There’s still a long way to go for this bill. It’s really a fight against time. The session will no doubt be a little lax shortly as we are in an election year and incumbents need to campaign.
It will take, most likely, a couple more months to get out of the House and over to the Senate, where the bill must go through the same long process. I would not be surprised to see the Senate attach a rider, which would revert the bill back to the House and most likely kill it.
Anyway, looks like the Bill was Reported out yesterday. There will be committee reports written, which will take a little more time and then it will go to a full chamber debate. After that, the House will vote on the Bill. They could send it back to committee, pass it (and send to the Senate), or defeat it.
The next few months will tell if the bill is going to the Senate or not. Only around .005% of introduced Bills pass each year. Since this is not a “heartstrings” type of bill or a threat to national security, I am putting my bet on the bill not going anywhere.