subcommittee will come to order the chair recognizes them selves for five minutes for the purposes of making an opening statement before the committee that address two important issues facing our country today the first bill relating to travel promotion we recognize that over the last decade the u s share of this bill and i want to thank you for working with our side of the aisle to address some of those issues particularly as it relates to the corporation that is formed with this legislation i know the manager's amendment includes some provisions for penalties and fees in the event that the government has not paid back for some of the fees involved in terms of h r thirty four o two the calling card consumer protection act which we discovered this morning is a serious problem in our country and the revenue generated from selling these cards approaches six billion dollars a year and up to two billion dollars of fraud is involved in that total amount and so we're totally supportive of your efforts in passing this legislation but as we indicated this morning we do have some concerns about this legislation particularly as it relates to the issue of federal preemption h r thirty four zero two would create a new federal regime governing the prepaid calling card business and while the state should be able to enforce the federal regime congress should not permit states to go beyond the federal requirements in my view one of the primary benefits of course with setting these federal standards is having uniform rules in addition to that i would like to express some concerns with the potential removal of the wireless exemption provision i believe this exemption is necessary as the relationship that a wireless carrier has with its customers is quite different from the relationship between the typical prepaid prepaid card provider and its customers detailed disclosures are already provided to wireless customers at the point of purchase of prepaid wireless service finally i would also question the need to allow f t c authorities to go after common carriers in this legislation when the federal communications commission already has the authority to do that i think the better question to ask is why isn't the  been told mr chairman that there will not be a manager's amendment far for h r thirty four o two today so i know we look forward to continuing to work with you as we take the bill prepared for the floor to hopefully address some of these concerns and knowing you i'm certain that you will carefully examine these issues and we look forward to working with you as we move forward and i you know background my time  bill having the chairman the f t c here and then the panel was a good thing and we appreciate the process having a subcommittee markup is also something that the minority appreciates on the two bills that you're attempting to market this afternoon on the first bill the tourism bill i think everybody on the committee on both sides of the aisle is an original co sponsor so i don't think that any problem with this on that myself included on the calling card  bill we'll have to have a little bit of a debate so that we know before we move from subcommittee that you do plan to work together in forms of the manager's amendment it full committee as long as we have those assurances i don't think you will have a problem with the second your coming forth with this manager's and then i think it's a step in the right direction and i were supportive of it i would like to just ask the general counsel our counsel committe one question just curiosity that i have that initial ten million dollar loan from the treasury to provide start up fines for the corporation i think we addressed this in the hearing that i just want to be sure i understand it correctly does that money have to be appropriated are is that not appropriated fines sir that money isn't appropriated ok thank you very much  prepaid telephone calling cards and services without  rush thank you very much for giving us the opportunity on this bill i think was quite helpful that you point out the five areas that we need to work forward as we move toward full committee as you know from the hearing this morning and other discussion tell virus status but we do have some concerns about some of these issues but we look forward to working with you and i'm optimistic and quite positive that we'll be able to work this out and  thank you again for bringing this issue forward