A similar bill to provide liability protection for cyber threat sharing passed the House last year (CISPA); however, President Obama threatened to veto that bill unless Congress strengthened privacy protections. Members of the Senate Intelligence Committee have consulted with the White House and have said they believe CISA balances privacy concerns with the desire to improve computer network security.
It is unknown at this stage whether the Senate will take up the bill for floor debate before the August recess. House Intelligence Committee Chairman Mike Rogers (R-MI) has been urging his colleagues across the Capitol to act on cybersecurity legislation prior to the recess, as reaching any compromise between the two chambers will be increasingly difficult as the November elections approach.