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SB 2206

Rhode Island - Session 2026

Senate in_committee 2026-01-23
Business / Commerce
Bill Details

Title: 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.

Sponsor
Bell
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-23 Introduced Bill introduced
2026-01-23 Status in_committee
2026-01-23 Latest Action Introduced, referred to Senate Commerce
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