American Savings Promotion Act
The American Savings Promotion Act (H.R. 3374; Pub.L. 113–251) 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.
Wikipage redirect
primaryTopic
American Savings Promotion Act
The American Savings Promotion Act (H.R. 3374; Pub.L. 113–251) 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.
@en
Link from a Wikipage to an external page
Wikipage page ID
43,840,334
Wikipage revision ID
743,818,534
acts affected
Consumer Financial Protection ...... Owners' Loan Act, and others.
agenciesaffected
committees
Fullname
To provide for the use of savi ...... vings, and for other purposes.
introduced in the
introducedby
Rep. Derek Kilmer
introduceddate
2013-10-29
introducedin
name
American Savings Promotion Act
number of co-sponsors
passedas
American Savings Promotion Act
passedbody
passeddate
2014-09-15
2014-12-10
passedvote
sections affected
, , , , , and others.
signeddate
2014-12-18
signedpresident
Sponsored by
hypernym
comment
The American Savings Promotion ...... n equal chance of being drawn.
@en
label
American Savings Promotion Act
@en