Rhode Island · 2025 Regular Session · Bill
SB 376: AN ACT RELATING TO FINANCIAL INSTITUTIONS -- DEFINITIONS AND ESTABLISHMENT OF FINANCIAL INSTITUTIONS
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 376 is a bill introduced in the Rhode Island Senate on February 26, 2025. According to its official title, it concerns: AN ACT RELATING TO FINANCIAL INSTITUTIONS -- DEFINITIONS AND ESTABLISHMENT OF FINANCIAL INSTITUTIONS. Primary sponsor: Victoria Gu (Democratic), David Tikoian (Democratic), Val Lawson (Democratic), Lou DiPalma (Democratic). Most recent recorded action (March 25, 2025): 03/25/2025 Committee recommended measure be held for further study.
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.
Amends the definition of "regulated institution", to include non-depository trust companies organized under the law of any state or the United States Government.
Sponsors
Sponsors by party (alphabetical): Democratic 4
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Victoria Gu | Primary sponsor | Democratic | Senate | 38 |
| David Tikoian | Primary sponsor | Democratic | Senate | 22 |
| Val Lawson | Primary sponsor | Democratic | Senate | 14 |
| Lou DiPalma | Primary sponsor | Democratic | Senate | 12 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- 03/25/2025 Committee recommended measure be held for further study
- 03/21/2025 Scheduled for hearing and/or consideration (03/25/2025)
- 02/26/2025 Introduced, referred to Senate Commerce