AMENDMENT TO H.R. 4441-???

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What do you all know about this
http://docs.house.gov/meetings/PW/PW00/20160211/104471/BILLS-114-HR4441-D000619-Amdt-38.pdf

I tired a search here & got no results. Has this passed or just proposed?
And if I read it correctly it says Micro UAVs under 4.4 lbs Do not need a Pilots license to operate under 400' and usual NFZs
Also it says we would not need a COA.
But.... Do we still need the 333 Exemption to use commercially or will there be a different thing to acquire?
Thx!
 
This only pertains to commercial operators to help ease up on the requirements of the 333...

This was recently discussed here. Be sure and check the search or look at the suggested post at the bottom as you are crafting yours. ;)
Thread closed. Please comment further here - Proposed "Micro͟" UAS Class? (<4.4lbs.)

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