Introduced to the House of Reps. Very similar to H.R.2881 that was introduced in 2007 that passed in the House but stalled in the Senate. Looks like it's likely to pass this time based on the new administration. To be effective fiscal year 2009. Great news!
The first link shows the news piece and supporters (NATCA is one of them) the second link in the actual bill. Title VI - FAA Employees and Organization Section 601 discusses the ATC side of things.
AOPA Online: Aviation industry unites for FAA funding bill