Rhode Island 2023 Regular Session Status: In Committee 10 D cosponsors

HB 5331 — AN ACT RELATING TO FINANCIAL INSTITUTIONS -- CHECK CASHING (Caps the APR for payday loans at 28%. Requires 90-day maturity date. Prohibits fees/interest payments in excess of 60% of principal. Requires monthly payments of no more than 25% of original principal amount.)

Last action — 03/21/2023 Committee recommended measure be held for further study

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2023 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

We don't have the full text on file for this bill yet.

Read HB 5331 on the official Rhode Island source →

Action History

  1. 03/21/2023 Committee recommended measure be held for further study

  2. 03/17/2023 Scheduled for hearing and/or consideration (03/21/2023)

  3. 02/03/2023 Introduced, referred to House Corporations

Sponsors

Sponsorship breakdown

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10 sponsors · 0 co-sponsors · 104 not signed on

Sponsors (10)

Co-sponsors (0)

None.

Not signed on (104)

104 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors HB 5331?
HB 5331 is sponsored by Karen Alzate (Democratic), Brandon C. Potter (Democratic), Jose F. Batista (Democratic), David Morales (Democratic), Leonela Felix (Democratic), Teresa Ann Tanzi (Democratic), Rebecca M. Kislak (Democratic), Michelle E. McGaw (Democratic), Edith H. Ajello (Democratic), and Raymond A. Hull (Democratic).
What is the current status of HB 5331?
This bill died with 2023 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 5331?
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Last checked for changes 3 months ago · updated continuously

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