What: All Issues : Aid to Less Advantaged People, at Home & Abroad : America's Poor : H.R. 1701. Rent-to-Own Contracts/Passage of a Bill to Protect Consumers Against the Rent-To-Own Industry. (2002 house Roll Call 395)
 Who: All Members : New York, District 2 : King, Pete
[POW!]
 
H.R. 1701. Rent-to-Own Contracts/Passage of a Bill to Protect Consumers Against the Rent-To-Own Industry.
house Roll Call 395     Sep 18, 2002
Member's Vote
(progressive
or not)
Progressive Position
Progressive Result
(win or loss)

The subject of this vote was final passage of a bill to impose federal rules on the rent-to-own industry. Those rules would classify rent-to-own contracts as leases rather than credit payments. Progressives favored the credit payment classification rather than lease payments because consumers would be provided more protections against merchants under such a classification. The Truth in Lending Act, for instance, protects consumers making credit payments but not lease payments. The rent-to-own regulations were adopted on a vote of 215-201.

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