HR 2267 · 111th Congress · Commerce

Internet Gambling Regulation, Consumer Protection, and Enforcement Act

Introduced 2009-05-06· Sponsored by Rep. Frank, Barney [D-MA-4]· House

Bill Progress

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Introduced
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Committee
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House Vote
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Senate
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Enacted
Latest: Placed on the Union Calendar, Calendar No. 398.(2010-11-30)

Plain Language Summary

[AI summary unavailable — showing source text] Internet Gambling Regulation, Consumer Protection, and Enforcement Act - Grants the Secretary of the Treasury regulatory and enforcement jurisdiction over the Internet Gambling Licensing Program established by this Act. Prescribes administrative and licensing requirements for Internet betting. Prohibits any person from operating an Internet gambling facility that knowingly accepts bets or wagers from persons located in the United States without a license issued by the Secretary. Requires the Secretary to assess: (1) fees against licensee institutions to cover the cost of administering this Act; and (2) specified civil money penalties upon licensees or other persons for willful violation of this Act or related regulations. Cites safeguards required of licensees, including: (1) tax collection related to Internet gambling; (2) safeguards against fraud, money laundering, and terrorist finance; and (3) safeguards to combat compulsive Internet gambling. Requires the Secretary and any qualified state or tribal regulatory body to prescribe regulations for: (1) development of a Problem Gambling, Responsible Gambling, and Self-Exclusion Program; (2) a list of persons self-excluded from gambl…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 2267, Internet Gambling Regulation, Consumer Protection, and Enforcement Act

Sep 22, 2010

<p>Cost estimate for the bill as ordered reported by the House Committee on Financial Services on July 29, 2010</p>

Full CBO report ↗

H.R. 2267, Internet Gambling Regulation, Consumer Protection, and Enforcement Act

Sep 22, 2010

Cost estimate for the bill as ordered reported by the House Committee on Financial Services on July 29, 2010

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (20)

18 Democrats2 Republicans