The law as it stands is ridiculously broad, and will make it impossible for small businesses to comply.
You can read more about it here.
In the mean time - check out these new CPSIA Compliant listings - this is our future if the law stands as it is:

CPSIA COMPLIANT TUTU - Design Your Own Ribbon Trimmed Tutu - Hand Picked by You - Perfect for Portraits, Valentine's Day, Birthdays $2940
From frillerup.etsy.com