Georgia Senate Bill 403 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 18 2016 - 25% progression, died in committee
Action: 2016-02-19 - Senate Read and Referred
Pending: Senate Banking and Financial Institutions Committee
Text: Latest bill text (Introduced) [PDF]

A BILL to be entitled an Act to amend Chapter 1 of Title 7 of the Official Code of Georgia Annotated, relating to financial institutions, so as to provide for the establishment of sweepstakes savings accounts by financial institutions; to provide for definitions; to provide for rule making authority for the Department of Banking and Finance regarding such accounts; to provide for advertising requirements for such accounts; to amend Code Section 16-12-20 of the Official Code of Georgia Annotated, relating to definitions relative to gambling, so as to provide for an exclusion to a definition; to provide for effective dates; to provide for related matters; to repeal conflicting laws; and for other purposes.

"Sweepstakes Savings Account Act of Georgia"; establishment of sweepstakes savings accounts by financial institutions

Sen. Joshua McKoon [R]

Date	Chamber	Action
2016-02-19	Senate	Senate Read and Referred
2016-02-18	Senate	Senate Hopper

Type	Source
Summary	https://www.legis.ga.gov/legislation/48582
Text	https://www.legis.ga.gov/api/legislation/document/20152016/157968