Skip to main content
H.R. 1744 111th Congress House

Consumer Rental Purchase Agreement Act

Official title: To amend the Consumer Credit Protection Act to assure meaningful disclosures of the terms of rental-purchase agreements, including disclosures of all costs to … Show full official titleShow less

Official title: To amend the Consumer Credit Protection Act to assure meaningful disclosures of the terms of rental-purchase agreements, including disclosures of all costs to consumers under such agreements, to provide certain substantive rights to consumers under such agreements, and for other purposes.

Introduced: March 26, 2009 See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresBusiness recordsCivil actions and liabilityConsumer affairs
More subjectsShow fewer subjects
Consumer creditContracts and agencyEvidence and witnessesFederal Reserve SystemFederal Trade Commission (FTC)Federal preemptionFraud offenses and financial crimesSmall business
Sign in to write a letter Sign in to watch
This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 26, 2009
Referred to the House Committee on Financial Services.
Mar 26, 2009
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action March 26, 2009

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Consumer Rental Purchase Agreement Act - 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 (6) rental-purchase advertising disclosures.

Declares that an action for civil liability may be brought against a merchant's assignee only if the violation is apparent on the face of a rental-purchase agreement to which it relates, including, but not limited to, a disclosure that can be determined to be incomplete or inaccurate from the face of the agreement.

Authorizes the Board of Governors of the Federal Reserve System to promulgate implementing regulations.

Grants enforcement powers to the Federal Trade Commission and to state attorneys general.

Subjects to criminal penalties any willful and knowing violation of the information disclosure requirements of this Act.

 Related & companion bills 1
  • S 738 Consumer Rental-Purchase Agreement Act of 2009
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 37
All 37 Democratic 9 Republican 20
R
Calvert, Ken
California · May 13, 2010
Wilson, Charles
· May 13, 2010
Childers, Travis
· Mar 15, 2010
 R
Guthrie, Brett
Kentucky · Mar 15, 2010
 R
Lucas, Frank D.
Oklahoma · Mar 15, 2010
 R
Rogers, Harold
Kentucky · Mar 15, 2010
Perriello, Thomas
· Feb 4, 2010
 R
Wilson, Joe
South Carolina · Feb 4, 2010
 R
Capito, Shelley Moore
West Virginia · Sep 29, 2009
Bright, Bobby
· Sep 8, 2009
 R
Diaz-Balart, Mario
Florida · Sep 8, 2009
Lee, Christopher
· Sep 8, 2009
 R
Aderholt, Robert B.
Alabama · Apr 28, 2009
Arcuri, Michael
· Apr 28, 2009
 D
Castor, Kathy
Florida · Apr 28, 2009
 R
Jordan, Jim
Ohio · Apr 28, 2009
 R
Smith, Adrian
Nebraska · Apr 28, 2009
 R
Turner, Michael R.
Ohio · Apr 28, 2009
 R
Wittman, Robert J.
Virginia · Apr 28, 2009
 R
Blackburn, Marsha
Tennessee · Apr 22, 2009
 R
McCaul, Michael T.
Texas · Apr 22, 2009
 R
Boozman, John
Arkansas · Apr 2, 2009
 R
Foxx, Virginia
North Carolina · Apr 2, 2009
 D
Bishop, Sanford D.
Georgia · Mar 26, 2009
 D
Cleaver, Emanuel
Missouri · Mar 26, 2009
 D
Cuellar, Henry
Texas · Mar 26, 2009
 D
Davis, Danny K.
Illinois · Mar 26, 2009
 R
Graves, Sam
Missouri · Mar 26, 2009
 D
Green, Al
Texas · Mar 26, 2009
HILL, BARON
· Mar 26, 2009
 D
Johnson, Henry C. "Hank"
Georgia · Mar 26, 2009
 D
Meeks, Gregory W.
New York · Mar 26, 2009
 R
Moran, Jerry
Kansas · Mar 26, 2009
 R
Rogers, Mike D.
Alabama · Mar 26, 2009
 R
Sessions, Pete
Texas · Mar 26, 2009
 D
Sherman, Brad
California · Mar 26, 2009
Space, Zachary
· Mar 26, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1744: Consumer Rental Purchase Agreement Act. 111th Congress. Open America. https://openamerica.io/bill/111-HR-1744/
MLA
"H.R. 1744: Consumer Rental Purchase Agreement Act." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-1744/.
Bluebook (legal)
H.R. 1744, 111th Cong. (2026), https://openamerica.io/bill/111-HR-1744/.
Markdown link
[H.R. 1744: Consumer Rental Purchase Agreement Act](https://openamerica.io/bill/111-HR-1744/)
Report a problem