Apparently this bill would ban lootboxes and pay-to-win microtransactions in 'games played by minors' (under 18).
Here is the source.
Does this bill have a chance of making real change in the gaming industry? Is such a thing even necessary to begin with? What do you think? Personally, this doesn't seem to ban anything I'll miss and could do a world of good so I'm for it at first glance.