2025 Regular SessionRhode Island Legislature

S0172: Provides an interest rate cap on medical debt.

Legislative Summary

COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- INTEREST AND USURY - Provides an interest rate cap on medical debt.

Demographic Impact

Overall analysis of equity impact

80% Positive
High ConfidenceView detailed demographic breakdown ↓

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Bill History

2/5/2025
Introduced, referred to Senate Commerce
Senate
3/21/2025
Scheduled for hearing and/or consideration (03/25/2025)
Senate
3/25/2025
Committee recommended measure be held for further study
Senate
4/18/2025
Scheduled for consideration
Senate
4/21/2025
Meeting postponed (04/22/2025)
Senate
4/29/2025
Scheduled for consideration (05/01/2025)
Senate
5/1/2025
Committee recommends passage
Senate
5/1/2025
Placed on Senate Calendar (05/08/2025)
Senate
5/8/2025
Senate read and passed
Senate
5/9/2025
Referred to House Corporations
House of Representatives

Roll Call Votes

Passage
5/8/2025
35
Yea
0
Nay
3
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Engrossed(5/8/2025)
Chamber
House of Representatives
Committee
Corporations(House of Representatives)

Documents

Introduced
Bill Text2/5/202514.0 KB