Interesting. I take it the effect of your houserule would be to shut down ranged combat altogether?
This idea is still a WIP.
Even I agree that -32 at that range is ridiculous. So no, I don't want to ultimately shut down ranged combat.
The ultimate goal is to create a more organic penalty system than just -2 every increment.

(Dungeons & Dragons)
Rulebook featuring "high magic" options, including a host of new spells.