Can you expand on why you don't think this will go into effect soon? This is the first I've heard of this bill but given the unanimous passage in the Senste it seems odd that it would fail in the House.
Also, IIRC, bills must originate in the House, which makes me think something like this has already passed there at some point.
This bill "originated" in the Senate. Bills only have to originate in the House if they raise taxes [0]. All other bills can originate in either the House or the Senate. While there is a virtually identical piece of legislation in the House that pre-dates this one, it has not passed the House yet.
Yes
> Will the president veto it?
No
> When can I literally set my clock to this?
2023 at the earliest, but probably much later, if ever. The legislative process is not known to move quickly.