Assembly Bill 283
Authorizing financial institutions to conduct savings promotion prize programs
Became law
The governor signed it on Nov 27, 2017. It's .
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Introduced, passed
Apr 24, 2017
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Committee, passed
Approved
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Assembly vote, passed
Passed Jun 21, 2017
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Senate vote, passed
Passed Oct 31, 2017
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Governor, passed
Signed
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Law, here now
2017 Wisconsin Act 72
Latest entry in the official record, Nov 27, 2017: “Published 11-28-2017”
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Terms on this page
Wisconsin Act
The number a bill gets when it becomes law, like 2025 Wisconsin Act 12.
Official term: Act. More in the glossary
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis. More in the glossary
Author
A lawmaker who formally puts a bill forward. The text itself is drafted by the Legislative Reference Bureau.
Official term: Author, coauthor. More in the glossary
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor. More in the glossary
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote. More in the glossary
What it does
Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.
This bill allows banks, credit unions, savings banks, and savings and loan associations organized under this state's law (state-chartered financial institutions) to conduct or participate in savings promotion programs. A “savings promotion" is a contest or promotion to encourage savings deposits that is sponsored by one or more state-chartered financial institutions of the same type, or by a financial institution trade association or its subsidiary in conjunction with one or more state-chartered financial institutions of the same type, and in which depositors are offered a chance to win designated prizes. A “qualifying account" is a savings account (in the broad sense, including money market and certificate of deposit accounts) through which depositors may obtain chances to win prizes in a savings promotion, and a “nonqualifying account" is a savings account that is not a qualifying account. A state-chartered financial institution may sponsor or participate in a savings promotion if 1) depositors are not required to pay any fee or otherwise provide any consideration in order to enter the savings promotion; 2) all fees charged in connection with a qualifying account are comparable with all fees charged in connection with comparable nonqualifying accounts; 3) each entry in the savings promotion has an equal chance of winning; and 4) participants in the savings promotion are not required to be present at a prize drawing in order to win.
The bill specifies that a savings promotion program is not betting, a lottery, or a raffle. The bill also specifies that a program sponsored by a federally chartered financial institution, or in which a federally chartered financial institution participates, that meets all requirements for a savings promotion program is not betting, a lottery, or a raffle. Under current law, making a bet; receiving, recording, or forwarding a bet or offer to bet for gain; conducting a lottery; or engaging in other gambling activities is illegal.
Who's behind it
21 lawmakers are its . 16 are Republicans and 5 are Democrats.
13 more lawmakers .
See all 34 names Hide the names
Authors (21)
- Joan Ballweg · Republican, Senate
- David Crowley · Democrat, Assembly
- Jason Fields · Democrat, Assembly
- Eric Genrich · Democrat, Assembly
- Cody Horlacher · Republican, Assembly
- Dale Kooyenga · Republican, Senate
- Jesse Kremer · Republican, Assembly
- Scott Krug · Republican, Assembly
- John Macco · Republican, Assembly
- Dave Murphy · Republican, Assembly
- Todd Novak · Republican, Assembly
- Warren Petryk · Republican, Assembly
- Rob Brooks · Republican, Assembly
- Mike Rohrkaste · Republican, Assembly
- Joe Sanfelippo · Republican, Assembly
- Ken Skowronski · Republican, Assembly
- Mark Spreitzer · Democrat, Senate
- Rob Stafsholt · Republican, Senate
- Jeremy Thiesfeldt · Republican, Assembly
- Ron Tusler · Republican, Assembly
- Don Vruwink · Democrat, Assembly
Signed on in support (13)
- David Bowen · Democrat, Assembly
- David Craig · Republican, Senate
- Dan Feyen · Republican, Senate
- Chris Kapenga · Republican, Senate
- Lena Taylor · Democrat, Senate
- Frank G. Lasee · Republican, Senate
- Howard Marklein · Republican, Senate
- Steve Nass · Republican, Senate
- Duey Stroebel · Republican, Senate
- Patrick Testin · Republican, Senate
- Bob Wirch · Democrat, Senate
- Leon Young · Democrat, Assembly
- Josh Zepnick · Democrat, Assembly
How lawmakers voted
There were 2 votes on this bill.
Assembly Committee on Financial Institutions vote to recommend it
Passed, 15 to 0 · Jun 8, 2017
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report passage recommended by Committee on Financial Institutions, Ayes 15, Noes 0”. Official record · This vote on its own page
Senate vote
Passed, 5 to 0 · Oct 27, 2017
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 5, Noes 0”. Official record · This vote on its own page
What happened
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Nov 27, 2017
The new law was published.
