Rhode Island · 2025 Regular Session · Bill
SB 768: AN ACT RELATING TO COMMERCIAL LAW--GENERAL REGULATORY PROVISIONS -- INTERCHANGE FEE RESTRICTION ACT
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 768 is a bill introduced in the Rhode Island Senate on March 14, 2025. According to its official title, it concerns: AN ACT RELATING TO COMMERCIAL LAW--GENERAL REGULATORY PROVISIONS -- INTERCHANGE FEE RESTRICTION ACT. Primary sponsor: Lou Raptakis (Democratic), David Tikoian (Democratic), Frank Ciccone (Democratic), John Burke (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.
Creates the interchange fee restriction act restricting interchange fees on sales and use tax or excise tax when payment is made with a credit or debit card.
Sponsors
Sponsors by party (alphabetical): Democratic 4
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Lou Raptakis | Primary sponsor | Democratic | Senate | 33 |
| David Tikoian | Primary sponsor | Democratic | Senate | 22 |
| Frank Ciccone | Primary sponsor | Democratic | Senate | 7 |
| 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
- 03/25/2025 Committee recommended measure be held for further study
- 03/21/2025 Scheduled for hearing and/or consideration (03/25/2025)
- 03/14/2025 Introduced, referred to Senate Commerce