I read this bill earlier today, and it most certainly is NOT an attempt to "revive SOPA." Both BoingBoing and TechDirt sensationalize what this is.
Rep. Smith's new bill is basically an agency shuffle of the already-established IP attache program, which is currently under the US Patent and Trademark office. Smith's bill would move this office to the Department of Commerce, and turn it into a full agency. That likely means beefing up efforts to expand the promotion of US IP laws around the world. But it is not even close to establishing DNS blocking, or any of the other truly problematic parts of SOPA.