Virginia Real Estate Time-Share Act; contents of time-share owners' association annual report. (SB347)
Introduced By
Sen. John Cosgrove (R-Chesapeake)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Real Estate Time-Share Act; contents of time-share owners' association annual report; cost. Details the contents of the annual report provided by the time-share owners' association to its members. The bill also provides that in the event of the sale of a time-share by an existing owner to a new owner, the association may charge up to $75 to review its books and records if the new owner has obtained a resale certificate or up to $175 if the new owner did not obtain the resale certificate. In addition, the bill extends the time in which the time-share owners' association annual report must be prepared and distributed to all time-share estate owners from 120 to 180 days after the close of the fiscal year. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/07/2014 | Prefiled and ordered printed; offered 01/08/14 14102184D |
01/07/2014 | Referred to Committee on General Laws and Technology |
01/13/2014 | Impact statement from DPB (SB347) |
01/13/2014 | Committee substitute printed 14103872D-S1 |
01/13/2014 | Reported from General Laws and Technology with substitute (10-Y 0-N 2-A) |
01/15/2014 | Constitutional reading dispensed (38-Y 0-N) |
01/16/2014 | Read second time |
01/16/2014 | Reading of substitute waived |
01/16/2014 | Committee substitute agreed to 14103872D-S1 |
01/16/2014 | Engrossed by Senate - committee substitute SB347S1 |
01/17/2014 | Impact statement from DPB (SB347S1) |
01/17/2014 | Read third time and passed Senate (38-Y 0-N) |
01/23/2014 | Placed on Calendar |
01/23/2014 | Read first time |
01/23/2014 | Referred to Committee on General Laws |
01/23/2014 | Impact statement from DPB (SB347S1) |
02/12/2014 | Assigned GL sub: Subcommittee #1 |
02/18/2014 | Subcommittee recommends reporting with amendment(s) (7-Y 0-N) |
02/25/2014 | Reported from General Laws with amendment (22-Y 0-N) (see vote tally) |
02/27/2014 | Read second time |
02/28/2014 | Read third time |
02/28/2014 | Committee amendment agreed to |
02/28/2014 | Engrossed by House as amended |
02/28/2014 | Passed House with amendment BLOCK VOTE (98-Y 0-N) |
02/28/2014 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally) |
03/04/2014 | Passed by for the day |
03/05/2014 | Passed by for the day |
03/06/2014 | House amendment agreed to by Senate (40-Y 0-N) |
03/07/2014 | Enrolled |
03/07/2014 | Bill text as passed Senate and House (SB347ER) |
03/07/2014 | Impact statement from DPB (SB347ER) |
03/07/2014 | Signed by Speaker |
03/10/2014 | Signed by President |
04/03/2014 | G Approved by Governor-Chapter 533 (effective 7/1/14) |
04/03/2014 | G Acts of Assembly Chapter text (CHAP0533) |