Virginia Real Estate Time-Share Act; partial termination of certain time-shares. (HB1241)

Introduced By

Del. Tony Wilt (R-Harrisonburg) with support from co-patron Del. Amy Laufer (D-Albemarle)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Virginia Real Estate Time-Share Act; partial termination of certain time-shares. Allows for the partial termination of a time-share project by a developer or an association and provides the procedures for any such partial termination. The bill also sets a one-year statute of limitations on any legal challenge or action for damages or equitable relief arising out of any termination of a time-share project in accordance with the provisions of the Virginia Real Estate Time-Share Act. The bill's provisions are declared to be effective retroactive in accordance with certain provisions of the Virginia Real Estate Time-Share Act. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/10/2024Committee
01/10/2024Prefiled and ordered printed; offered 01/10/24 24101451D
01/10/2024Referred to Committee on General Laws
01/22/2024Impact statement from DPB (HB1241)
01/26/2024Assigned GL sub: Housing/Consumer Protection
02/01/2024Subcommittee recommends reporting with amendments (7-Y 0-N)
02/01/2024House subcommittee amendments and substitutes offered
02/01/2024Subcommittee recommends reporting with amendments (8-Y 0-N)
02/06/2024Reported from General Laws with amendment(s) (20-Y 0-N) (see vote tally)
02/08/2024Read first time
02/09/2024Read second time
02/09/2024Committee amendments agreed to
02/09/2024Engrossed by House as amended HB1241E
02/09/2024Printed as engrossed 24101451D-E
02/12/2024Read third time and passed House BLOCK VOTE (100-Y 0-N)
02/12/2024Impact statement from DPB (HB1241E)
02/12/2024VOTE: Block Vote Passage (100-Y 0-N) (see vote tally)
02/13/2024Constitutional reading dispensed
02/13/2024Referred to Committee on General Laws and Technology
02/21/2024Senate committee, floor amendments and substitutes offered
02/21/2024Reported from General Laws and Technology with amendment (15-Y 0-N) (see vote tally)
02/23/2024Constitutional reading dispensed (38-Y 0-N) (see vote tally)
02/26/2024Read third time
02/26/2024Reading of amendment waived
02/26/2024Committee amendment agreed to
02/26/2024Engrossed by Senate as amended
02/26/2024Passed Senate with amendment (40-Y 0-N) (see vote tally)
02/28/2024Senate amendment agreed to by House (96-Y 2-N)
02/28/2024VOTE: Adoption (96-Y 2-N) (see vote tally)
03/05/2024Enrolled
03/05/2024Bill text as passed House and Senate (HB1241ER)
03/05/2024Impact statement from DPB (HB1241ER)
03/11/2024Enrolled Bill communicated to Governor on March 11, 2024
03/11/2024G Governor's Action Deadline 11:59 p.m., April 8, 2024
04/05/2024G Approved by Governor-Chapter 546 (effective - see bill)

Duplicate Bills

The following bills are identical to this one: SB600.

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