Consumer Automobile Leasing Act of 1996

Summary

Consumer Automobile Leasing Act of 1996 - Amends the Consumer Credit Protection Act (CCPA) to include in the definition of "consumer lease" contracts not exceeding $50,000 (currently, not exceeding $25,000). Modifies requirements regarding consumer lease disclosures and advertising and imposes new requirements applicable to automobile lease disclosures and advertising. Prohibits any stipulation, provision, or term of any lease from waiving a lessor's liability or depriving a lessee of any right or benefit under Federal or State law. Amends the Truth in Lending Act (title I of the CCPA) to limit the total civil liability for violation of any consumer lease provision requirement to $10,000. Mandates model disclosure forms. Requires a study and report to the Congress on the feasibility of instituting a procedure for standardizing the terms and costs of automobile leases similar to unit pricing for consumer perishable goods.

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Timeline

1. 22 May 1996

   Introduced

   Referred to the House Committee on Banking and Financial Services.

   Source: IntroReferral

2. 22 May 1996

   Introduced

   Introduced in House

   Source: IntroReferral

3. 22 May 1996

   Introduced

   Introduced in House

   Source: IntroReferral

4. 23 May 1996

   Introduced

   Sponsor introductory remarks on measure. (CR E885-887)

   Source: IntroReferral

5. 31 May 1996

   Referred

   Referred to the Subcommittee on Financial Institutions and Consumer Credit.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 22 May 1996 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 22 May 1996

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 22 May 1996

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 22 May 1996

  Open at official source

  Leesvertaling

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  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. LaFalce, John J. [D-NY-29] · D · Sponsor
• Sen. Schumer, Charles E. [D-NY] · D · Sponsor
• Rep. Roybal-Allard, Lucille [D-CA-40] · D · Sponsor
• Rep. Lipinski, William O. [D-IL-3] · D · Sponsor
• Del. Frazer, Victor O. [I-VI-At Large] · I · Sponsor
• Rep. Kaptur, Marcy [D-OH-9] · D · Cosponsor
• Rep. Bryant, John W. [D-TX-5] · D · Cosponsor
• Rep. Evans, Lane [D-IL-17] · D · Cosponsor
• Rep. Levin, Sander M. [D-MI-12] · D · Cosponsor
• · hsba00 · Standing

Related records

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