HB 7943

  • Rhode Island House Bill
  • 2024 Regular Session
  • Introduced in House Mar 05, 2024
  • House
  • Senate
  • Governor

An Act Relating To Commercial Law -- General Regulatory Provisions -- Deceptive Trade Practices

Abstract

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.

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Mar 26, 2024

Rhode Island General Assembly

03/26/2024 Committee recommended measure be held for further study

Mar 22, 2024

Rhode Island General Assembly

03/22/2024 Scheduled for hearing and/or consideration (03/26/2024)

Mar 05, 2024

House

03/05/2024 Introduced, referred to House Corporations

Bill Text

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7943 PDF

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Sources

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