H.R. 3374 · 113th Congress · 2013–2014
American Savings Promotion Act
H.R. 3374 in the 113th Congress (2013–2014) became law — introduced on Oct 29, 2013, sponsored by Derek Kilmer with 31 co-sponsors.
During the 113th Congress (2013–2014), Barack Obama was president, and Republicans held the House majority and Democrats the Senate majority.
- Status
- Became law
- Introduced
- Oct 29, 2013
- Co-sponsors
- 31
- Policy area
- Finance and Financial Sector
- Public law
- Public Law 113-251
What it does
American Savings Promotion Act - Amends the Revised Statutes of the United States, the Federal Reserve Act, the Federal Deposit Insurance Act, and the Home Owners' Loan Act to authorize covered 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 saving…
Summary by the nonpartisan Congressional Research Service.
Sponsor
Derek Kilmer (D-WA). Co-sponsors: 20 Democrats, 11 Republicans.
Where it stands
- IntroducedOct 29, 2013
- Passed the HouseSep 15, 2014
- Passed the SenateDec 10, 2014
- Sent to the PresidentDec 12, 2014
- Became lawDec 18, 2014
Latest action: Became Public Law No: 113-251. (Dec 18, 2014)
More bills from Derek Kilmer in the 113th Congress
Other Finance and Financial Sector bills in the 113th Congress
- H.R. 1071: To specify the size of the precious-metal blanks that will be used in the production of the…
- H.R. 4386: Money Remittances Improvement Act of 2014
- H.R. 5062: Examination and Supervisory Privilege Parity Act of 2014
- H.R. 2366: World War I American Veterans Centennial Commemorative Coin Act
- S. 2270: Insurance Capital Standards Clarification Act of 2014
- H.R. 3329: To enhance the ability of community financial institutions to foster economic growth and serve…
- H.R. 3468: Credit Union Share Insurance Fund Parity Act
- H.R. 24: Federal Reserve Transparency Act of 2013
- H.R. 129: Return to Prudent Banking Act of 2013
- H.R. 508: TRIA Reauthorization Act of 2013
Committees
- Banking, Housing, and Urban Affairs Committee
- Financial Services Committee
- Judiciary Committee
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 3374 (113th Congress): American Savings Promotion Act,” https://www.capitolreceipts.com/bill/113-hr-3374/american-savings-promotion-act (accessed 2026-10-17).