Rhode Island · 2025 Regular Session · Bill
HB 5235: AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- INTEREST AND USURY
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 5235 is a bill introduced in the Rhode Island House on January 29, 2025. According to its official title, it concerns: AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- INTEREST AND USURY. Primary sponsor: Doc Corvese (Democratic), Jackie Baginski (Democratic), Alex Finkelman (Democratic), Casimiro, Tom Noret (Democratic), June Speakman (Democratic), Earl Read (Democratic), Jenni Furtado (Democratic), Arthur Handy (Democratic), Mary Ann Shallcross-Smith (Democratic). Most recent recorded action (June 26, 2025): 06/26/2025 Signed by Governor.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Provides an interest rate cap on medical debt.
Sponsors
Sponsors by party (alphabetical): Democratic 9
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Doc Corvese | Primary sponsor | Democratic | House | 55 |
| Jackie Baginski | Primary sponsor | Democratic | House | 17 |
| Alex Finkelman | Primary sponsor | Democratic | House | 74 |
| Casimiro | Primary sponsor | Not applicable (committee) | — | — |
| Tom Noret | Primary sponsor | Democratic | House | 25 |
| June Speakman | Primary sponsor | Democratic | House | 68 |
| Earl Read | Primary sponsor | Democratic | House | 26 |
| Jenni Furtado | Primary sponsor | Democratic | House | 64 |
| Arthur Handy | Primary sponsor | Democratic | House | 18 |
| Mary Ann Shallcross-Smith | Primary sponsor | Democratic | House | 46 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- 06/26/2025 Signed by Governor
- 06/23/2025 Transmitted to Governor
- 06/20/2025 Senate passed Sub A in concurrence
- 06/18/2025 Placed on Senate Calendar (06/20/2025)
- 06/17/2025 Committee recommends passage of Sub A in concurrence
- 06/14/2025 Scheduled for consideration (06/17/2025)
- 06/11/2025 Referred to Senate Commerce
- 06/03/2025 House passed Sub A
- 05/30/2025 Placed on House Calendar (06/03/2025)
- 05/15/2025 Committee recommends passage of Sub A
- 05/09/2025 Proposed Substitute
- 05/09/2025 Scheduled for consideration (05/15/2025)
Showing 12 most recent of 15 actions. Full history