RI HB 7868
deadAN ACT RELATING TO FINANCIAL INSTITUTIONS -- SMALL LOAN LENDERS
Rhode Island · 2026 Regular Session · lower
Description
Allows a lender to charge an origination fee, increase interest rates and collect a monthly service fee, on loans up to three hundred dollars ($300) but not exceeding five thousand dollars ($5,000).
- Introduced
- 2026-02-27
- Status date
- —
- Latest action
- 2026-03-03 — 03/03/2026 Committee recommended measure be held for further study
- Bill type
- bill
- Last updated
- —
Sponsors
- Fellelaprimary
- Serpaprimary
Committees
Not provided by source.
Action timeline
2026-02-27
02/27/2026 Introduced, referred to House Corporations
introduction,referral-committee
2026-02-27
02/27/2026 Scheduled for hearing and/or consideration (03/03/2026)
2026-03-03
03/03/2026 Committee recommended measure be held for further study
committee-failure
Versions
- 7868Compare
Documents
Votes
Not provided by source.
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:31:46.990152Z
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