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A03083 Summary:

BILL NOA03083E
 
SAME ASSAME AS S00557-C
 
SPONSORPheffer (MS)
 
COSPNSRPretlow, Peoples-Stokes, Gianaris, Aubry, Ortiz, Schroeder, Gabryszak
 
MLTSPNSRCahill, Glick, Hikind, Hoyt, Mayersohn, Towns
 
Amd SS500, 501, 502 & 505, rpld & add SS503 & 504, add SS504-a, 504-b & 508, Pers Prop L
 
Provides for greater protections to consumers in rental purchase agreements; defines certain terms; provides greater disclosure to consumer regarding the amount, number and times at which various payments relating to such an agreement are due and owing; makes various provisions regarding the method and information required to be disclosed in advertising for such agreements; provides for a right of reinstatement upon repossession.
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