Consumer Rental Purchase Agreement Act

Summary

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. Declares that an action for civil liability may be brought against a merchant's assignee only if the violation is apparent on the face of a rental-purchase agreement to which it relates, including, but not limited to, a disclosure that can be determined to be incomplete or inaccurate from the face of the agreement. Authorizes the Board of Governors of the Federal Reserve System to promulgate implementing regulations. Grants enforcement powers to the Federal Trade Commission and to state attorneys general. Subjects to criminal penalties any willful and knowing violation of the information disclosure requirements of this Act.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 29 March 2007

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 29 March 2007

   Introduced

   Introduced in House

   Source: IntroReferral

3. 29 March 2007

   Introduced

   Introduced in House

   Source: IntroReferral

4. 8 June 2007

   Referred

   Referred to the Subcommittee on Financial Institutions and Consumer Credit.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 29 March 2007 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 29 March 2007

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 29 March 2007

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in House

  summary · EN · 29 March 2007

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Clay, Wm. Lacy [D-MO-1] · D · Sponsor
• Rep. Jones, Walter B., Jr. [R-NC-3] · R · Sponsor
• Rep. Emerson, Jo Ann [R-MO-8] · R · Sponsor
• Rep. Meeks, Gregory W. [D-NY-5] · D · Sponsor
• Rep. Ross, Mike [D-AR-4] · D · Sponsor
• Rep. Hooley, Darlene [D-OR-5] · D · Cosponsor
• Rep. Hensarling, Jeb [R-TX-5] · R · Cosponsor
• Rep. Towns, Edolphus [D-NY-10] · D · Cosponsor
• Rep. Price, David E. [D-NC-4] · D · Cosponsor
• Rep. Sherman, Brad [D-CA-32] · D · Cosponsor
• Rep. Terry, Lee [R-NE-2] · R · Cosponsor
• Rep. Goode, Virgil H., Jr. [R-VA-5] · R · Cosponsor
• Rep. Burgess, Michael C. [R-TX-26] · R · Cosponsor
• Rep. LaHood, Ray [R-IL-18] · R · Cosponsor
• Rep. Hastings, Alcee L. [D-FL-20] · D · Cosponsor
• Rep. Wamp, Zach [R-TN-3] · R · Cosponsor
• Rep. Moore, Dennis [D-KS-3] · D · Cosponsor
• Rep. Hulshof, Kenny C. [R-MO-9] · R · Cosponsor
• Rep. Putnam, Adam H. [R-FL-12] · R · Cosponsor
• Rep. Johnson, Eddie Bernice [D-TX-30] · D · Cosponsor
• Rep. Drake, Thelma D. [R-VA-2] · R · Cosponsor
• Rep. Skelton, Ike [D-MO-4] · D · Cosponsor
• Rep. Cleaver, Emanuel [D-MO-5] · D · Cosponsor
• Rep. Calvert, Ken [R-CA-41] · R · Cosponsor
• Rep. Bonner, Jo [R-AL-1] · R · Cosponsor
• Rep. Ortiz, Solomon P. [D-TX-27] · D · Cosponsor
• Rep. Herseth Sandlin, Stephanie [D-SD-At Large] · D · Cosponsor
• Rep. Boren, Dan [D-OK-2] · D · Cosponsor
• Rep. McCaul, Michael T. [R-TX-10] · R · Cosponsor
• Rep. Johnson, Sam [R-TX-3] · R · Cosponsor
• Rep. Myrick, Sue Wilkins [R-NC-9] · R · Cosponsor
• Rep. Coble, Howard [R-NC-6] · R · Cosponsor
• Sen. Capito, Shelley Moore [R-WV] · R · Cosponsor
• David Scott · D · Cosponsor
• Rep. Tiahrt, Todd [R-KS-4] · R · Cosponsor
• Rep. Upton, Fred [R-MI-6] · R · Cosponsor
• Rep. Neugebauer, Randy [R-TX-19] · R · Cosponsor
• Rep. Gohmert, Louie [R-TX-1] · R · Cosponsor
• Rep. Boyda, Nancy E. [D-KS-2] · D · Cosponsor
• Rep. Marchant, Kenny [R-TX-24] · R · Cosponsor
• Rep. Johnson, Henry C. "Hank" [D-GA-4] · D · Cosponsor
• Rep. Berry, Marion [D-AR-1] · D · Cosponsor
• Rep. Goodlatte, Bob [R-VA-6] · R · Cosponsor
• Rep. Foxx, Virginia [R-NC-5] · R · Cosponsor
• Rep. Nunes, Devin [R-CA-22] · R · Cosponsor
• Rep. Sessions, Pete [R-TX-17] · R · Cosponsor
• Rep. Jordan, Jim [R-OH-4] · R · Cosponsor
• Rep. Bishop, Sanford D. [D-GA-2] · D · Cosponsor

Showing 48 of 101 sponsors and actors.

Related records

• related to ← Consumer Rental-Purchase Agreement Act of 2007