Making EULAs easier to deal with could be part of privacy legislation or tied to such legislation. The things covered by privacy legislation will generally fall into three groups.
1. Things that you cannot agree to forego or allow,
2. Things that you can agree to forego or allow, but only as part of an actual negotiation, not implicitly by saying you agree to a EULA, and
3. Things that you can agree to forego or allow by indicating agreement to a EULA, such as by clicking an "I agree" link on a EULA screen.
The privacy legislation could say that in order to get such agreement a EULA must list in a separate section all the items it has from #3, explicitly citing the section and name for each item from the privacy law.
The idea behind the explicit cite to the privacy law is to provide a standard term for each item, so you won't get confused by different companies having different names for the same thing.
This wouldn't cover all the things one might find in a EULA, such as liability limitations, choice of law or choice of venue clauses, arbitration clauses, etc., but it would make it a lot easier to quickly check to see what privacy rights you might be giving up if you click through.