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- S.1012
S.1012: Consumer Rental-Purchase Agreement Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced March 28, 2007
- Latest Major Action March 28, 2007
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
21 (8 Democrats, 14 Republicans)
Bill Summary
Consumer Rental-Purchase Agreement Act of 2007 - 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...
(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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March 28, 2007 |
Introduced in the Senate by Mary L. Landrieu (D-La.) |