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- 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. The bill was introduced into the United States House of Representatives during the 113th United States Congress by Rep. Derek Kilmer (D, WA-6). A companion piece of legislation was introduced into the United States Senate by Senators Jerry Moran (R-KS) and Sherrod Brown (D-OH). The bill passed the House on a voice vote on September 15, 2014 and passed the Senate by unanimous consent on December 10, 2014. It was signed into law by President Barack Obama on December 18, 2014 and became Public Law No: 113-251. (en)
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- 8909 (xsd:nonNegativeInteger)
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- Consumer Financial Protection Act of 2010, Federal Deposit Insurance Act, Federal Credit Union Act, Revised Statutes of the United States, Home Owners' Loan Act, and others. (en)
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- To provide for the use of savings promotion raffle products by financial institutions to encourage savings, and for other purposes. (en)
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- American Savings Promotion Act (en)
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- American Savings Promotion Act (en)
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- 2014-09-15 (xsd:date)
- 2014-12-10 (xsd:date)
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- , , , , , and others. (en)
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- 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. (en)
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- American Savings Promotion Act (en)
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