---
type: "Bill"
title: "AN ACT RELATING TO PROPERTY -- MORTGAGES OF REAL PROPERTY"
description: "Limits mortgage prepayment rules to mortgages on owner-occupied properties with one to four dwelling units."
jurisdiction: "us/states/ri"
legislature: "Rhode Island General Assembly"
session: "2026"
identifier: "SB 3073"
citation: "Rhode Island SB 3073 (2026)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Britto", "McKenney"]
version_count: 1
action_count: 14
vote_count: 3
first_action: "2026-03-13"
last_action: "2026-06-26"
source: "openstates"
source_identifier: "ocd-bill/bcf08edc-a1d4-4fe0-9da5-a4b6e338a9d7"
source_url: "https://status.rilegislature.gov/"
source_hash: "623cb7b456725e65e9b35c8ab2ae5ab61b7546d0b3b7ec69e4a737fda4903e72"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ri"]
---

# Rhode Island SB 3073 (2026) — AN ACT RELATING TO PROPERTY -- MORTGAGES OF REAL PROPERTY

Limits mortgage prepayment rules to mortgages on owner-occupied properties with one to four dwelling units.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **3073 as amended** (committee substitute) — [source](http://webserver.rilegislature.gov/BillText/BillText26/SenateText26/S3073aa.pdf)

## Votes

- Approval of Amendment — **32–0** (pass) · upper
- Passage as Amended — **35–0** (pass) · upper
- IN CONCURRENCE — **70–0** (pass) · upper

## Sponsors

- Britto — primary (person)
- McKenney — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2026-03-13** 03/13/2026 Introduced, referred to Senate Commerce `introduction, referral-committee`
- **2026-04-10** 04/10/2026 Scheduled for hearing and/or consideration (04/14/2026)
- **2026-04-14** 04/14/2026 Committee recommended measure be held for further study `committee-failure`
- **2026-04-24** 04/24/2026 Scheduled for consideration (04/28/2026)
- **2026-04-28** 04/28/2026 Committee recommends passage `committee-passage-favorable`
- **2026-04-29** 04/29/2026 Placed on Senate Calendar (05/07/2026) `reading-3`
- **2026-05-07** 05/07/2026 Senate passed as amended (floor amendment) `passage`
- **2026-05-08** 05/08/2026 Referred to House Judiciary `referral-committee`
- **2026-05-29** 05/29/2026 Scheduled for consideration (06/03/2026)
- **2026-06-03** 06/03/2026 Committee recommends passage as amended in concurrence `committee-passage-favorable`
- **2026-06-05** 06/05/2026 Placed on House Calendar (06/08/2026) `reading-3`
- **2026-06-08** 06/08/2026 House passed as amended in concurrence `passage`
- **2026-06-18** 06/18/2026 Transmitted to Governor `executive-receipt`
- **2026-06-26** 06/26/2026 Effective without Governor's signature `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/bcf08edc-a1d4-4fe0-9da5-a4b6e338a9d7`. Confidence: reported (aggregated from official Rhode Island legislature records).