American Savings Promotion Act
The American Savings Promotion Act (H.R. 3374; Pub.L. 113–251 (text) (pdf)) is a United States federal statute that authorizes some financial institutions to conduct a contest, known as a "savings promotion raffle," in which the sole consideration required for a chance of winning designated prizes is obtained by the deposit of a specified amount of money in a savings account or program, where each ticket or entry has an equal chance of being drawn.
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American Savings Promotion Act
The American Savings Promotion Act (H.R. 3374; Pub.L. 113–251 (text) (pdf)) is a United States federal statute that authorizes some financial institutions to conduct a contest, known as a "savings promotion raffle," in which the sole consideration required for a chance of winning designated prizes is obtained by the deposit of a specified amount of money in a savings account or program, where each ticket or entry has an equal chance of being drawn.
has abstract
The American Savings Promotion ...... became Public Law No: 113-251.
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43,840,334
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917,909,239
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acts affected
Consumer Financial Protection ...... Owners' Loan Act, and others.
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agenciesaffected
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InternetArchiveBot
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committees
date
September 2019
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fix-attempted
yes
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fullname
To provide for the use of savi ...... vings, and for other purposes.
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introduced in the
introducedby
Rep. Derek Kilmer
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introduceddate
2013-10-29
introducedin
House
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name
American Savings Promotion Act
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number of co-sponsors
passedas
American Savings Promotion Act
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passedbody
House
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Senate
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passeddate
2014-09-15
2014-12-10
passedvote
sections affected
, , , , , and others.
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signeddate
2014-12-18
signedpresident
sponsored by
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comment
The American Savings Promotion ...... n equal chance of being drawn.
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label
American Savings Promotion Act
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