This bill has been briefly discussed in other P&C threads but I feel it deserves it's own dedicated thread. Here are a few starting points for anyone who is unfamiliar with the it:
Open Congress (be sure to view the 'Money Trail' tab!)
This bill focuses on preventing online privacy, which the government estimates costs the US over $1B annually. The premise sounds reasonable at first mention but the bill clearly opens the door for the government to regulate the Web and gives the ability to shut down websites for a variety reasons. It would also create a host of security issues and open the door for all sorts of litigation between ISPs, domain hosts, and users.
I'm curious to hear what everyone thinks about this - especially those in the web industry.