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H.R. 996 · 108th Congress

Consumer Rental Purchase Agreement Act

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

WJR JonesSponsor
95 cosponsors · 32 D, 63 R
DHD Hooley MRD Ross JAR Ann Davis MFD Frost VGR Goode BNR Ney JTD Turner RBR Baker JIR Isakson PKD Kanjorski SKR Kelly KLD Lucas JMR McCrery PSR Sessions BSD Sherman JSD Spratt LTR Terry RBR Bartlett PGR Gillmor ERR Royce JSR Sweeney PTR Tiberi BGR Goodlatte SLR LaTourette CPR Pickering ETD Towns RAD Alexander DBR Bereuter BCD Carson JAR Ann Emerson JMR McHugh MMD McIntyre NDR Deal JLR Linder TOR Osborne CBR Ballenger HBR Bonilla MBR Burgess JCD Cooper LDR Diaz-Balart PER English RHD Hall KHR Hulshof JLR Leach GNR Nethercutt MSD Sandlin JSR Shimkus DVR Vitter ZWR Wamp JBR Boehner SCR Capito HFD Ford GGR Gutknecht CJD John TLR Latham SMR Myrick RWR Wicker JBR Barton JDR Duncan BGD Gordon JHR Hensarling JKR Kingston ISD Skelton MBR Blackburn LDD Davis MHR Hart WJD Jefferson BJR Jenkins JLD Larson SRD Reyes JRR Ryun JWR Wilson RPR Portman TTR Tiahrt JCD Clyburn JMR Moran SKR King GWR Walden DMD Moore THD Holden SOD Ortiz MKR Kirk BCD Cramer GTD Taylor WAR Akin LBD Boswell JBR Boozman JBR Bonner TFR Feeney SGR Graves JHR Hostettler NLD Lampson BSR Shuster WCD Clay ESR Schrock

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Consumer Rental Purchase Agreement Act - Amends the Consumer Credit Protection Act to prescribe consumer protection guidelines for rental-purchase transactions, including: (1) the determination of rental-purchase cost; (2) disclosure requirements; (3) prohibitions against confessions of judgment, wage assignments, and waiver of consumer claims or defenses;…

What it does: CRS summary · Introduced in House · Feb 27, 2003
Consumer Rental Purchase Agreement Act - Amends the Consumer Credit Protection Act to prescribe consumer protection guidelines for rental-purchase transactions, including: (1) the determination of rental-purchase cost; (2) disclosure requirements; (3) prohibitions against confessions of judgment, wage assignments, and waiver of consumer claims or defenses; (4) furnishing of statements of account; (5) point-of-rental disclosures; and (6) rental-purchase advertising disclosures.

Establishes civil and criminal liability for violations of this Act.

Grants enforcement powers to the Federal Trade Commission and to State attorneys general.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Consumer Rental Purchase Agreement Act

Latest action (Mar 14, 2003): Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Policy area: Commerce · Origin: House · Introduced: Feb 27, 2003

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.