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Yup.
I totally agree, there will be heavy censorship of sites like Youtube, because people STEAL artists music and use with out permission. If you were the one that wrote the lyrics and music, paid for the musicians and recording studio, the publication, the advertising etc. You might not be pleased that people STEAL your time efforts and money to use on their video.
That's just enforcing the laws.
Stop acting as if we can trust the thieves and liars in Congress and the various Federal agencies. We CAN'T. They are not going to restrict themselves to enforcing copyright laws! Have you learned nothing from history? History tells us that when government gets power, it will be abused, no matter how "benevolent" the original intent was, and no matter the wording itself. This bill is unnecessary, unconstitutional, and dangerous. It must not pass.