A new proposal would temporarily stop the federal government from pushing through bills and regulations on the Internet's content.

Recent attempts to regulate the Internet -- in the form of SOPA, PIPA, and CISPA -- are all dead in the water after failing in Congress. But the potential of poorly thought-out changes remains a reality.

U.S. Rep. Darrell Issa (R-Calif.) released a draft of the proposed bill, dubbed the "Internet American Moratorium Act 2012," to Project Madison on Monday. The crowdsourcing platform allows people to read and amend draft bills online, striking through text and adding commentary when appropriate.