I don't think it will pass because it's too vague and also punishes the community as a whole, even if they didn't do anything wrong. Especially with a huge amount of people, both YouTubers and general internet users who disagree with it, and will most likely have it changed into something more specific.
As an example, if I recorded my birthday celebration, and I starting dancing to a copyrighted song, then my video would be taken down, I would get a strike (I believe you get 5 strikes) and then I would be sentenced to 5 years in prison? That's just stupid and ridiculous. I hope for the best with this whole thing, I can always make videos with no sound or video, just text, saying "Sup?".