Sounds like the gov did the right thing. Cyclists shouldn't get special privileges. They're operating a vehicle on the roadway just like everyone else. Drivers of other types of vehicles shouldn't also have to remember special rules just for cyclists.
Drivers of any vehicle should learn all of the rules they need to drive safely and legally. It's not like there's a hundred different types of vehicles on the road. There's some special rules for trucks and motorcycles and bicycles and that's about it.
Plus, travel by bicycle is a net positive for society and I strongly support incentivizing it, including through preferential laws (even though I almost never do it myself).
Let's also get rid of the lower speed limits for 18 wheelers, and weight limits on bridges. Why should passenger vehicles have all the fun?
How about lane splitting for passenger vehicles, just like motorcycles get to do?
All road users do have different rules for using the road: peds, cycles, scooters, motorcycles, cars, cargo trucks, buses, trams, etc. all have specific rules applying to them.