This is the third attempt of the French government to pass such a law. The first attempt tripped at the final hurdle when insufficient numbers of deputies from the majority turned up to vote, requiring a resubmission of the bill, which was subsequently struck down by France's Constitutional Court, which ruled that only a judge could impose such penalties as cutting internet access.
The new bill is also known as the 'three-strikes law' for its graduated response to internet piracy: first a suspected downloader is sent a warning email, then a letter in the post and finally would see their connection cut for up to a year if they persist in downloading content without the permission of the copyright owner.
A scofflaw could even face fines of up to €300,000 and up to two years in jail.
Families whose children download illegally are not exempt from the law, but face reduced penalties - a month of no internet access and fines of €3,750.
The bill also requires that wi-fi users block non-authorised users from accessing their connection.
To overcome the objections of the Constitutional Court, a judge will now be required for the imposition of penalties.
Other European countries however have watched the bill's evolution closely, hoping to develop similar legislation. Sweden already has a comparable legal framework and has seen a massive drop in internet piracy. The UK Department for Culture, Media and Sport is also considering legislating to tackle the problem of "unlawful peer-to-peer (P2P) file-sharing."
The European Parliament however has taken a strong stance against such legislation, arguing that cutting people's internet off now is akin to cutting off someone's electricity or water - essentially that internet access is a fundamental right.