LRBa1258/2
RJM:kmg:jf
2001 - 2002 LEGISLATURE
ASSEMBLY AMENDMENT 1,
TO 2001 ASSEMBLY BILL 393
February 11, 2002 - Offered by Representative Urban.
AB393-AA1,1,11 At the locations indicated, amend the bill as follows:
AB393-AA1,1,2 21. Page 20, line 6: after that line insert:
AB393-AA1,2,2 3"(7m) Cost of rental services. The difference between the total disclosed
4under sub. (7) and the price disclosed under sub. (2), labeled as the "cost of rental
5services," along with a statement substantially similar to the following: "The cost of
6rental services is the amount that you will likely pay in addition to the cash price if
7you choose to acquire ownership under this agreement by making all payments
8necessary to acquire ownership. You should compare this amount to the cost that you
9would otherwise pay to purchase the same or similar goods by paying cash in full or
10obtaining credit to finance the purchase." The disclosures required under this
11subsection and subs. (2) and (7) shall be separated from all other disclosures required
12under this section and grouped together in a manner that highlights the information
13therein disclosed and the rent-to-own agreement shall include a space next to each

1such disclosure where the lessee may acknowledge that the lessee has read and
2understands the information therein disclosed.".
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