The Unlawful Internet Gambling Act may be striken from the HR 3004 legislation.

Actions on the US House of Representatives Bill HR3004, the proposed Financial Anti-Terrorism Act of 2001 may be taken as early as today.

The bill, which has 18 House of Representative sponsors, covers numerous laws than strengthen existing money laundering legislation and includes clauses for reporting "suspicious" financial activity. HR 3004 also contains two sections (303 and 304) known as the Unlawful Internet Gambling Act, which were incorporated in the bill's creation.

It appears, however, that the two sections are 'out of place' and have since caused significant dissent.

According to our sources, both sections may be removed today. The bill is currently in the Finance Committee, which will take one of the following options: (1) send it to the House Floor tomorrow for a vote (where it may be amended) or (2) send it to the Rules Committee today.

The Chair of the Rules Committee has expressed his desire to remove sections 303 and 304, claiming it does not belong as part of the bill.

Stay tuned for more details as they develop.

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