed, Windows XP's product activation scheme looks tame in comparison.
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