I’m parsing it now. I have letters to write.
http://thomas.loc.gov/cgi-bin/query/z?c111:S.1619:
Basically, it looks like an endrun around local government.
Interesting that the banking committee has this. You’d have your local governments AND a stakeholder involved in making the decisions.
According to the Democrat worldview “all politics is local”, but all government is supposed to be centralized.