AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- SENIOR SAVINGS PROTECTION ACT (Requires anyone engaged in the sale of goods or services, and who offers a discount to its customers’ for utilizing automatic payment systems, via ACH or EFT or similar payment systems, provide the same discount to any person who is sixty-five (65).)

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- SENIOR SAVINGS PROTECTION ACT (Requires anyone engaged in the sale of goods or services, and who offers a discount to its customers’ for utilizing automatic payment systems, via ACH or EFT or similar payment systems, provide the same discount to any person who is sixty-five (65).)

AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- SENIOR SAVINGS PROTECTION ACT (Requires anyone engaged in the sale of goods or services, and who offers a discount to its customers’ for utilizing automatic payment systems, via ACH or EFT or similar payment systems, provide the same discount to any person who is sixty-five (65).)

What This Bill Does

• AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- SENIOR SAVINGS PROTECTION ACT (Requires anyone engaged in the sale of goods or services, and who offers a discount to its customers’ for utilizing automatic payment systems, via ACH or EFT or similar payment systems, provide the same discount to any person who is sixty-five (65).)

Limits and Unknowns

• This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Official Summary Text

AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- SENIOR SAVINGS PROTECTION ACT (Requires anyone engaged in the sale of goods or services, and who offers a discount to its customers’ for utilizing automatic payment systems, via ACH or EFT or similar payment systems, provide the same discount to any person who is sixty-five (65).)

Current Bill Text

H7266

2026 -- H 7266
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LC003949
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STATE OF RHODE ISLAND
IN GENERAL ASSEMBLY
JANUARY SESSION, A.D. 2026
____________
A N A C T
RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS --
SENIOR SAVINGS PROTECTION ACT

Introduced By:
Representatives Hopkins, J. Brien, Casimiro, Shanley, Perez, Solomon,
Nardone, Fascia, Read, and Tanzi

Date Introduced:
January 23, 2026

Referred To:
House Corporations
It is enacted by the General Assembly as follows:
1
SECTION 1. Chapter 6-40.1 of the General Laws entitled "Senior Savings Protection Act
2
[Effective January 1, 2025.]" is hereby amended by adding thereto the following section:
3

6-40.1-2.1. Senior discounts.

4

Any person or business engaged in the sale of goods or services, who offers a discount to
5
its customers for utilizing automatic payment systems, via an automated clearinghouse (ACH) or
6
an electronic funds transfer (EFT) or similar payment systems, shall provide the same discount to
7
any person who is sixty-five (65) years of age or older who makes a payment using paper checks.
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SECTION 2. This act shall take effect upon passage.
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LC003949
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EXPLANATION
BY THE LEGISLATIVE COUNCIL
OF
A N A C T
RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS --
SENIOR SAVINGS PROTECTION ACT
***
1
This act would require any person or business engaged in the sale of goods or services, and
2
who offers a discount to its customers for utilizing automatic payment systems, via ACH or EFT
3
or similar payment systems, provide the same discount to any person who is sixty-five (65) years
4
of age or older who makes a payment using paper checks.
5
This act would take effect upon passage.
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LC003949
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