Unlawful Internet Gambling Funding Prohibition Act

3.0.0 627 2023-01-15T22:48:18Z 2023-01-15T22:48:18Z Senate S S 2003-03-13 108 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Reported by 2003-10-28T00:03:28Z Markup by 2003-07-31T23:47:15Z Hearings by 2003-03-18T20:01:30Z Referred to 2003-03-13T23:10:06Z S. Rept. 108-173 Unlawful Internet Gambling Funding Prohibition Act 108 21 HR 2003-05-22 Placed on the Union Calendar, Calendar No. 65. Related bill House Unlawful Internet Gambling Funding Prohibition Act 108 2143 HR 2003-06-11 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill House 2003-10-27 Senate Placed on Senate Legislative Calendar under General Orders. Calendar No. 346. Calendars 2003-10-27 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Committee on Banking, Housing, and Urban Affairs. Reported by Senator Shelby with an amendment in the nature of a substitute. With written report No. 108-173. Committee 2003-10-27 Committee on Banking, Housing, and Urban Affairs. Reported by Senator Shelby with an amendment in the nature of a substitute. With written report No. 108-173. Committee 14000 9 Library of Congress ssbk00 Banking, Housing, and Urban Affairs Committee 2003-07-31 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably. Committee 2003-03-18 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 108-317. Committee 2003-03-13 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S3745-3747) IntroReferral 2003-03-13 Introduced in Senate IntroReferral 10000 9 Library of Congress K000352 Sen. Kyl, Jon [R-AZ] Jon Kyl R AZ Llewellyn N S000320 Sen. Shelby, Richard C. [R-AL] Richard Shelby R AL C. 2003-03-13 True F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2003-03-13 True 2003-09-08T04:00:00Z S. 627, Internet Gambling Funding Prohibition Act http://www.cbo.gov/publication/14755 <p>Cost estimate for the bill as ordered by the Senate Committee on Banking, Housing, and Urban Affairs on July 31, 2003</p> 2003-09-08T04:00:00Z S. 627, Internet Gambling Funding Prohibition Act https://www.cbo.gov/publication/14755 Cost estimate for the bill as ordered by the Senate Committee on Banking, Housing, and Urban Affairs on July 31, 2003 Finance and Financial Sector Administrative procedure Bank loans Checks Civil actions and liability Civil procedure Commerce Computer crimes Congress Congressional reporting requirements Consumer credit Credit Credit cards Crime and Law Enforcement Department of the Treasury District courts Electronic commerce Electronic funds transfers Evidence (Law) Executive reorganization Financial institutions Fines (Penalties) Foreign Trade and International Finance Gambling Government Operations and Politics Government paperwork Governmental investigations Indian lands Injunctions Interactive media International Affairs International cooperation Internet Jurisdiction Law Liability (Law) Lotteries Minorities Money laundering Negotiations Public corruption Science, Technology, Communications Sentences (Criminal procedure) Sports and Recreation Web sites Wireless communication Finance and Financial Sector

00 2003-03-13 Introduced in Senate 2006-11-28T17:35:40Z Prohibits any person engaged in the business of betting or wagering from knowingly accepting in connection with another person's participation in Internet gambling: (1) credit; (2) electronic fund transfers or funds transmitted through money transmitting businesses; (3) any instrument drawn by or on behalf of another and payable through any financial institution; or (4) the proceeds of any other form of financial transaction involving a financial institution as payer or financial intermediary on behalf of another person.

Grants Federal district courts exclusive jurisdiction to prevent or restrain violations. Sets forth civil and criminal penalties.

Limits relief granted against an interactive computer service. Specifies circumstances for the liability of any creditor, issuer, institution, operator, business, network, stored value product transaction, participant, or any interactive computer or telecommunications service.

Calls for the United States, in deliberations with a foreign governments, to: (1) encourage cooperation in identifying whether Internet gambling operations are being used for money laundering or other crimes; (2) advance policies that promote international cooperation in enforcement; and (3) encourage the Financial Action Task Force on Money Laundering to study the extent to which Internet gambling operations are being used for money laundering purposes.

