What: All Issues : Aid to Less Advantaged People, at Home & Abroad : America's Poor : H.R. 1701. Rent-to-Own Contracts/Vote to Protect Consumers Against the Rent-To-Own Industry by Mandating that Total Cost of Merchandise Cannot Exceed Twice Its Cash Price. (2002 house Roll Call 392)
 Who: All Members : New York, District 2 : King, Pete
[POW!]
 
H.R. 1701. Rent-to-Own Contracts/Vote to Protect Consumers Against the Rent-To-Own Industry by Mandating that Total Cost of Merchandise Cannot Exceed Twice Its Cash Price.
house Roll Call 392     Sep 18, 2002
Member's Vote
(progressive
or not)
Progressive Position
Progressive Result
(win or loss)

During debate on legislation to impose federal rules on the rent-to-own industry, Congressman LaFalce (D-NY) offered an amendment which would have limited the total cost of a product bought through a rent-to-own contract to twice its cash price. Progressives endorsed LaFalce's proposal as a necessary consumer protection. Moreover, Progressives argued, many rent-to-own customers earn low incomes and are forced to rent because they cannot afford the cash price of the merchandise; those individuals, in the view of Progressives, should not pay an excessive amount before they are conferred ownership. The LaFalce amendment was defeated by a 184-232 margin.

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Issue Areas:
Key: Y=Yea, N=Nay, W=Win, L=Loss