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S 2763 IS
111th CONGRESS
1st Session
S. 2763
To terminate the preemption of State and local laws that prohibit or regulate gaming or the operation of bucket shops, and for other purposes.
IN THE SENATE OF THE UNITED STATES
November 10, 2009
Ms. CANTWELL (for herself, Mr. WYDEN, and Mr. SANDERS) introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry
A BILL
To terminate the preemption of State and local laws that prohibit or regulate gaming or the operation of bucket shops, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. TERMINATION OF PREEMPTION OF STATE AND LOCAL LAWS.
(a) In General- Section 12(e) of the Commodity Exchange Act (7 U.S.C. 16(e)) is amended--
(1) by striking paragraph (2); and
(2) in paragraph (1)--
(A) by striking ‘(1) Nothing’ and inserting ‘Nothing’;
(B) by redesignating subparagraphs (A) through (C) as paragraphs (1) through (3), respectively, and indenting appropriately; and
(C) in paragraph (2) (as redesignated by subparagraph (B))--
(i) by redesignating clauses (i) through (iii) as subparagraphs (A) through (C), respectively, and indenting appropriately; and
(ii) in the matter preceding subparagraph (A) (as redesignated by clause (i)), by striking ‘(except as provided in paragraph (2))’.
(b) Conforming Amendment- Section 2(e)(1) of the Commodity Exchange Act (7 U.S.C. 2(e)(1)) is amended by striking ‘(other than section 12(e)(2)(B))’.
U.S. Congress - Text of S.2763 as Introduced in Senate A bill to terminate the preemption of State and local laws that prohibit or regulate ga...
