States / Rhode Island / HB 8243
HB 8243 Failed
AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- DECEPTIVE TRADE PRACTICES
Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Prohibits disclosure terms "down payment", "money down", or any similar language to describe lump sum payments in order to reduce monthly lease payments. Provides that lump sum payments are non-refundable in the event of a total loss of the vehicle.
- Chamber
- House
- Introduced
- Mar 6, 2026
- Last action
- Apr 2, 2026 — 04/02/2026 Committee recommended measure be held for further study
- Sponsor
- Brian Newberry R
- Session
- 2026
- Momentum
- 5 · Stalled