> So, if I'm reading this correctly, Chat Control [2.0, implied] is bound to become law?

Nope. This is bad, but not THAT bad.

This is an extension of the existing Chat Control 1.0, which was set to expire (or maybe already has, I didn't keep track). AIUI it gives chat companies permission to scan user chats for illicit content, but does not mandate it.

This is bad, but it's not the much worse still Chat Control 2.0 that was defeated several times already.