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RI H7266
Bill
Status
1/23/2026
Primary Sponsor
Marie Hopkins
Click for details
AI Summary
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Businesses that offer discounts for automatic payments (ACH, EFT, or similar electronic payment systems) must extend the same discount to customers aged 65 or older who pay by paper check
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Amends the existing Senior Savings Protection Act (Chapter 6-40.1 of the General Laws, effective January 1, 2025) by adding a new section on senior discounts
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Applies to any person or business engaged in the sale of goods or services
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Takes effect immediately upon passage
Legislative Description
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).
Commercial Law
Last Action
Committee recommended measure be held for further study
1/27/2026