# Rhode Island H8104: AN ACT RELATING TO PROPERTY -- MORTGAGES OF REAL PROPERTY .

Rhode Island H8104, AN ACT RELATING TO PROPERTY -- MORTGAGES OF REAL PROPERTY ., is a 2026 Regular Session House bill sponsored by Carol Hagan McEntee (Democratic); status became law, last action 2026-06-26 (Effective without Governor's signature — Chapter 281); PRIA reads it as touching household money (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/RI-H8104-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Rhode Island H8104
- State: Rhode Island
- Session: 2026 Regular Session
- Title: AN ACT RELATING TO PROPERTY -- MORTGAGES OF REAL PROPERTY .
- Status: became law
- Chamber: House
- Introduced: 2026-02-27
- Last action: 2026-06-26, Effective without Governor's signature — Chapter 281
- Sponsor: Carol Hagan McEntee (Democratic)
- Cosponsors: 3
- Touches household money: yes
- Roll calls: 2 (107 yes, 0 no in all)
- Economic provisions PRIA read: 2

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Prepayment fees not counted as interest on mortgages: cost, low. The law says prepayment penalties under this section are not interest under the state interest law. This sets how courts and lenders treat these fees under that statute.
- Limits on mortgage prepayment fees for homeowners: mixed, medium. This law covers Rhode Island mortgages on owner‑occupied homes with up to four units. Lenders must state in the note that you can pay the loan in full after one year with no penalty. In the first year, any prepayment fee cannot be more than 2% of the payoff balance. If interest or other charges wer…

## Sponsors and cosponsors

- Sponsor: Carol Hagan McEntee (Democratic), House
- Cosponsor: Justine A. Caldwell (Democratic), House
- Cosponsor: William W. O'Brien (Democratic), House
- Cosponsor: Tina L. Spears (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-06-10 | Senate | RELATING TO PROPERTY -- MORTGAGES OF REAL PROPERTY In Concurrence | pass | 37 | 0 |   |
| 2026-06-08 | House | MORTGAGES OF REAL PROPERTY PASSAGE | pass | 70 | 0 |   |

## Actions (12)

- 2026-06-26: Effective without Governor's signature — Chapter 281 (Governor)
- 2026-06-18: Transmitted to Governor (Governor)
- 2026-06-10: Senate passed Sub A in concurrence (Senate)
- 2026-06-08: Placed on Senate Calendar (06/10/2026) (Senate)
- 2026-06-08: House passed Sub A (House)
- 2026-06-05: Placed on House Calendar (06/08/2026) (House)
- 2026-06-03: Committee recommends passage of Sub A
- 2026-05-29: Proposed Substitute
- 2026-05-29: Scheduled for consideration (06/03/2026)
- 2026-03-26: Committee recommended measure be held for further study
- 2026-03-20: Scheduled for hearing and/or consideration (03/26/2026)
- 2026-02-27: Introduced, referred to House Judiciary (House)

## Bill text

- H8104 - As Introduced, 2026-02-27: [HTML](https://webserver.rilegislature.gov/BillText26/HouseText26/H8104.htm), [PDF](https://webserver.rilegislature.gov/BillText26/HouseText26/H8104.pdf)
- H8104 - Substitute, 2026-02-27: [HTML](https://webserver.rilegislature.gov/BillText26/HouseText26/H8104A.htm), [PDF](https://webserver.rilegislature.gov/BillText26/HouseText26/H8104A.pdf)

## Related bills

- H8046: AN ACT RELATING TO COURTS AND CIVIL PROCEDURE--PROCEDURE GENERALLY -- FEES . (became law)
- H8025: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION . (became law)
- H7866: AN ACT RELATING TO INSURANCE -- UNFAIR CLAIMS SETTLEMENT PRACTICES ACT . (became law)
- H7642: AN ACT RELATING TO COURTS AND CIVIL PROCEDURE -- PROCEDURE GENERALLY -- DISTRICT COURT PRACTICE . (became law)
- S3363: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION . (became law)
- S3337: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION . (became law)

## Sources
- [H8104 - As Introduced (HTML)](https://webserver.rilegislature.gov/BillText26/HouseText26/H8104.htm)
- [H8104 - As Introduced (PDF)](https://webserver.rilegislature.gov/BillText26/HouseText26/H8104.pdf)
- [H8104 - Substitute (HTML)](https://webserver.rilegislature.gov/BillText26/HouseText26/H8104A.htm)
- [H8104 - Substitute (PDF)](https://webserver.rilegislature.gov/BillText26/HouseText26/H8104A.pdf)

## Related
- [H8046: AN ACT RELATING TO COURTS AND CIVIL PROCEDURE--PROCEDURE GENERALLY -- FEES .](https://policyrisk.com/state-bill/RI-H8046-2026)
- [H8025: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION .](https://policyrisk.com/state-bill/RI-H8025-2026)
- [H7866: AN ACT RELATING TO INSURANCE -- UNFAIR CLAIMS SETTLEMENT PRACTICES ACT .](https://policyrisk.com/state-bill/RI-H7866-2026)
- [H7642: AN ACT RELATING TO COURTS AND CIVIL PROCEDURE -- PROCEDURE GENERALLY -- DISTRIC…](https://policyrisk.com/state-bill/RI-H7642-2026)
- [S3363: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION .](https://policyrisk.com/state-bill/RI-S3363-2026)
- [S3337: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION .](https://policyrisk.com/state-bill/RI-S3337-2026)
- [Rhode Island bills](https://policyrisk.com/states/rhode-island/bills)
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Source: PRIA, https://policyrisk.com/state-bill/RI-H8104-2026 (as of 2026-11-01).