2016 House Bill 5251 / Public Act 162

Permit bank loan raffles

Introduced in the House

Jan. 26, 2016

Introduced by Rep. Brandt Iden (R-61)

To allow banks to hold loan promotion raffles, which would not be considered a violation of the state’s illegal gambling laws.

Referred to the Committee on Financial Services

Feb. 10, 2016

Passed in the House 104 to 2 (details)

Received in the Senate

Feb. 11, 2016

Referred to the Committee on Banking and Financial Institutions

May 4, 2016

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

May 18, 2016

Passed in the Senate 37 to 0 (details)

Received in the House

May 18, 2016

May 19, 2016

Passed in the House 106 to 3 (details)

Signed by Gov. Rick Snyder

June 8, 2016