The proposed changes will likely do more harm than good. 

The proposed changes appear to mostly benefit a select group of "education providers" by providing them with additional income. 

Very little if any evidence has been provided to indicate that the public safety will increase as a result of continuing education. 

As engineers we all already find ways to continually improve our abilities and expand our knowledge as necessary to ensure that our designs, analyses, studies, approvals, etc... do result in safe and effective systems. - without mandatory "continuing education" requirements.  

If passed, any economic stimulus that results from the "classes" might very well be offset by the reduction in licenses renewal fees as engineers decide not to retain the "PE" designation.