The worrisome parts:
Under a White House plan, the Homeland Security Department will have far-reaching oversight over all civilian agency computer networks.
“I have to question why the Executive branch is writing legislation,” said the source, who requested anonymity because they were not authorized to talk about it. “This is not a proposal or white paper like the White House usually sends to Capitol Hill. This is the actual legislation.”
Additionally, the source said there is a provision toward the end of the document that could have far-reaching effects.
The provision states: “Prohibition, no law, rule, regulation or order or other administrative action of any state or political subdivision shall require a business entity to house a data center in such state or political subdivision there of as a condition to certify, licensure or approval in relating to operation of such entity.”
The source said the provision means the government can’t stop a company from doing business in a state, but if the state is doing a procurement, they can’t tell the business to locate a data center in their state.
The rest is here