Rhode Island bills · 2026 Regular Session
Rhode Island HB 8243
AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- DECEPTIVE TRADE PRACTICES
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Newberry (Republican)
Summary
Official abstract published by the Rhode Island legislature· summary
Prohibits disclosure terms "down payment", "money down", or any similar language to describe lump sum payments in order to reduce monthly lease payments. Provides that lump sum payments are non-refundable in the event of a total loss of the vehicle.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Apr 2, 2026 · Legislature
04/02/2026 Committee recommended measure be held for further study - Mar 27, 2026 · Legislature
03/27/2026 Scheduled for hearing and/or consideration (04/02/2026) - Mar 6, 2026 · House
03/06/2026 Introduced, referred to House Corporations