Two of online poker’s biggest proponents are pushing for support from congress that would prevent the Unlawful Internet Gaming Enforcement Act from being enforced.

Barney Frank (D-Mass.) and Ron Paul (R-Texas) introduced H.R. 5767 on April 10. As proposed the legislation would prevent the Department of the Treasury and Federal Reserve System from proposing, prescribing or implementing any regulations required by UIGEA.

The move, which comes on the heels of testimony from banking institutions in front of the house committee on monetary policy, found a ringing endorsement from the Safe and Secure Internet Gambling Initiative.

“These bi-partisan congressional leaders understand that the proposed regulations can’t work.  Their legislation would relieve U.S. financial services companies from the burden of policing the Internet and implementing a ban on Internet gambling that is doomed to fail,” said Jeffrey Sandman, spokesman for the Safe and Secure Internet Gambling Initiative. 

Representatives from the Credit Union National Association, Financial Services Roundtable, American Bankers Association and Wells Fargo & Co. testified about the burden they would unnecessarily face before the House Committee on Financial Service’s Subcommittee on Domestic and International Monetary Policy, Trade, and Technology on April 2.  They testified that both UIGEA and the proposed regulations were so ambiguous that they made it impossible to determine what may or may not be illegal activities.

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