For those that don't get the reference or remember their history... this is exactly what the US has been trying to do since the Cold War eras. [1]
It's absurd, and while it was mostly reformed in the last 1990's, parts of it still linger around.
There's also plenty of good stories from it too, like how Bruce Schneier's "Applied Cryptography" was approved for export, but the exact source code that was it in, but on a floppy drive, was not. [2]
No joke, the bill is so broad that is essentially would ban mathematics research if the math could contribute to AI development in any way whatsoever. So, essentially all math...