For the second time in a two-week period a U.S. House subcommittee will examine Internet gambling. The House Financial Services Subcommittee on Financial Institutions, chaired by Rep. Spencer Bachus, R-Ala., will hear testimony on Internet gambling legislation Tuesday at 10 a.m.
Rep. James Leach, R-Iowa, will testify on his bill, HR 556, which would prevent illegal Internet gaming sites from accepting bank payment instruments such as credit or debit cards, and his proposed changes to that bill. Rep. Bob Goodlatte, R-Va., will testify on legislation he introduced in the 106th Congress, HR 3125, which would prohibit
gambling businesses from using the Internet for betting purposes, and similar legislation he plans to introduce in the current Congress.
On July 12, the House Subcommittee on Oversight and Investigations, also part of the Financial Services Committee, held a similar hearing.
Witnesses scheduled to testify are:
Panel I
U.S. Rep. James A. Leach, R-Iowa
U.S. Rep. Bob Goodlatte, R-Va.
U.S. Sen. Jon Kyl, R-Ariz.
Panel II
Michael L. Farmer, Senior Vice President, Wachovia Bank Card Services
Bob Frederick, Director of Athletics, University of Kansas, on behalf of the NCAA
Ernest Stevens, Jr., Chairman, National Indian Gaming Association
Edwin J. McGuinn, CEO, E-Lottery
Timothy A. Kelly, Former Executive Director, National Gambling Impact Study Commission