Rhode Island · 2025 Regular Session · Bill
SB 172: 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
SB 172 is a bill introduced in the Rhode Island Senate on February 5, 2025. According to its official title, it concerns: AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- INTEREST AND USURY. Primary sponsor: Ruggerio, Melissa Murray (Democratic), Val Lawson (Democratic), Pete Appollonio (Democratic), Lou Raptakis (Democratic), Mark McKenney (Democratic), Walter Felag (Democratic), Matt LaMountain (Democratic), David Tikoian (Democratic), John Burke (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 |
|---|---|---|---|---|
| Ruggerio | Primary sponsor | Not applicable (committee) | — | — |
| Melissa Murray | Primary sponsor | Democratic | Senate | 24 |
| Val Lawson | Primary sponsor | Democratic | Senate | 14 |
| Pete Appollonio | Primary sponsor | Democratic | Senate | 29 |
| Lou Raptakis | Primary sponsor | Democratic | Senate | 33 |
| Mark McKenney | Primary sponsor | Democratic | Senate | 30 |
| Walter Felag | Primary sponsor | Democratic | Senate | 10 |
| Matt LaMountain | Primary sponsor | Democratic | Senate | 31 |
| David Tikoian | Primary sponsor | Democratic | Senate | 22 |
| John Burke | Primary sponsor | Democratic | Senate | 9 |
“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)
- 06/18/2025 House passed Sub A
- 06/16/2025 Placed on House Calendar (06/18/2025)
- 06/16/2025 Committee recommends passage of Sub A
- 06/14/2025 Proposed Substitute
- 06/14/2025 Scheduled for consideration (06/16/2025)
- 05/09/2025 Referred to House Corporations
- 05/08/2025 Senate read and passed
- 05/01/2025 Placed on Senate Calendar (05/08/2025)
Showing 12 most recent of 19 actions. Full history