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- S.2947
S.2947: Consumer Rental Purchase Agreement Act of 2002
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about finance and financial sector
- Introduced Sept. 17, 2002
- Latest Major Action Sept. 17, 2002
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
8 (6 Democrats, 3 Republicans)
Bill Summary
Consumer Rental Purchase Agreement Act of 2002 - Amends the Consumer Credit Protection Act to prescribe guidelines for rental-purchase transactions, including: (1) the determination of rental-purchase cost; (2) disclosure requirements; (3) proscriptions 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...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Sept. 17, 2002 |
Introduced in the Senate by Mary L. Landrieu (D-La.) |