I'm all for safety and would love for there to be more options for this kind of tech from other saw makers, but I personally don't think regulation is necessarily the right way to do it. Just like there are legitimate cases for removing the blade guard, there are legitimate cases for running without this safety feature, especially one that would require several hundred dollars more investment even if the safety feature is disabled (On SawStop, you physically can't mount a dado stack unless you buy a special dado stack cartridge).
And if SawStop really wanted to improve safety for everyone... well I find it rather telling that they'll only open their patent if the regulation becomes law. Since they're effectively the only ones with the tech, with the regulation passed, buyers instantly have only one option for however long it takes for competitors to come to market with their own (which they'll be hesitant to do based only on a spoken promise by the patent holder). Instant pseudo-monopoly.