firstly the bill is a draft.
secondly its about issuing any form of money without registering as a money business.
thirdly its not criminal (prison) its civil (fine)

citizens accepting funds for own use wont get fined.

but if found exchanging it multiple times(as a private broker/dealer) without being registered will be fined $250-$500 plus said bitcoins linked to the private broker confiscated.

small businesses accepting funds for own use wont get fined. but if found exchanging it in their small business will be fined $650-$900 plus said bitcoins linked to the small business confiscated.

large businesses.. blah blah.. $1000-$1300 fine plus coins confiscated

best analogy i can compare it to..
drugs
if your just buying it for personal use and only caught once. nothing will happen. but if your an unlicenced medication dispenser(dealer).. expect a fine.