HB 7941 Rhode Island House · 2024 Regular Session

AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- INTEREST AND USURY

Summary
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.
Bill status died 1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
Governor
Introduced Mar 5, 2024 Last action Mar 26, 2024
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Mar 26, 2024
Committee
03/26/2024 Committee recommended measure be held for further study
legislature
Mar 5, 2024
Introduced
03/05/2024 Introduced, referred to House Corporations
lower
10 primary · 0 co-sponsors

Sponsors