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Rhode Island · 2025 Regular Session · Bill

SB 384: AN ACT RELATING TO FINANCIAL INSTITUTIONS -- THE RHODE ISLAND SPECIAL DEPOSITS ACT

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SB 384 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 -- THE RHODE ISLAND SPECIAL DEPOSITS ACT. Primary sponsor: Mark McKenney (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.

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

NameRolePartyChamberDistrict
Mark McKenneyPrimary sponsorDemocraticSenate30

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. 03/25/2025 Committee recommended measure be held for further study
  2. 03/21/2025 Scheduled for hearing and/or consideration (03/25/2025)
  3. 02/26/2025 Introduced, referred to Senate Commerce

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source