RI S2275 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on February 12 2024 - 25% progression, died in committee
Action: 2024-03-12 - Committee recommended measure be held for further study
Pending: Senate Commerce Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 12 2024 - 25% progression, died in committee
Action: 2024-03-12 - Committee recommended measure be held for further study
Pending: Senate Commerce Committee
Text: Latest bill text (Introduced) [PDF]
Summary
COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- INTEREST AND USURY - Allows Rhode Island to opt out of provisions of Depository Institutions Deregulation and Monetary Control Act of 1980 which allow financial institutions chartered in states other than Rhode Island to be exempt from interest rate limits set by RI.
Title
Allows Rhode Island to opt out of provisions of Depository Institutions Deregulation and Monetary Control Act of 1980 which allow financial institutions chartered in states other than Rhode Island to be exempt from interest rate limits set by RI.
Sponsors
Roll Calls
2024-03-12 - Senate - Senate Committee on Commerce: Be held for further study (Y: 7 N: 1 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2024-03-12 | Senate | Committee recommended measure be held for further study |
2024-03-08 | Senate | Scheduled for hearing and/or consideration (03/12/2024) |
2024-02-12 | Senate | Introduced, referred to Senate Commerce |
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