HB355 Alabama 2017 Session
Bill Summary
This bill would authorize financial institutions that do business in the state to conduct savings promotion contests for members and customers of the financial institution for the purpose of encouraging depositors to maintain savings accounts and increase personal savings
This bill would specify that the offering of a savings promotion contest is not a lottery within the meaning of the Constitution of Alabama of 1901
To authorize financial institutions that do business in the state to conduct savings promotion contests; to specify the conditions under which a financial institution may conduct a savings promotion contest; to authorize the appropriate federal or state regulatory agency of the financial institution to oversee the conduct of any savings promotion contest conducted by it; and to specify that the offering of a savings promotion contest does not constitute gambling or a lottery.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 19, 2017 | H | Forwarded to Governor on May 19, 2017 at 3:00 p.m. |
| May 19, 2017 | H | Assigned Act No. 2017-406. |
| May 19, 2017 | H | Clerk of the House Certification |
| May 19, 2017 | H | Enrolled |
| May 19, 2017 | S | Signature Requested |
| May 19, 2017 | S | Concurred in Second House Amendment |
| May 19, 2017 | H | Coleman motion to Concur In and Adopt adopted Roll Call 1015 |
| May 19, 2017 | H | Concurrence Requested |
| May 17, 2017 | S | Motion to Read a Third Time and Pass adopted Roll Call 1252 |
| May 17, 2017 | S | Sanford motion to Adopt adopted Roll Call 1251 |
| May 17, 2017 | S | Sanford Amendment Offered |
| May 17, 2017 | S | Shelnutt motion to Table adopted Voice Vote |
| May 17, 2017 | S | Banking and Insurance Amendment Offered |
| May 17, 2017 | S | Shelnutt motion to Adopt adopted Roll Call 1250 |
| May 17, 2017 | S | Banking and Insurance Amendment Offered |
| May 17, 2017 | S | Third Reading Passed |
| May 17, 2017 | S | Shelnutt motion to Carry Over to the Call of the Chair adopted Voice Vote |
| May 17, 2017 | S | Banking and Insurance Amendment Offered |
| May 17, 2017 | S | Banking and Insurance Amendment Offered |
| May 17, 2017 | S | Third Reading Carried Over to Call of the Chair |
| May 3, 2017 | S | Read for the second time and placed on the calendar 2 amendments |
| April 27, 2017 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
| April 25, 2017 | H | Motion to Read a Third Time and Pass adopted Roll Call 637 |
| April 25, 2017 | H | Third Reading Passed |
| March 9, 2017 | H | Read for the second time and placed on the calendar |
| March 2, 2017 | H | Read for the first time and referred to the House of Representatives committee on Financial Services |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | May 3, 2017 | Room 320 **BILLS & PH ADDED** at 09:00 | Senate B&I Hearing |
| Hearing | May 3, 2017 | Room 320 at 09:00 | Senate B&I Hearing |
| Hearing | March 8, 2017 | Room 428 at 09:00 | House FS Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB355 Alabama 2017 Session - Enrolled |
| Bill Text | HB355 Alabama 2017 Session - Introduced |
| Bill Amendments | Senate Banking and Insurance Amendment Offered |
| Bill Amendments | Senate Banking and Insurance Amendment Offered |
| Bill Amendments | Senate Sanford Amendment Offered |