HB 8243

Rhode Island House bill in Session 2026.

Status: in_committee. Latest action: April 2, 2026.

AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- DECEPTIVE TRADE PRACTICES.

Bill ID RI-2026-HB-8243
Session 2026
Status in_committee
House in_committee 2026-04-02
Business / Commerce
Summary

Prohibits disclosure terms "down payment"", ""money down"", or any similar language to describe lump sum payments in order to reduce monthly lease payments. Provides that lump sum payments are non-refundable in the event of a total loss of the vehicle."

Sponsor
Newberry
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-03-06 Introduced Bill introduced
2026-04-02 Status in_committee
2026-04-02 Latest Action Committee recommended measure be held for further study
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