The law doesn't work like that. First of all, the actual regulation that gets made probably has a definition of VPN and won't rely on a company self-describing as VPN. Secondly law enforcement and courts aren't idiots*

* well, many of them are. But not in the particular way that would be needed for a simple rename to work.

Proxies aren't VPNs though. They didn't mean call proxies VPNS, they meant provide proxies.

True if you are being technically rigorous. However the "VPN" services being targeted are already what would be more accurately described as a "secure proxy". So whatever regulation gets drafted will certainly be done so to cover "secure proxies", even if it uses the term "VPN".