Rent to Own Online
"All Rent to Own...All the Time"

Home

| About RTO Online | RTO Tradeshow | Press
#1 Online Destination For the Rent to Own Industry
Trade portal for companies who rent to own furniture, electronics, appliances, custom wheels, jewelry and other home goods.

Sarbanes to Block RTO Legislation
Home

09-25-02
RTO Online

Rent to Own Online Government Workshop new

Rent to Own and Government
New Side By Side Comparison of Any State Statute to the Proposed Federal Legislation

Related articles
most recent first

109th Congress

Consumer Rental Purchase Agreement Act of 2005 Introduced In Senate
Opposing Forces; Two Groups At Legislative Odds

108th Congress

Session Ends Without Passage Of Rental Purchase Agreement Act; Last Minute Efforts Nearly Win The Day
Senate Finance Committee Ranking Member Endorses Rental Purchase Agreement Act
Rental Purchase Act Looses 5 Key Supporters
Schrock And Clay Cosponsor Rental Purchase Agreement Act
Text Of Landrieu Statement To The Senate Banking Committee Supporting The Consumer Rental Purchase Agreement Act
"Even Congressmen Use Rent to Own"; Senator Mary Landrieu Opening Statement Audio
Senate To Hear Testimony On Rental Purchase Agreement Act Today
Virginia Senator Allen Endorses Rental Purchase Agreement Act; Hearing Scheduled For 22nd
Washington Senator Patty Murray Cosponsors Rental Purchase Agreement Act; Senate Co-sponsor Count At 50%
Shuster and Lampson Cosponsor Rental Purchase Agreement Act
Senate Powerhouse Tom Daschle Cosponsors Rental Purchase Agreement Act; Senate Co-sponsor Count Nears 50%
Six New Cosponsors For Rental Purchase Agreement Act
North Dakota Democrat Senator Byron Dorgan Cosponsors S884; Senate Co-sponsor Count at 23
Missouri Republican Todd Akin Supports Rental Purchase Agreement Act
Southern Democrats Co-sponsor Rental Purchase Agreement Act
Rent to Own Industry Supporter Doug Bereuter Resigning House Seat For Private Sector
Missouri Republican Senator Christopher Bond Cosponsors S884
Senate Co-sponsor Count at 22
Consumer Rental Purchase Agreement Act Co-Sponsor Rep. Tiberi Introduces "No Down Payment Act"
Rent to Own Online Introduces New State Statute Application
20% of Lawmakers Co-Sponsor Consumer Rental Purchase Agreement Act
Illinois Republican Becomes 82nd Representative to Co-sponsor HR996
11 Term Texas Democrat Becomes 81st Representative to Co-sponsor HR996
Oregon Republican Senator Gordon Smith Cosponsors S884
Senate Co-sponsor Count at 21
Six Term Democrat Tim Holden (PA) Becomes 80th Co-Sponsor of HR996
Senators Roberts and Craig Cosponsor S884
Industry Hits Goal of 20 Co-sponsors by Mid September
Kansas Democrat Becomes 79th Co-Sponsor of HR996
Bayh and Baucus Bring Senate Cosponsor Count to 18
Oregon Republican Switches Sides and Becomes 78th Co-Sponsor of HR996 ; Total at 78
Iowa Republican Steve King Co-Sponsors HR996 ; Total at 77
North Dakota Democrat Kent Conrad Brings Senate Cosponsor Count to 16
Kansas Republican Sam Brownback Brings Senate Cosponsor Count to 15
2 More House Democrats Cosponsors HR996; Total at 76
11 New House Cosponsors HR996; Total at 74
Trent Lott (R-MS), Chuck Hagel (R-NE) Bring Senate Cosponsor Count to 14
update
HR996 Sponsorship...
What's The Real Number?
HR996; Movement In House Unlikely Till Senate Gets Off Dime
HR 996: Consumer Rental Purchase Agreement Act
Thomas Carper (D-DE) Becomes 12th Senate Cosponsor of RTO Legislation
Michael Crapo (R-ID) Becomes 11th Senate Cosponsor of RTO Legislation
Avalanche of Co-Sponsors for Rent to Own Legislation During APRO Legislative Conference
32 More Stories on Rental Purchase Agreement Act
The bill was first introduced by Representative Walter B. Jones of NC in May, 2001. Click here for Rep. Jones Home Page

