Timeshare Foreclosure/Paternity Matters.

Document format changed from amendment document to complete bill version with updated header information

Removed amendment-specific language and replaced with full bill structure including short title and sponsor information

Added complete bill header with session information, bill number, and sponsor details

Changed document identifier from H992-ATG-66 to H992-v-1

Removed amendment-specific signature blocks and vote tracking sections

Date reference changed to December 1, 2025, affecting when provisions apply to estates of decedents

Amendment document header with Senate approval signatures and amendment tracking information

Original bill filing header and sponsorship information replaced with amendment document format

Header information was updated to reflect the bill's final ratified status, removing draft committee dates and version numbers while adding the official 'RATIFIED BILL' designation.

A new subsection (6) was added to the rental provisions, allowing managing entities to allocate rental proceeds in a reasonable manner when the delinquent owner cannot be specifically determined due to timeshare program structure.

A new subsection (7) was added clarifying that managing entities are not required to obtain the highest rental rates or rent entire timeshare units, but must use reasonable efforts to secure comparable rentals.

New subsection (d) was added extending lien rights to timeshare estates for maintenance, repairs, or replacement costs resulting from owner acts or omissions.

Document version number changed from Edition 4 to Edition 5, with updated dates reflecting the latest committee adoption and engrossment dates.

Formatting adjustments were made to the header section, including repositioning of committee substitute and adoption dates.

Version identifier changed from *H992-v-4* to *H992-v-5* to reflect the new edition.

Short title changed from 'Timeshare Foreclosures' to 'Timeshare Foreclosure/Paternity Matters,' indicating the bill now covers paternity-related legal issues in addition to timeshare matters.

Senate Finance Committee substitute was added to the committee history, dated June 19, 2025, showing additional legislative review and approval.

Bill version number updated from Edition 3 to Edition 4, and session page number changed from 3 to 4, reflecting standard legislative formatting updates.

The bill version number was updated from Edition 2 to Edition 3, and a new Senate Judiciary Committee adoption date of 6/18/25 was added to the header.

The original header page number was changed from page 2 to page 3, reflecting the addition of the new committee adoption line.

The short title was expanded to include a second purpose: 'TO CHANGE THE PROCESS FOR ESTABLISHING PATERNITY OF CHILDREN BORN OUT OF WEDLOCK,' though no substantive text related to this new purpose appears in the provided excerpt.

Added a new requirement that managing entities must obtain the highest nightly rental rate available when securing rentals of delinquent owners' timeshares.

Modified the allocation provision to clarify that when a specific delinquent owner cannot be determined, the managing entity may allocate net rental proceeds in any reasonable manner.

Minor formatting changes to the bill header and page numbering, along with removal of some sponsor information.