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
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 23, 2026
Last action Apr 14, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Apr 14, 2026
Committee
04/14/2026 Committee recommended measure be held for further study
legislature
Jan 23, 2026
Introduced
01/23/2026 Introduced, referred to Senate Commerce
upper
10 primary · 0 co-sponsors
Sponsors
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