LIVE UPDATES - Possible markup session for the Barney Frank bill

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The "unnamed" representative was Campbell, a Republican from California.

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Rep. Kilroy is offering an amendment that would ban inappropriate advertising for online gambling properties. She's specifically mentioned targeting keywords/search terms for used by kids and problem gamblers.

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The amendment passed with no debate.

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The Bachus-Bachman amendment is up now.

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Bachus reiterates he opposes the bill. But he wants to limit the damage it does if it moves forward. He wants all online gambling firms who have knowingly taken bets from Americans on poker, casino, sports betting or casinos, explicitly banned from participation from any new regulatory scheme.

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Frank doesn't like the fact that the bar applies to employees. Says putting a lifetime ban on lower level employees doesn't make sense.

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Frank says it violates the principles of fairness. Says a janitor shouldn't be culpable for the crimes committed by a company. Bachus seems pretty smug about this.

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Frank is skewering Bachus right now for being an incompetent nitwit.

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Bachman is jumping in to defend Bacchus. I don't think it's in Congress' interests to provide outs for criminals.

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Frank reiterates there is know presumption of innocence.

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Sherman says the amendment lacks due diligence clauses.

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Sherman says unintentional violations of law should be exempted.

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The amendment has been withdrawn without prejudice and can be resubmitted.

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Bacca amendment is up now.

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The Bacca amendment would ensure Native American tribes could participate in offering online gambling.

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Frank just cut Bacca off, saying the amendment is non-germane because the committee doesn't have jurisdiction over the Johnson act.

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Bacca's second amendment would require states to opt into the system instead of opting out of the system.

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Basically, he says states count on gambling revenue too much to be an opt out instead of an opt in.

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Bachus likes this amendment. He likes the opt in. It's much stronger he says. "If we're going to legalize gambling on every iPod in America," this bill sweeps away the state's rights to enforce. "At least what we ought to do is before a state has to accept a federal mandate that would allow gambling in every house, that state should opt in." Bachus also doesn't like the 90-day opt out period saying many legislatures won't even meet within 90 days after this bill is passed (That's actually a valid point).

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Sherman says he will have an amendment that changes the time frame surrounding opting out.