To create an explicit crime of obtaining personal information by false pretenses over the internet (“phishing”) punishable by up to 10 years in prison and a $500,000 fine, authorize damages of up to $250,000 a day, and provide immunity to internet service providers or “interactive computer services” who remove or disable access to an internet domain name based on a good faith belief that it is being used for “phishing”.   Official Text and Analysis.

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.