Ugh, I hadn't even realized that EFF was linking to a two year old version. Little wonder that they got so many things wrong.
For a better overview on upcoming EU legislation, I recommend the legislative train schedule [1]. While the current page on the Directive on Copyright in the Digital Single Market [2] only has the penultimate version, it's still more up to date.
[1] http://www.europarl.europa.eu/legislative-train/
[2] http://www.europarl.europa.eu/legislative-train/theme-connec...