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- H.R.3003
H.R.3003: Rent-To-Own Reform Act of 1996
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about law
- Introduced March 5, 1996
- Latest Major Action May 3, 1996
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
14 (All Democrats)
Bill Summary
Rent-To-Own Reform Act of 1996 - Amends the Consumer Credit Protection Act to designate a new title X as the Rent-To-Own Protection Act to prohibit a seller in a rent-to-own transaction from taking, receiving, or assessing any interest, finance charge, or other fee for the transaction in excess of that which may be charged under State law which establishes in connection with a credit or retail installment sale for the same or a similar item:...
(Source: Library of Congress)
Bill Actions
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Referred to the House Committee on Banking and Financial Services. period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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| March 5, 1996 |
Introduced in the House by Henry B. Gonzalez (D-Texas) |