Rhode Island Senate bill in Session 2026.
Status: in_committee. Latest action: April 14, 2026.
AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- INTEREST AND USURY.
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.
| Date | Event | Detail |
|---|---|---|
| 2026-01-23 | Introduced | Bill introduced |
| 2026-04-14 | Status | in_committee |
| 2026-04-14 | Latest Action | Committee recommended measure be held for further study |