AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- INTEREST AND USURY
Summary
Allows RI to opt out of the provisions of DIDMCA exempting out of state lenders from interest rate limits which apply to RI lenders. Prevents evasion of statutory interest rate limits and lending rules for loans made in RI.
Bill status
died
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 27, 2026
Last action Mar 3, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Mar 3, 2026
Committee
03/03/2026 Committee recommended measure be held for further study
legislature
Feb 27, 2026
Introduced
02/27/2026 Introduced, referred to House Corporations
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Arthur Handy
DDemocratic
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