Modifies Federal criminal code provisions on gambling to: (1) include satellite and microwave communications and communications from fixed or mobile sources; and (2) increase the penalty for unlawful transmission of wagering information.]]>

01 2003-10-27 Reported to Senate with amendment(s) 2004-02-27T21:26:16Z Internet Gambling Funding Prohibition Act - (Sec. 3) Establishes within the Department of the Treasury the Office of Electronic Funding Oversight to coordinate Federal efforts to prohibit restricted transactions.

Prohibits any person engaged in the business of betting or wagering from knowingly accepting in connection with another person's participation in Internet gambling: (1) credit; (2) electronic fund transfers or funds transmitted through money transmitting businesses; (3) any instrument drawn by or on behalf of another and payable through any financial institution; or (4) the proceeds of any other form of financial transaction involving a financial institution as payer or financial intermediary on behalf of another person.

Makes this prohibition inapplicable to any otherwise lawful bet or wager that is made on an interstate or intrastate basis on a live horse or a live dog race, or to the sending, receiving, or inviting of information assisting in the placing of such a bet or wager, if such activity is: (1) expressly authorized under applicable Federal law and the laws of that State and licensed or regulated by the State in which such bet or wager is received; (2) placed on a closed-loop subscriber-based service; (3) initiated from a State and received in a State in which betting or wagering on that same type of live horse or live dog racing is lawful; (4) subject to the regulatory oversight and minimum control standards for accounting, regulatory inspection, and auditing by the State in which the bet or wager is received; and (5) made in accordance with the Interstate Horse Racing Act of 1978 or, in the case of live dog racing, is subject to specified consent agreements comparable to those required by that Act.

Provides that the exception does not apply to: (1) a bet or wager made by the use of an agent or proxy using the Internet or an interactive computer service, (but does not prohibit the owner-operator of a pari-mutuel wagering facility that is licensed by a State from employing an agent in the operation of the account wagering system owned or operated by the pari-mutuel facility); and (2) an otherwise lawful bet or wager on any game that constitutes class II or class II gaming (as defined in the Indian Gaming Regulatory Act) or the sending, receiving, or inviting of information assisting in the placing of any such bet or wager, if specified conditions are met; and (3) specified gaming activity conducted on Indian lands on July 31, 2003, using the Internet or other interactive computer service, with the approval of the State regulatory authority , without Tribal-State compact approval.

Grants Federal district courts exclusive jurisdiction to prevent or restrain violations. Sets forth civil and criminal penalties, including authority for State attorneys general to bring actions to prevent or restrain violations or threatened violations.

(Sec. 4) Calls for the United States, in deliberations with a foreign governments, to: (1) encourage cooperation in identifying whether Internet gambling operations are being used for money laundering or other crimes; (2) advance policies that promote international cooperation in enforcement; and (3) encourage the Financial Action Task Force on Money Laundering to study the extent to which Internet gambling operations are being used for money laundering purposes.

(Sec. 5) Modifies Federal criminal code provisions on gambling to: (1) delete a limitation to solely wire communications; (2) specifically include satellite and microwave communications and communications from fixed or mobile sources; and (3) increase the penalty for unlawful transmission of wagering information.]]>

Internet Gambling Funding Prohibition Act Display Title Internet Gambling Funding Prohibition Act Official Title as Introduced A bill to prevent the use of certain payments instruments, credit cards, and fund transfers for unlawful Internet gambling, and for other purposes. Introduced in Senate IS Short Titles as Introduced Unlawful Internet Gambling Funding Prohibition Act Short Titles as Reported to Senate Internet Gambling Funding Prohibition Act S Senate Popular Titles Internet Gambling Prohibition bill 9 Library of Congress Reported to Senate 2003-10-27T05:00:00Z Introduced in Senate 2003-03-13T05:00:00Z 2003-10-27 Placed on Senate Legislative Calendar under General Orders. Calendar No. 346. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.