What you propose is basically identical to Regehr's "Proposal for a Friendly Dialect of C". What's different in 2021 that will make it succeed now when it failed in 2014? If anything, there's less interest now, as there are viable alternatives and increased investment in tools that work with standard C.
Small bugs are being fixed. One of the most surprising is that shift-left of a negative number was UB (a fact that would be shocking to anyone in the semi-portable camp, who would reasonably expect to to compile to SAL on x86). Fortunately, this (ETA: hopefully) will be fixed in C2x.
ETA: As of N2596, it's still not fixed in the C2x draft. There certainly have been proposals to fix it, and I thought it had been agreed upon, but if so, it hasn't found its way into the draft yet. In the mean time, good luck shifting those negative integers!