Rhode IslandAN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- INTEREST AND USURY
What it does
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.
Where do you stand?
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- May 2005/20/2025 Committee recommended measure be held for further studyLatest
- May 1605/16/2025 Scheduled for hearing and/or consideration (05/20/2025)
- Feb 2602/26/2025 Introduced, referred to Senate CommerceIntroduced