DE SB74Delaware SB74 updates the Delaware Lease-purchase Agreement Act, which governs how lease-purchase agreements are structured and regulated in the state. This amendment aims to clarify certain provisions and improve the overall framework for these types of agreements, making them more transparent and consumer-friendly.
DE SB74 is a senate bill in the Delaware 153rd General Assembly, sponsored by Spiros Mantzavinos (D), currently “Passed” since May 22, 2025.
We track 1,296 Delaware bills this session, 36 of them sponsored by Spiros Mantzavinos.
The key recorded vote (House, May 6, 2025) ended 32–0 and passed.
Supporters of SB74 would highlight that this bill enhances consumer protections by ensuring that lease-purchase agreements are clearer and more straightforward. They would argue that these changes will benefit residents by promoting fair practices and reducing potential misunderstandings in lease agreements.
Critics of SB74 might argue that the amendments could impose unnecessary regulations on businesses offering lease-purchase agreements, potentially leading to higher costs for consumers. They may also express concerns that the changes could limit options for those seeking flexible payment arrangements.
Source: LegiScan roll call vote data.
About This Analysis
This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Delaware General Assembly. Conflict-of-interest analysis for this bill is coming soon.
What does DE SB74 do?
Delaware SB74 updates the Delaware Lease-purchase Agreement Act, which governs how lease-purchase agreements are structured and regulated in the state. This amendment aims to clarify certain provisions and improve the overall framework for these types of agreements, making them more transparent and consumer-friendly.
How did the vote on DE SB74 go?
The key recorded vote (House, May 6, 2025) ended 32–0 and passed.
What is the status of DE SB74?
DE SB74 is currently “Passed” in the Delaware legislature.
Who sponsored DE SB74?
Spiros Mantzavinos (D) sponsored DE SB74.
