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HR 5928 114th Congress House

Expanding Rent-to-Own Protections Act of 2016

Official title: To amend the Consumer Financial Protection Act of 2010 to establish requirements relating to rent-to-own transactions, and for other purposes.

Introduced: July 25, 2016 See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresConsumer Financial Protection BureauConsumer creditContracts and agencyLease and rental services
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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
Jul 25, 2016
Referred to the House Committee on Financial Services.
Jul 25, 2016
Introduced in House
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 Latest action July 25, 2016

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Expanding Rent-to-Own Protections Act of 2016

This bill amends the Consumer Financial Protection Act of 2010 to revise and expand the definition of the term "consumer financial product or service" to include terminable lease or bailment of personal property contracts (rent-to-own transactions) (other than a lease or bailment of a motor vehicle) for use by the consumer primarily for personal, family, or household purposes under which:

  • a consumer has the right of possession and use of the property, as well as the option to periodically renew the contract by making payments; and
  • a seller agrees to transfer property ownership to the consumer upon the fulfillment of all contract obligations of the consumer.

The Consumer Financial Protection Bureau shall:

  • prevent unfair, deceptive, or abusive acts or practices in connection with such contracts; and
  • issue regulations identifying methods to protect consumers from entering into them.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 5928: Expanding Rent-to-Own Protections Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-5928/
MLA
"H.R. 5928: Expanding Rent-to-Own Protections Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-5928/.
Bluebook (legal)
H.R. 5928, 114th Cong. (2026), https://openamerica.io/bill/114-HR-5928/.
Markdown link
[H.R. 5928: Expanding Rent-to-Own Protections Act of 2016](https://openamerica.io/bill/114-HR-5928/)
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