Rhode Island · 2025 Regular Session · Bill
HB 5332: AN ACT RELATING TO FINANCIAL INSTITUTIONS -- THE RHODE ISLAND SPECIAL DEPOSITS ACT
Passed one chamber Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 5332 is a bill introduced in the Rhode Island House on February 7, 2025. According to its official title, it concerns: AN ACT RELATING TO FINANCIAL INSTITUTIONS -- THE RHODE ISLAND SPECIAL DEPOSITS ACT. Primary sponsor: Mike Chippendale (Republican), Jason Knight (Democratic). Most recent recorded action (March 21, 2025): 03/21/2025 Referred to Senate Commerce.
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.
Establishes the Rhode Island Special Deposits Act to be governed by an account agreement between the bank and the depositor or its beneficiary.
Sponsors
Sponsors by party (alphabetical): Democratic 1 · Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Mike Chippendale | Primary sponsor | Republican | House | 40 |
| Jason Knight | Primary sponsor | Democratic | House | 67 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- 03/21/2025 Referred to Senate Commerce
- 03/13/2025 House read and passed
- 03/07/2025 Placed on House Calendar (03/13/2025)
- 03/04/2025 Committee recommends passage
- 02/28/2025 Scheduled for consideration (03/04/2025)
- 02/11/2025 Committee recommended measure be held for further study
- 02/07/2025 Scheduled for hearing and/or consideration (02/11/2025)
- 02/07/2025 Introduced, referred to House Corporations