This legislation is not doing anything at all to help the research go further. It's a bare-naked stifling of a technology that threatens to thin the wallets of a few rich, loud constituents with lobbyists in the building, and probably a healthy dose of emotional whining about some kind of values or tradition being under attack.
Make sure no one is cutting corners in a way that will poison people when food is involved, but otherwise, just let the free market do its thing. I thought that was meant to be the American way.