Hmmm. Could have sworn when I looked at this when it was first proposed, it excluded my plane and also IFR. Maybe they've broadened it since. Of course since it hasn't even made it as a formal proposal yet, it could turn out to be anything at all, or nothing.
Interesting that the main opposition is the medical profession, who obviously (and correctly) see it as reducing income for AMEs. Nothing like a bit of unenlightened self-interest. (For those of you who don't live in the US, the financial greed of the medical profession here is just unbelievable).
OK, just looked it all up. Indeed the original AOPA/EAA proposal was fixed gear, day VFR, single passenger in aircraft with up to four seats. Now the one coming from Washington is as stated by Cobalt, so much, much broader. Remains to be seen what will actually happen. Clearly the FAA isn't keen on it, considering that they have done nothing with the AOPA/EAA proposal. And you can be sure the medical profession will be painting pictures (already is) of Beech Twins falling from the sky onto schools due to pilot incapacitation.