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BRYAN AMENDMENT NO. 3267 (Senate - July 22, 1998)

[Page: S8803]

Mr. BRYAN proposed an amendment to amendment No. 3266 by Mr. Kyl to the bill, S. 2260, supra; as follows:
On page 3, strike lines 9 through 12, and insert the following:

'(iii) a contract of indemnity or guarantee;

'(iv) a contract for life, health, or accident insurance; or

'(v) participation in a game or contest, otherwise lawful under applicable Federal or State law--

'(I) that, by its terms or rules, is not dependent on the outcome of any single sporting event, any series or sporting events, any tournament, or the individual performance of 1 or more athletes or teams in a single sporting event;

'(II) in which the outcome is determined by accumulated statistical results of games or contests involving the performances of amateur or professional athletes or teams; and

'(III) in which the winner or winners may receive a prize or award;

(otherwise know as a 'fantasy sport league' or a 'rotisserie league') if such participation is without charge to the participant or any charge to a participant is limited to a reasonable administrative fee.

END

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