excerpt:

WASHINGTON — A House panel is scheduled to vote Tuesday on a new bill that would require federal agencies to define unlawful Internet gambling so banks and other financial institutions can comply with the ban against online wagers.

Just introduced late Thursday, the bill calls for the Department of Treasury and the Federal Reserve to consult the U.S. attorney general’s office in creating a formal process to make the definition.

The bill is the latest move by Rep. Barney Frank, D-Mass., the chairman of the House Financial Services Committee, to clear up confusion about how to enforce the ban since President Bush signed it into law in October 2006.

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ReviewJournal.com – Business – Vote ahead on bill for Net betting

Author Contact Info: Tony Batt, Las Vegas Review-Journal

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