If I understand you correctly, I shouldn't be concerned, because they're allowed to do it that way now and this doesn't change that. What I mean by this is that a government initiative, or an initiative that's being championed by the bureaucracy, could pursue the path of least resistance by finding a sympathetic external organization that has the benefit of open incorporation by reference, such as the chartered accountants for general accepted accounting principles, or such as the entities that produce building codes or fire codes. They could convince that organization that this change should be made within your standard, or within your principles, and thereby achieve a governmental or a bureaucratic goal another way.
What you're saying is that it's possible to do that now and it will still be possible once this bill is passed. Is that it?