DelawareSB 74153rd General Assembly (2024–2026)Senate

AN ACT TO AMEND CHAPTER 76, TITLE 6 OF THE DELAWARE CODE RELATING TO THE DELAWARE LEASE-PURCHASE AGREEMENT ACT.

Sponsored By: Spiros Mantzavinos (Democratic)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Clearer prices for rent-to-own shoppers

Delaware law sets electronic price disclosure rules for rent-to-own offers. Clear, easy-to-see notices must use digits to show the cash price, each payment amount, and total payments needed for ownership. For items the leasing business owns when displayed and offered online, electronic notices can replace attached labels when agreements can be completed online or remotely. For items the business does not own when displayed and offered, electronic notices are required. These notices must come before the agreement disclosures required by Delaware Code Section 7603.

Sponsors & Cosponsors

Sponsor

  • Spiros Mantzavinos

    Democratic • Senate

Cosponsors

  • Frank Burns

    Democratic • House

  • William Bush

    Democratic • House

  • John "Jack" Walsh

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 52 • No: 0

House vote • 5/6/2025

Passed (SM required)

Yes: 32 • No: 0

Senate vote • 4/9/2025

Passed (SM required)

Yes: 20 • No: 0

Actions Timeline

  1. Signed by Governor

    5/22/2025Governor
  2. Passed By House. Votes: 32 YES 9 ABSENT

    5/6/2025House
  3. Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 12 On Its Merits

    4/15/2025House
  4. Assigned to Economic Development/Banking/Insurance & Commerce Committee in House

    4/10/2025House
  5. Passed By Senate. Votes: 20 YES 1 ABSENT

    4/9/2025Senate
  6. Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 3 Favorable, 4 On Its Merits

    3/26/2025Senate
  7. Introduced and Assigned to Banking, Business, Insurance & Technology Committee in Senate

    3/13/2025Senate

Bill Text

  • Current

    3/13/2025

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