RI H7941 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on March 5 2024 - 25% progression, died in committee
Action: 2024-03-26 - Committee recommended measure be held for further study
Pending: House Corporations Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 5 2024 - 25% progression, died in committee
Action: 2024-03-26 - Committee recommended measure be held for further study
Pending: House Corporations Committee
Text: Latest bill text (Introduced) [PDF]
Summary
COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- INTEREST AND USURY - Removes the exemption from interest rate limits provided by the Depository Institutions Deregulation and Monetary Control Act of 1980, for all loans made within the state of Rhode Island.
Title
Removes the exemption from interest rate limits provided by the Depository Institutions Deregulation and Monetary Control Act of 1980, for all loans made within the state of Rhode Island.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-26 | House | Committee recommended measure be held for further study |
| 2024-03-22 | House | Scheduled for hearing and/or consideration (03/26/2024) |
| 2024-03-05 | House | Introduced, referred to House Corporations |
Subjects
Commercial Law
COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS
COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- INTEREST AND USURY
COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS
COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- INTEREST AND USURY
Rhode Island State Sources
| Type | Source |
|---|---|
| Summary | https://status.rilegislature.gov/ |
| Text | https://webserver.rilegislature.gov/BillText24/HouseText24/H7941.pdf |