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Nov 27, 2017
The governor signed it. It became 2017 Wisconsin Act 72.
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Nov 22, 2017
Sent to the governor.
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Oct 31, 2017
The Senate passed it too.
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Oct 27, 2017
“Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 5, Noes 0” (the official wording)
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Jun 23, 2017
Sent to the Senate Committee on Senate Organization.
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Jun 22, 2017
The Senate received it.
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Jun 21, 2017
1 more representative signed on in support.
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Jun 21, 2017
The Assembly passed it.
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Jun 8, 2017
Sent to the Assembly Committee on Rules.
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Jun 8, 2017
The committee voted to recommend passing it, 15 to 0.
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May 24, 2017 to Jun 7, 2017
2 more representatives signed on in support.
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May 24, 2017
The committee held a public hearing.
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Apr 24, 2017
Sent to the Assembly Committee on Financial Institutions.
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Apr 24, 2017
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Apr 24, 2017 · Assembly
Introduced by Representatives Stafsholt, Fields, Ballweg, R. Brooks, Crowley, Genrich, Horlacher, Kooyenga, Kremer, Krug, Macco, Murphy, Novak, Petryk, Rohrkaste, Sanfelippo, Skowronski, Spreitzer, Thiesfeldt, Tusler and Vruwink; cosponsored by Senators Kapenga, L. Taylor, Craig, Feyen, Lasee, Marklein, Nass, Stroebel, Testin and Wirch
- Apr 24, 2017 · Assembly
Read first time and referred to Committee on Financial Institutions
- May 24, 2017 · Assembly
Public hearing held
- May 24, 2017 · Assembly
Representative Zepnick added as a coauthor
- Jun 7, 2017 · Assembly
Representative Bowen added as a coauthor
- Jun 7, 2017 · Assembly
Executive action taken
- Jun 8, 2017 · Assembly
Report passage recommended by Committee on Financial Institutions, Ayes 15, Noes 0
- Jun 8, 2017 · Assembly
Referred to committee on Rules
- Jun 14, 2017 · Assembly
Placed on calendar 6-21-2017 by Committee on Rules
- Jun 21, 2017 · Assembly
Read a second time
- Jun 21, 2017 · Assembly
Ordered to a third reading
- Jun 21, 2017 · Assembly
Rules suspended
- Jun 21, 2017 · Assembly
Read a third time and passed
- Jun 21, 2017 · Assembly
Representative Young added as a coauthor
- Jun 21, 2017 · Assembly
Ordered immediately messaged
- Jun 22, 2017 · Senate
Received from Assembly
- Jun 23, 2017 · Senate
Read first time and referred to committee on Senate Organization
- Jun 23, 2017 · Senate
Available for scheduling
- Oct 27, 2017 · Senate
Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 5, Noes 0
- Oct 27, 2017 · Senate
Placed on calendar 10-31-2017 pursuant to Senate Rule 18(1)
- Oct 31, 2017 · Senate
Read a second time
- Oct 31, 2017 · Senate
Ordered to a third reading
- Oct 31, 2017 · Senate
Rules suspended
- Oct 31, 2017 · Senate
Read a third time and concurred in
- Oct 31, 2017 · Senate
Ordered immediately messaged
- Oct 31, 2017 · Assembly
Received from Senate concurred in
- Nov 6, 2017 · Assembly
Report correctly enrolled on 11-6-2017
- Nov 22, 2017 · Assembly
Presented to the Governor on 11-22-2017
- Nov 27, 2017 · Assembly
Report approved by the Governor on 11-27-2017. 2017 Wisconsin Act 72
- Nov 27, 2017 · Assembly
Published 11-28-2017
Terms on this page
Wisconsin Act
The number a bill gets when it becomes law, like 2025 Wisconsin Act 12.
Official term: Act. More in the glossary
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis. More in the glossary
Author
A lawmaker who formally puts a bill forward. The text itself is drafted by the Legislative Reference Bureau.
Official term: Author, coauthor. More in the glossary
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor. More in the glossary
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote. More in the glossary
From the Wisconsin Legislature's official record, checked Sep 15, 2026. See the source
Wisconsin Act
The number a bill gets when it becomes law, like 2025 Wisconsin Act 12.
Official term: Act
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote