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]

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.

Tracking Information

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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

DateChamberAction
2024-03-12SenateCommittee recommended measure be held for further study
2024-03-08SenateScheduled for hearing and/or consideration (03/12/2024)
2024-02-12SenateIntroduced, referred to Senate Commerce

Subjects


Rhode Island State Sources


Bill Comments

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