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 House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Apr 2404/24/2025 Committee recommended measure be held for further studyLatest
- Apr 1804/18/2025 Scheduled for hearing and/or consideration (04/24/2025)
- Mar 1203/12/2025 Introduced, referred to House CorporationsIntroduced