PRINTER'S NO. 3309
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
2709
Session of
2022
INTRODUCED BY MARSHALL, MATZIE, SANCHEZ, MADDEN, SNYDER,
MARKOSEK AND MULLINS, JUNE 24, 2022
REFERRED TO COMMITTEE ON CONSUMER AFFAIRS, JUNE 24, 2022
AN ACT
Amending Title 42 (Judiciary and Judicial Procedure) of the
Pennsylvania Consolidated Statutes, in particular rights and
immunities, further providing for definitions, for lessee's
right to acquire ownership and for advertising and display of
property.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 6902 of Title 42 of the Pennsylvania
Consolidated Statutes is amended by adding a definition to read:
§ 6902. Definitions.
The following words and phrases when used in this chapter
shall have the meanings given to them in this section unless the
context clearly indicates otherwise:
* * *
"Rental-purchase property." Personal property displayed or
offered by a lessor to consumers for rental-purchase agreements
at a physical location where 50% or more of revenue is derived
from rental-purchase agreements.
Section 2. Section 6905 of Title 42 is amended by adding a
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
subsection to read:
§ 6905. Lessee's right to acquire ownership.
* * *
(d) Receipts.--After receiving each rental payment, the
lessor shall provide a receipt to the lessee. The receipt shall
disclose all of the following:
(1) The rental payment made by the lessor.
(2) The amount of the early purchase option that is
applicable after the rental payment made by the lessor.
(3) The dates when the early purchase option price
remain valid.
Section 3. Section 6908(b) of Title 42 is amended and the
section is amended by adding subsections to read:
§ 6908. Advertising and display of property.
* * *
(b) Information on displays or offers.--All rental-purchase
property displayed or offered under a rental-purchase agreement
shall have stamped on or affixed to the property and clearly and
conspicuously indicated in Arabic numerals that are readable and
understandable by visual inspection all of the following:
(1) The amount of the rental payment.
(2) The cash price of the property.
(3) The total number and amount of rental payments
necessary to acquire ownership of the property that is the
subject of the rental-purchase agreement.
(4) The cost of lease services.
(b.1) Information on online displays or offers.--For a
rental-purchase property displayed or offered online for which a
consumer can enter into a rental-purchase agreement online or
remotely via electronic commerce, a lessor shall disclose the
20220HB2709PN3309 - 2 -
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
information required under subsection (b) to a consumer by
electronic means in accordance with the following:
(1) The lessor shall disclose the information in a
manner clearly and conspicuously indicated in Arabic numerals
that ar e readable and understandable by visual inspection.
(2) The lessor shall disclose the information before
disclosing the information required under section 6903
(relating to r equired disclosures in connection with rental-
purchase agreement).
(b.2) Information on displays or offers of third-party
inventory.--When personal property that is not rental-purchase
property is offered for rental-purchase by a lessor, the
following shall apply:
(1) The lessor shall separately disclose the information
required under subsection (b) to a consumer, by electronic
means or otherwise, in a manner clearly and conspicuously
indicated in Arabic numerals that are readable and
understandable by visual inspection, prior to disclosing the
information under section 6903.
(2) The lessor shall make the disclosures required under
subsection (b) available in multiple languages.
(3) The lessor shall confirm that a prospective lessee
has viewed and affirmatively acknowledged the disclosures
required under subsection (b) prior to presenting a rental-
purchase agreement to the prospective lessee for execution.
(4) The lessor shall provide an electronic copy of the
disclosures required under subsection (b) to the lessee.
* * *
Section 4. This act shall take effect in 60 days.
20220HB2709PN3309 - 3 -
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29