Senate
File
490
H-1510
Amend
Senate
File
490,
as
amended,
passed,
and
1
reprinted
by
the
Senate,
as
follows:
2
1.
Page
2,
after
line
20
by
inserting:
3
<
e.
The
financial
institution
offering
the
savings
4
promotion
drawing
account
does
not
reduce
any
interest
5
rate
or
charge
participants
any
additional
fees
as
a
6
means
of
funding
such
promotion
when
compared
to
other
7
similar
savings
accounts,
time
deposits,
or
other
8
savings
programs
offered
by
the
financial
institution.
9
f.
The
financial
institution
offering
the
savings
10
promotion
drawing
account
provides
all
participants
11
with
a
clear
and
conspicuous
disclosure
when
opening
12
a
savings
promotion
drawing
account.
This
disclosure
13
shall
provide
all
participants
with
clear
information
14
on
the
chances
or
odds
of
winning
any
prize
offered
15
pursuant
to
the
savings
promotion
drawing
account.
>
16
______________________________
COMMITTEE
ON
STATE
GOVERNMENT
COWNIE
of
Polk,
Chairperson
-1-
SF490.2156
(3)
84
aw/nh
1/
1
#1.