If the bill still claims to be about "child online exploitation", that's plenty reason to be skeptical. "Think of the children" is a powerful weapon because it's easy for the sponsors to politically assassinate anyone who votes against it. Source: I worked for a company that used that argument when lobbying.
I know enough about myself to know I'm not qualified to represent myself in court and I'm not qualified to read the text of a bill and pretend like I understand it.
I trust the EFF[1] to represent my values.
[1] https://www.eff.org/deeplinks/2020/07/new-earn-it-bill-still...