Bill Commons

RI SB 2206

dead

AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- INTEREST AND USURY

Rhode Island · 2026 Regular Session · upper

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Quick answers

Did RI SB 2206 pass?

No. RI SB 2206 did not pass — it was defeated or died in the legislative process. Latest recorded action (2026-04-14): 04/14/2026 Committee recommended measure be held for further study

What is RI SB 2206 about?

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.

Who sponsors RI SB 2206?

DiMario, Vargas, Acosta and 7 others are the primary sponsors of RI SB 2206.

Description

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.

Introduced
2026-01-23
Latest action
2026-04-14 — 04/14/2026 Committee recommended measure be held for further study
Bill type
bill
Last updated
—

Sponsors

  • DiMarioprimary
  • Vargasprimary
  • Acostaprimary
  • Valverdeprimary
  • Quezadaprimary
  • Ujifusaprimary
  • Guprimary
  • Thompsonprimary
  • Murrayprimary
  • Bellprimary

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-04-14

    04/14/2026 Committee recommended measure be held for further study

    committee-failure

  2. 2026-04-10

    04/10/2026 Scheduled for hearing and/or consideration (04/14/2026)

  3. 2026-01-23

    01/23/2026 Introduced, referred to Senate Commerce

    introduction,referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://status.rilegislature.gov/

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:31:46.990152Z

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