 APRO: The Official Voice of the Rent to Own Industry
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 RTO Legislative Activity
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RTO Legislative Activity - Rent-to-Own Bill Co-sponsorsThe Consumer Rental Purchase Agreement Act of 2009 by U.S. Senator Mary Landrieu and U.S. House of Representative William Lacy Clay has been introduced and assigned bill numbers S. 738 and H.R. 1744. The rent-to-own regulatory bill will require consumer pricing disclosures, advertising disclosures and reinstatement rights while defining the rent-to-own transaction as a lease. The bill mirrors 47 state rent-to-own laws and offers the proper balance between consumer protections and small business competition.
S. 738 and H.R. 1744 have been referred to the Senate Banking Committee and the House Financial Services Committee's Subcommittee on Financial Institutions and Consumer Credit. The bill has broad national support through small business grassroots advocacy.
For more information on APRO’s federal legislative effort, please contact APRO Public Affairs Director Richard May by e-mail or phone at 512/225-1051.
H.R. 1744 by Rep. William Lacy Clay was introduced on March 26, 2009. The bill currently has 113 co-sponsors.
H.R. 1744 by Rep. William Lacy Clay (D-MO) co-sponsors: Representative Robert Aderholt (Republican - Alabama, district 4) Representative Todd Akin (Republican – Missouri, district 2) Representative Rodney Alexander (Republican - Louisiana, district 5) Representative Robert Andrews (Democrat - New Jersey, district 1) Representative Michael Arcuri (Democrat - New York, district 24) Representative Joe Baca (Democrat - California, district 43) Representative Michele Bachman (Republican - Minnesota, district 6) Representative Spencer Bachus (Republican - Alabama, district 6) Representative J. Gresham Barrett (Republican - South Carolina, district 3) Representative Marion Berry (Democrat - Arkansas, district 1) Representative Marsha Blackburn (Republican - Tennessee, district 7) Representative Roy Blunt (Republican - Missouri, district 7) Representative Jo Bonner (Republican - Alabama, district 1) Representative John Boozman (Republican - Arkansas, district 3) Representative Dan Boren (Democrat - Oklahoma, district 2) Representative Charles Boustany (Republican - Louisiana, district 7) Representative Robert Brady (Democrat - Pennsylvania, district 1) Representative Bobby Bright (Democrat - Alabama, district 2) Representative Corrine Brown (Democrat - Florida, district 3) Representative G.K. Butterfield (Democrat - North Carolina, district 1) Representative Shelley Moore Capito (Republican - West Virginia, district 2) Representative John Russell Carnahan (Democrat - Missouri, district 3) Representative Kathy Castor (Democrat - Florida, district 11) Representative Howard Coble (Republican - North Carolina, district 6) Representative Michael Conaway (Republican - Texas, district 11) Representative Lincoln Davis (Democrat - Tennessee, district 4) Representative Nathan Deal (Republican - Georgia, district 9) Representative Lincoln Diaz-Balart (Republican - Florida, district 21) Representative Mario Diaz-Blart (Republican - Florida, district 25) Representative Norm Dicks (Democrat - Washington, district 6) Representative Bob Etheridge (Democrat - North Carolina, district 2) Representative John Fleming (Republican - Louisiana, district 4) Representative Randy Forbes (Republican - Virginia, district 4) Representative Virginia Foxx (Republican - North Carolina, district 5) Representative Phil Gingrey (Republican - Georgia, district 11) Representative Kay Granger (Republican - Texas, district 12) Representative Al Green (Democrat - Texas, district 9) Representative Phil Hare (Democrat - Illinois, district 17) Representative Stephanie Sandlin Herseth (Democrat, South Dakota) Representative Ruben Hinojosa (Democrat - Texas, district 15) Representative Lynn Jenkins (Republican -- Kansas, district 2) Representative Sam Johnson (Republican – Texas, district 3) Representative Tim Johnson (Republican - Illinois, district 15) Representative Jim Jordan (Republican - Ohio, district 4) Representative Steve King (Republican -- Iowa, district 5) Representative Mark Kirk (Republican -- Illinois, district 10) Representative Christopher Lee (Republican - New York, district 26) Representative John Linder (Republican - Georgia, district 7) Representative Donald