The bill's stated purpose is: "To rein in the dragnet collection of data by the National Security Agency (NSA) and other government agencies, increase transparency of the Foreign Intelligence Surveillance Court (FISC), provide businesses the ability to release information regarding FISA requests, and create an independent constitutional advocate to argue cases before the FISC."
I think this is a that has the potential for bi-partisan support and I think it generally reflects popular sentiment against the extent of the NSA's operations and the desire on the part of the public to know what is going on in the FISC and how these decisions are being made.
Personally, I support the existence of the NSA and I support government spying programs but with reservations; there need to be clear and public checks and balances. The past two administrations have taken a sort-of "trust us" approach where the public is expected to trust that the "FISC" - a mysterious and extra-judicial organization if there ever was one - would make the right call. This obviously doesn't cut it.
I would like to see more information about this bill before making any definitive judgment, however. For now, my vote is "yes."