Posts Tagged HR2267
Frank Introduces Bill to Regulate Online Gambling
Posted by CALHE in New Legislation, UIGEA, online poker on May 6th, 2009
Washington, DC – Today, Financial Services Committee Chairman Barney Frank (D-MA) introduced legislation that enables Americans to bet online and end interference with personal freedoms!
If passed, The Internet Gambling Regulation, Consumer Protection, & Enforcement Act of 2009 would establish a federal regulatory and enforcement framework under which Internet gambling operators could obtain licenses authorizing them to accept bets and wagers from individuals in the United States. This legislation comes in response to the enactment of Unlawful Internet Gambling Enforcement Act (UIGEA), which restricted the use of the payments system for Americans who gamble online.
Chairman Frank also announced he will be introducing separate legislation to delay the implementation of regulations regarding the 2006-passed UIGEA, the regulations are currently scheduled to go into effect December 1, 2009. The regulations were signed in by the outgoing Bush Administration at the last minute. If passed, this legislation will stop Federal regulators from enforcing the UIGEA until Congress has had a chance to decide national policy.
Now is the time to contact your representitives and show your support of HR 2267 while urging them to do the same!
