The Libel Terrorism Protection Act. I take it that they’re trying to protect against something they label “libel terrorism” (which is itself something of a misuse of “terrorism,” it seems to me, even if it’s understood as a play on “libel tourism”). But in any case, the name sounds at first like they’re trying to protect terrorism, or libel, or libel terrorism, not protect against it.
The proposal itself — providing that New York state courts need not enforce foreign libel judgments, if the foreign law provided less free speech protection than did U.S. law, and giving New York courts jurisdiction to issue declaratory judgments to this effect — strikes me as sound. For more on why a nonenforcement policy is sound, see the Maryland high court’s 1997 decision in Telnikoff v. Matusevitch. (We Russkies are a bunch of troublemakers.) But Libel Terrorism Protection Act is a funny name for the proposal.