NY S01347 | 2009-2010 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 28 2009 - 25% progression, died in chamber
Action: 2009-07-16 - LOST
Text: Latest bill text (Introduced) [HTML]

Summary

Makes various provisions relating to rent-to-own sales practices and disclosure requirements for rental-purchase agreements; requires that the termination of rent-to-own contracts not exceed five percent of the contract price; prohibits any merchant from assessing interest rates at a rate exceeding 25%.

Tracking Information

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Title

Makes various provisions relating to rent-to-own sales practices and disclosure requirements for rental-purchase agreements; requires that the termination of rent-to-own contracts not exceed five percent of the contract price; prohibits any merchant from assessing interest rates at a rate exceeding 25%.

Sponsors


History

DateChamberAction
2009-07-16 LOST
2009-07-16 ORDERED TO THIRD READING CAL.902
2009-07-16 COMMITTEE DISCHARGED AND COMMITTED TO RULES
2009-06-02 REPORTED AND COMMITTED TO CODES
2009-01-28 REFERRED TO JUDICIARY

Same As/Similar To

A7746 (Same As) 2010-06-08 - held for consideration in judiciary

New York State Sources


Bill Comments

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