Manzullo (Republican - Illinois, district 16) Representative Michael McCaul (Republican - Texas, district 10) Representative Patrick McHenry (Republican - North Carolina, district 10) Representative Mike McIntyre (Democrat -- North Carolina, district 7) Representative Cathy McMorris Rodgers (Republican - Washington, district 5) Representative James Moran (Democrat - Virginia, district 8) Representative Ed Pastor (Democrat - Arizona, district 4) Representative Tom Perriello (Democrat - Virginia, district 5) Representative Todd Russell Platts (Republican -- Pennsylvania, district 19) Representative Tom Price (Republican -- Georgia, district 6) Representative Adam Putnam (Republican - Florida, district 12) Representative Sylvester Reyes (Democrat - Texas, district 16) Representative Aaron Schock (Republican - Illinois, district 18) Representative David Scott (Democrat - Georgia, district 13) Representative John Shimkus (Republican - Illinois, district 19) Representative Bill Shuster (Democrat - Pennsylvania, district 9) Representative Adrian Smith (Republican - Nebraska, district 3) Representative Lee Terry (Republican - Nebraska, district 2) Representative Mac Thornberry (Republican - Texas, district 13) Representative Michael Turner (Republican - Ohio, district 3) Representative Zach Wamp (Republican - Tennessee, district 3) Representative Diane Watson (Democrat - California, district 33) Representative Lynn Westmoreland (Republican -- Georgia, district 03) Representative Robert Wexler (Democrat - Florida, district 19) Representative Ed Whitfield (Republican - Kentucky, district 1) Representative Joe Wilson (Republican - South Carolina, district 2) Representative Robert Wittman (Republican - Virginia, district 1) Representative Frank Wolf (Republican - Virginia, district 10)
S. 738 by Senator Mary Landrieu was introduced on March 30, 2009. The bill currently has 15 co-sponsors.
Senator Sam Brownback (Republican – Kansas) Senator Jim Bunning (Republican - Kentucky) Senator Richard Burr (Republican - North Carolina) Senator James Inhofe (Republican - Oklahoma) Senator Mike Johanns (Republican - Nebraska) Senator Blanche Lambert Lincoln (Democrat - Arkansas) Senator Ben Nelson (Democrat - Nebraska) Senator John Thune (Republican - South Dakota) Senator David Vitter (Republican - Louisiana)
Co-sponsors last session: Both bills had bi-partisan support with 100 sponsors in the House, the most sponsors for the House bill in the past eight sessions, and 22 Senate sponsors. For the 110th Congressional Session (2008-2009):
H.R. 1767 by Rep. William Lacy Clay (D-MO) co-sponsors: Representative Robert Brady (Democrat - Pennsylvania, district 1) Representative Phil Hare (Democrat - Illinois, district 17) |
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APRO's 2010 Legislative
Conference!
We would like to
thank our attendees for a great success! 
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RTOHQ: The Magazine
RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here. | |||
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Click the links below to download each article as a PDF
Complete issue of RTOHQ: The Magazine | January-February 2010
The Year of the Tiger According to Chinese astrology, the Year of the Tiger begins in February 2010. Tiger John Cleek is making the most of it as he winds down his two-year term as APRO’s president. He reflects on personal and industry-wide accomplishments and the love of family that sustains him.
In the 30-year history of the Association of Progressive Rental Organizations, 17 rental dealers have served as president. To mark APRO’s special anniversary, 15 of these leaders share their experiences in helping to shape the rent-to-own industry.
The Keep Rate Conundrum Calculating keep rate does not seem to improve the rent-to-own business in any discernible way—and yet this calculation, beyond all the others, has had enormous legal and political implications for rent-to-own almost since its inception.
Vendor Spotlight: What's in a Name? These three departed rent-to-own vendors--Joe Eason, Tom Kitchens and Norm Smith--live on, their names indelibly linked to key industry events and honors.
See the current issue of RTOHQ: The Magazine... [PDF format] [HTML format]
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Association of Progressive Rental Organizations 1504 Robin Hood Trail Austin, Texas 78703 800/204-2776, ext. 103 Fax 512/794-0097 |