States With Rent-to-Own Laws
State Rent-to-Own Legislative History
In 1984, Michigan lawmakers, rent-to-own industry owners and consumer groups agreed to balanced legislation that would foster rent-to-own industry security with specific rent-to-own consumer protections. Since then the mutual agreement of balanced legislation has successfully created 47 state rent-to-own laws.
Ninety-five percent of the U.S. population living in 47 states are now subject to state laws defining the rent-to-own transaction as a lease. Listed below are the states with rent-to-own laws and the years in which they were enacted:
• Alabama (1995)
• Alaska (1999)
• Arizona (1995)
• Arkansas (1987)
• California (1994)
• Colorado (1990)
• Connecticut (1991)
• Delaware (1991)
• Florida (1988)
• Georgia (1985)
• Guam (1998)
• Hawaii (1997)
• Idaho (1993)
• Illinois (1987)
• Indiana (1987)
• Iowa (1987)
• Kansas (1991)
• Kentucky (1990)
• Louisiana (1991)
• Maine (1992)
• Maryland (1989)
• Massachusetts (1986)
• Michigan (1984)
• Minnesota (1990)
• Mississippi (1995)
• Missouri (1988)
• Montana (2001)
• Nebraska (1989)
• Nevada (1989)
• New Hampshire (1994)
• New Mexico (1995)
• New York (1986)
• North Dakota (1993)
• Ohio (1988)
• Oklahoma (1988)
• Oregon (1993)
• Pennsylvania (1996)
• Puerto Rico (1998)
• Rhode Island (1989)
• South Carolina (1985)
• South Dakota (1991)
• Tennessee (1987)
• Texas (1985)
• Utah (1993)
• Vermont (1994)
• Virginia (1988)
• Washington (1992)
• Washington, D.C. (2002)
• West Virginia (1993)
• Wyoming (1996)