AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- SENIOR SAVINGS PROTECTION ACT

Summary

The bill adds a new provision to Rhode Island's Senior Savings Protection Act. It mandates that any seller who offers a discount for using ACH, EFT, or similar electronic payment methods must also give the same discount to customers aged 65 or older who pay with a paper check. The change aims to protect seniors who prefer traditional check payments from missing out on discounts.

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