Amendment107th Congress
Amendment sought to make the ownership cost limitation in New York and Ohio State law the minimum standard of protection in the bill; and also sought to direct the Federal Reserve Board to issue regulations providing detailed criteria or a formula calculating the cash price for rental property together with additional criteria for adjusting the cash price for previously used property.
- Amendment Number
- 603
- Description
- Amendment sought to make the ownership cost limitation in New York and Ohio State law the minimum standard of protection in the bill; and also sought to direct the Federal Reserve Board to issue regulations providing detailed criteria or a formula calculating the cash price for rental property together with additional criteria for adjusting the cash price for previously used property.
- Purpose
- Amendment no. 1 printed in H. Rept. 107-661 to incorporate the standard for limiting the total purchase price of rental-purchase merchandise from New York, Ohio, and Nebraska state law, and establish a process for determining standards in regulation for determining the cash price of rental-purchase merchandise.
- Congress
- 107
- Type
- HAMDT
- Latest Action Date
- Sep 18, 2002
- Latest Action Text
- On agreeing to the LaFalce amendment (A001) Failed by recorded vote: 184 - 232 (Roll no. 392).
- Latest Action Time
- 14:37:51
- Submitted Date
- Sep 18, 2002
- Chamber
- House of Representatives
- Update Date
- Feb 3, 2022