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---
type: "Bill"
title: "AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- CREDIT CARD LENDING (Modernizes the Rhode Island credit card lending statute by amending the definition of \"credit card plan\" to keep up with new technology and online purchasing and expressly allows merchants to continue to assist consumers with digital payment options.)"
description: "AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- CREDIT CARD LENDING (Modernizes the Rhode Island credit card lending statute by amending the definition of \"credit card plan\" to keep up with new technology and online purchasing and expressly allows merchants to continue to assist consumers with digital payment options.)"
jurisdiction: "us/states/ri"
legislature: "Rhode Island General Assembly"
session: "2022"
identifier: "HB 7434"
citation: "Rhode Island HB 7434 (2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Alzate", "Barros", "Kennedy", "Solomon"]
version_count: 1
action_count: 12
vote_count: 2
first_action: "2022-02-11"
last_action: "2022-06-15"
source: "openstates"
source_identifier: "ocd-bill/4747b6fe-67ed-47ac-8fb8-e2ba5a0fce26"
source_url: "https://status.rilegislature.gov/"
source_hash: "1d38dde431e954f24042fb2a1abffa6cfbb1731f71dfa81fb7ec957fcc79536a"
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 HB 7434 (2022) — AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- CREDIT CARD LENDING (Modernizes the Rhode Island credit card lending statute by amending the definition of "credit card plan" to keep up with new technology and online purchasing and expressly allows merchants to continue to assist consumers with digital payment options.)
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **7434 SUB A** (committee substitute) — [source](http://webserver.rilin.state.ri.us/BillText/BillText22/HouseText22/H7434A.pdf)
## Votes
- PASSAGE — **670** (pass) · lower
- PASSAGE OF AMENDMENT — **1651** (fail) · lower
## Sponsors
- Alzate — primary (person)
- Barros — primary (person)
- Kennedy — primary (person)
- Solomon — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2022-02-11** 02/11/2022 Introduced, referred to House Corporations `introduction, referral-committee`
- **2022-02-24** 02/24/2022 Scheduled for hearing and/or consideration (03/01/2022)
- **2022-03-01** 03/01/2022 Committee recommended measure be held for further study `committee-failure`
- **2022-05-13** 05/13/2022 Scheduled for consideration (05/17/2022)
- **2022-05-16** 05/16/2022 Proposed Substitute `substitution`
- **2022-05-17** 05/17/2022 Committee recommends passage of Sub A `committee-passage-favorable`
- **2022-05-20** 05/20/2022 Placed on House Calendar (05/25/2022) `reading-3`
- **2022-05-25** 05/25/2022 House passed Sub A `passage`
- **2022-06-02** 06/02/2022 Placed on Senate Calendar (06/07/2022) `reading-3`
- **2022-06-07** 06/07/2022 Senate passed Sub A in concurrence `passage`
- **2022-06-09** 06/09/2022 Transmitted to Governor `executive-receipt`
- **2022-06-15** 06/15/2022 Signed by Governor `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4747b6fe-67ed-47ac-8fb8-e2ba5a0fce26`. Confidence: reported (aggregated from official Rhode Island legislature records).