Rhode Island · 2025 Regular Session · Bill
HB 5811: AN ACT RELATING TO FINANCIAL INSTITUTIONS -- AN ACT ADOPTING THE FEDERAL SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING ACT OF 2009
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 5811 is a bill introduced in the Rhode Island House on February 28, 2025. According to its official title, it concerns: AN ACT RELATING TO FINANCIAL INSTITUTIONS -- AN ACT ADOPTING THE FEDERAL SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING ACT OF 2009. Primary sponsor: Brandon Potter (Democratic), Bill O'Brien (Democratic), Joseph Solomon (Democratic), Casimiro, Katie Kazarian (Democratic), Jennifer Stewart (Democratic), Brandon Voas (Democratic). Most recent recorded action (June 24, 2025): 06/24/2025 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.
Prohibits an individual who is licensed as both a Rhode Island real estate agent and mortgage loan originator to be compensated for both the sale of the property and the origination or referral of the loan in securing the property.
Sponsors
Sponsors by party (alphabetical): Democratic 6
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Brandon Potter | Primary sponsor | Democratic | House | 16 |
| Bill O'Brien | Primary sponsor | Democratic | House | 54 |
| Joseph Solomon | Primary sponsor | Democratic | House | 22 |
| Casimiro | Primary sponsor | Not applicable (committee) | — | — |
| Katie Kazarian | Primary sponsor | Democratic | House | 63 |
| Jennifer Stewart | Primary sponsor | Democratic | House | 59 |
| Brandon Voas | Primary sponsor | Democratic | House | 57 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- 06/24/2025 Signed by Governor
- 06/18/2025 Transmitted to Governor
- 06/18/2025 Senate passed in concurrence
- 06/13/2025 Placed on the Senate Consent Calendar (06/18/2025)
- 06/02/2025 Committee recommends passage in concurrence
- 05/30/2025 Scheduled for consideration (06/02/2025)
- 05/02/2025 Referred to Senate Commerce
- 04/10/2025 House read and passed
- 04/04/2025 Placed on House Calendar (04/10/2025)
- 03/25/2025 Committee recommends passage
- 03/21/2025 Scheduled for consideration (03/25/2025)
- 03/13/2025 Committee recommended measure be held for further study
Showing 12 most recent of 14 actions. Full history