The new bill is designed to improve cybersecurity through enhanced sharing of information about threats plus other pertinent data.

http://www.eweek.com/security/cybersecurity-information-sharing-bill-heading-for-approval-in-senate.html

https://www.congress.gov/bill/114th-congress/senate-bill/754/text

Barring some potential, but unlikely, parliamentary maneuvers, the U.S. Senate will probably pass the Cybersecurity Information Sharing Act the week of Oct. 26.   The bill survived the procedural process last week, and if it’s approved by the full Senate, then Congress may consider a number of amendments intended to answer some of the most significant objections. The vote on the full bill is scheduled for Oct. 27, assuming that nothing interrupts the vote, which is always possible.

Sec. 1. Short title; table of contents.
Sec. 2. Definitions.
Sec. 3. Sharing of information by the Federal Government.
Sec. 4. Authorizations for preventing, detecting, analyzing, and mitigating cybersecurity threats.
Sec. 5. Sharing of cyber threat indicators and defensive measures with the Federal Government.
Sec. 6. Protection from liability.
Sec. 7. Oversight of Government activities.
Sec. 8. Construction and preemption.
Sec. 9. Report on cybersecurity threats.
Sec. 10. Conforming amendments.