RTO Online has learned that Senator Paul Sarbanes (D-MD) will likely block S2947 (Senate Version of HR1701) from reaching the Senate Banking Committee, a committee he Chairs.

For S2947 to come to a full Senate vote, it must first be heard in committee. A committee chairman can kill a bill by simply not scheduling it to be heard.

According to Jessie Jacobs, Senator Sarbanes Press Secretary, a hearing has not been scheduled and is "unlikely" to be scheduled in the future.

Furthermore, when asked for Senator Sarbanes official position on the bill, Press Secretary Jacobs said "The fact that a hearing has not been scheduled is an indication of that [his position]"

While Sarbanes has no official position on S2947, Other Sources in Washington say "that bill isn't going anywhere".

According to Bill Keese, Executive Director of APRO, "The consumer groups have been telling us for months that Senator Sarbanes was going to stop this legislation".

There are ways for a bill to bypass a committee, however the custom in the Senate is to respect Senate rules. When asked if APRO was pursuing these options, Mr. Keese added, "We are going to pursue every option available to us to get Rent to Own legislation passed this year".

No matter what the method used, the bottom line is this, if a bill is not passed before the next congress is sworn in, the bill is dead and the process must begin again from scratch.

Senate Cosponsors

Lead Sponsor: Landrieu, Mary  (D - LA)
Breaux, John  (D - LA) Bunning, Jim  (R - KY)
Cleland, Max  (D - GA) Shelby, Richard  (R - AL)
Lincoln, Blanche  (D - AR) Hutchison, Kay Bailey  (R - TX)
Miller, Zell  (D - GA)  
Conrad, Kent  (D - ND)  

 

Banking Housing and Urban Affairs Committee Membership

Democrat Republican
Paul S. Sarbanes (D-MD) Chairman Phil Gramm (R-TX) Ranking Member
Christopher J. Dodd (D-CT) Richard C. Shelby (R-AL)
Tim Johnson (D-SD) Robert F. Bennett (R-UT)
Jack Reed (D-RI) Wayne Allard (R-CO)
Charles E. Schumer (D-NY) Michael B. Enzi (R-WY)
Evan Bayh (D-IN) Chuck Hagel (R-NE)
Zell Miller (D-GA) Rick Santorum (R-PA)
Thomas R. Carper (D-DE) Jim Bunning (R-KY)
Debbie Stabenow (D-MI) Mike Crapo (R-ID)
Jon S. Corzine (D-NJ) John Ensign (R-NV)
Daniel K. Akaka (D-HI)  

Banking, Housing, and Urban Affairs Committee Website

 

end

Help us improve
Rate this article

Home

 

Rent to Own Online
Rent to Own Tradeshow
Who's Who in rent to own  
 
Rent to Own Jobs and Resumes  
Search Rent to Own Online  
Subscribe to
RTO Magazine

E-mail Address :

Manage Subscriptions
 
United States Rent to Own Store Locator  
State Rent to Own Law  
Rent to Own Websites  
Rent to Own Industry Poll  
Editorials By Rent to Own Professionals  
Rent to Own Stocks  
Rent to Own Links  
Rent to Own Industry Events  
Rent to Own Online Archive  
Rent to Own Industry Training  
Advertise on the number one website for rent to own professionals  
Rent to Own Industry Blog  
Rent to Own Chat  
Rent to Own Industry Forum  
Rent to Own Industry Glossary  
National News  
Contact Rent to Own Online  
 

Site Statistics

 

Poll

  Article Directory