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