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United States · Bill · HR

H.R. 996 (108th)

Consumer Rental Purchase Agreement Act

referredUnited States· United States Congress· EN

Introduced

27 February 2003

Last action

14 March 2003 · Referred

Status

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Sponsors

Rep. Jones, Walter B., Jr. [R-NC-3], Rep. Ross, Mike [D-AR-4], Rep. Hooley, Darlene [D-OR-5], Rep. Goode, Virgil H., Jr. [R-VA-5], Rep. Davis, Jo Ann [R-VA-1], Rep. Turner, Jim [D-TX-2], Rep. Ney, Robert W. [R-OH-18], Rep. Frost, Martin [D-TX-24], Sen. Isakson, Johnny [R-GA], Rep. McCrery, Jim [R-LA-4], Rep. Kelly, Sue W. [R-NY-19], Rep. Kanjorski, Paul E. [D-PA-11], Rep. Terry, Lee [R-NE-2], Rep. Lucas, Ken [D-KY-4], Rep. Sessions, Pete [R-TX-17], Rep. Baker, Richard H. [R-LA-6], Rep. Sherman, Brad [D-CA-32], Rep. Spratt, John M., Jr. [D-SC-5], Rep. Tiberi, Patrick J. [R-OH-12], Rep. Bartlett, Roscoe G. [R-MD-6], Rep. Sweeney, John E. [R-NY-20], Rep. Gillmor, Paul E. [R-OH-5], Rep. Royce, Edward R. [R-CA-39], Rep. LaTourette, Steven C. [R-OH-14], Rep. Goodlatte, Bob [R-VA-6], Rep. Towns, Edolphus [D-NY-10], Rep. Pickering, Charles W. "Chip" [R-MS-3], Rep. McHugh, John M. [R-NY-23], Rep. Carson, Brad [D-OK-2], Rep. Emerson, Jo Ann [R-MO-8], Rep. McIntyre, Mike [D-NC-7], Rep. Alexander, Rodney [R-LA-5], Rep. Bereuter, Doug [R-NE-1], Rep. Linder, John [R-GA-7], Rep. Deal, Nathan [R-GA-9], Rep. Osborne, Tom [R-NE-3], Rep. Sandlin, Max [D-TX-1], Rep. Bonilla, Henry [R-TX-23], Rep. Wamp, Zach [R-TN-3], Sen. Vitter, David [R-LA], Rep. Shimkus, John [R-IL-15], Rep. Ballenger, Cass [R-NC-10], Rep. Diaz-Balart, Lincoln [R-FL-21], Rep. Nethercutt, George R., Jr. [R-WA-5], Rep. Hulshof, Kenny C. [R-MO-9], Rep. English, Phil [R-PA-3], Rep. Burgess, Michael C. [R-TX-26], Rep. Cooper, Jim [D-TN-5]

Subjects

Discovery layer

Source updated

18 August 2025

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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. Establishes civil and criminal liability for violations of this Act. Grants enforcement powers to the Federal Trade Commission and to State attorneys general.

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

Timeline

  1. 27 February 2003

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 27 February 2003

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 27 February 2003

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 14 March 2003

    Referred

    Referred to the Subcommittee on Financial Institutions and Consumer Credit.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 27 February 2003

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  • Introduced in House (PDF)

    Introduced in House · EN · 27 February 2003

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 27 February 2003

    Open at official source

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Sponsors

Showing 48 of 97 sponsors and actors.

Related records

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Sources

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