The House Judiciary Committee approved legislation on Thursday that would require Internet service providers (ISPs) to collect and retain records about Internet users' activity.

CNET reported the bill would require ISPs to retain customers' names, addresses, phone numbers, credit card numbers, bank account numbers, and temporarily-assigned IP addresses for 12 months.

The bill passed by a vote of 19 to 10, and is aimed at helping law enforcement track down pedophiles.

"The bill is mislabeled," Rep. John Conyers (D-MI), a senior member of the panel told CNET. "This is not protecting children from Internet pornography. It's creating a database for everybody in this country for a lot of other purposes."

http://www.rawstory.com/rs/2011/07/28/house-panel-approves-bill-forcing-isps-to-log-users-web-history/