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


| 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.
Rent to Own Online
Rent to Own Tradeshow
Who's Who in rent to own  
The Rent to Own industry's event photo album  
Video podcast interviews with Rent-to-Own industry professionals  
Audio podcast interviews with Rent-to-Own industry professionals  
Rent-to-Own Industry Federal Legislative Guide  
Rent to Own Industry Jobs and Resumes  
Search Rent to Own Online  
Subscribe to
RTO Magazine

E-mail Address :

Manage Subscriptions
RTO Magazine
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




Rental Purchase Act Passes Wisconsin Assembly; Bill Goes To Governor
RTO Online
Email this page to a friend


Your email address Worthless Helpful I have tears of joy Better than War and Peace

Add your Comments


Back to news

Related articles
most recent first

Governor Doyle's Staff Helped Craft Rent to Own Bill That He Vetoed
Industry Reaction To Wisconsin Governor Doyle's Veto Of Rent to Own Legislation
Liberal Groups Increase Pressure On Wisconsin Governor Doyle; Attorney General Flip Flop
Republican Jeff Stone Expertly Guides Debate That Ends In Passage Of Wisconsin Rental Purchase Act
Rental Purchase Act Passes Wisconsin Assembly; Bill Goes To Governor
Rental Purchase Act Passes Wisconsin Senate
Wisconsin Assembly Votes 58 - 41 To Kill Rental Purchase Agreement Act
Wisconsin Attorney General Supports Rent to Own Bill As Amended
Breaking: Wisconsin Joint Finance Committee Recommends Passage On Rental Purchase Agreements Act
Wisconsin's Joint Finance Committee To Hold Public Hearing Monday
Wisconsin Senate Sends Rental Purchase Act To Joint Finance Committee
Six Thousand Wisconsin Retailers Support Rent to Own
Wisconsin Rental Purchase Act Gets Hearing
Wisconsin Legislators Reconsider Rent to Own; Introduce SB486 The Wisconsin Rental Purchase Agreement Act


For the first time, Wisconsin will have comprehensive legislation governing rental purchase transactions.

Vote breakdown

55 - 37
See all votes here

Late Thursday, the Wisconsin Assembly voted 55 to 37 in favor of SB268, the Wisconsin Rental Purchase Agreement Act. The Act, passed by the senate on March 2nd, recognizes rental purchase agreements as a lease, rather than a credit sale. The bill also protects consumers by strictly defining disclosure requirements. 

The bill now goes to Governor Jim Doyle's desk for his signature.

Passage of the Act will give Wisconsin rental companies and consumers the same rights enjoyed in 46 other states.

Jeff Lebakken, who has worked toward this moment for 19 years, said he felt a "wave of relief" when the vote totals were reported in the Assembly. Lebakken, owner of  Wisconsin based Lebakkens Rent to Own, and Rent-A-Center General Counsel Chris Korst, both key players in the process, were on hand with other supporters for the vote.

Audio available soon...developing


RTO Online is the official channel for Rent-to-Own Industry News and the 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.

Tell us what you think
Rate the article at the top of this page