2025 -- H 5831
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LC001945
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S T A T E O F R H O D E I S L A N D
IN GENERAL ASSEMBLY
JANUARY SESSION, A.D. 2025
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A N A C T
RELATING TO COMMERCI AL LAW -- GENERAL REGULATORY PROVISION S --
SENIOR SAVINGS PROTECTION ACT
Introduced By: Representatives Hopkins, Place, Roberts, J. Brien, Bennett, Corvese, and
Chippendale
Date Introduced: February 28, 2025
Referred To: House Corporations
It is enacted by the General Assembly as follows:
SECTION 1. Chapter 6-40.1 of the General Laws entitled "Senior Savings Protection Act 1
[Effective January 1, 2025.]" is hereby amended by adding thereto the following section: 2
6-40.1-2.1. Senior discounts. 3
Any person or business engaged in the sale of goods or services, who offers a discount to 4
its customers for utilizing automatic payment systems, via an automated clearinghouse (ACH) or 5
an electronic funds transfer (EFT) or similar payment systems, shall provide the same discount to 6
any person who is sixty-five (65) years of age or older who makes a payment using paper checks. 7
SECTION 2. This act shall take effect upon passage. 8
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LC001945
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LC001945 - Page 2 of 2
EXPLANATION
BY THE LEGISLATIVE COUNCIL
OF
A N A C T
RELATING TO COMMERCI AL LAW -- GENERAL REGULATORY PROVISIONS --
SENIOR SAVINGS PROTECTION ACT
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This act would require any person or business engaged in the sale of goods or services, and 1
who offers a discount to its customers for utilizing automatic payment systems, via ACH or EFT 2
or similar payment systems, provide the same discount to any person who is sixty-five (65) years 3
of age or older who makes a payment using paper checks. 4
This act would take effect upon passage. 5
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LC001945
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