Sponsor Adriano Espaillat (D-NY) calls it the No Federal Funding for Confederate Symbols Act. H.R. 3660 would more appropriately be titled the Monuments to Slavery Bill.
Before he introduced the new legislation to the House on August 18, 2017 Rep. Espaillat joined Congressman Dwight Evans to announce the purpose:
Federal Funds Should Not Support Monuments to Slavery or White Supremacy.