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Legislative Update
The Consumer Rental Purchase Agreement Act
Senator Max Baucus (D-MT) Staff
is the latest co-sponsor
of S884; Senate version of The Consumer Rental Purchase Agreement Act.
(see
complete list of cosponsors below)
The addition of Baucus brings the Senate cosponsor count to
27; 14
Democrat and 13 Republican. The senior Senator is the only
Montana legislator to support the bill. (click here for
list)
The Senate Banking
Committee heard testimony on the Rental Purchase Agreement Act
in open session in June.
Sen Mary Landrieu (D-LA) urged the committee to
attach (include the language of) the Act in the Regulatory
Relief bill recently passed in the House and pending in the
Senate. RTO Online recorded the live audio of the hearing. (Listen)
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Max Baucus |
Senator Baucus is in his fifth term
and is the Ranking member of the
Senate
Finance Committee.
He also serves on the
Agriculture, Nutrition and Forestry,
Environment and
Public Works, and the
Joint
Committee on Taxation.
Prior to his election to the Senate in 1978, Baucus served in
the Montana House of Representatives from 1973- 1974 and the US
House from 1975-1978.
The bills Main Sponsor is
Sen Mary Landrieu (D-LA)
Below is a complete list of Senate Co Sponsors
Rent to Own Law Center
| Records:[ 0 to 0 of 0 Senators
Supporting S884] |
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Main Sponsor
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Click on a State Flag to view a State Statute.
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Cosponsor
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State |
Name
(party-state) |
Contact |
Industry Supporter
(Cosponsor) |
Website |
State RTO Statute |
| Records:[ 0
to 0 of 0 Senators
Supporting S884] |
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The Consumer Rental Purchase Agreement Act
has been referred to the
Banking,
Housing and Urban Affairs committee. No hearings have been scheduled.
The Banking, Housing, and Urban
Affairs committee is made up of 11 Republicans and 10 Democrats.
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only independent source of news for the rent-to-own, rental-purchase,
lease-purchase trade. RTO Online (Rent to Own Online) represents the choice
of the entire RTO Industry for trusted information, as it happens. |
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