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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.
Introduced
Feb 7, 2025
Last Action
Apr 1, 2025
Session
RI 2025
Sponsors
1 primary · 0 co
04/01/2025 Committee recommended measure be held for further study
03/28/2025 Scheduled for hearing and/or consideration (04/01/2025)
02/07/2025 Introduced, referred to Senate Commerce
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
04/01/2025 Committee recommended measure be held for further study