DelawareRent-to-own providers would show prices electronically for certain items
Delaware rent-to-own providers would show prices and payment totals electronically for items outside their own stock physically displayed and offered before an agreement.
What it does
For items outside their own stock physically displayed and offered before an agreement, providers would show the price to buy outright, the lease payment amount, and the total needed to own the item electronically before other required details.
Providers could show prices and payment totals electronically for items they owned when physically displaying and offering them before an agreement, if the items are also displayed or offered online and shoppers can enter the agreement online or remotely through electronic commerce. They would show the numbers before other required details.
Argument forSeeing the price to buy outright and total payments electronically could help shoppers compare renting an item with buying it.
Argument againstPreparing clear electronic prices for items outside a provider’s own physically displayed and offered stock could take extra work.
More detail
Providers would show the price to buy the item outright, the lease payment amount, and the total needed to own it electronically. This covers items providers did not own when physically displaying and offering them before an agreement, as well as items they did not physically display and offer beforehand. The numbers would have to be clear and easy to read. Providers would show these numbers before giving the other required agreement details.
Providers could use an electronic display for eligible item prices and payment totals. This applies to items providers owned when physically displaying and offering them before an agreement, if the items are displayed or offered online and shoppers can enter the agreement online or remotely through electronic commerce. The clear, readable numbers would show the price to buy outright, the lease payment amount, and the total needed to own the item. Providers would show the electronic numbers before giving the other required agreement details.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- May 22Signed by Governor Matt MeyerBecame Law
- May 6Passed By House. Votes: 32 YES 9 ABSENTPassed House
- Vote recorded Passage. Result: pass.Lower
- Apr 15Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 12 On Its MeritsMinor
- Apr 10Assigned to Economic Development/Banking/Insurance & Commerce Committee in HouseMinor
- Apr 9Passed By Senate. Votes: 20 YES 1 ABSENTPassed Senate
- Vote recorded Passage. Result: pass.Upper
- Mar 26Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 3 Favorable, 4 On Its MeritsMinor
- Mar 13Introduced and Assigned to Banking, Business, Insurance & Technology Committee in SenateIntroduced
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