Virginia Real Estate Time-Share Act; partial termination of certain time-shares.
Summary
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. This bill is identical to HB 1241.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2024
Committee Review
Feb 2024
Senate Passage
Mar 2024
House of Delegates Passage
Feb 2024
Signed into Law
Apr 2024
Introduced Jan 10, 2024
Signed Apr 5, 2024
Floor votes · Senate Feb 9, 2024 · House of Delegates Feb 23, 2024
How they voted
40–0
Passed
Total votes 40
Feb 9, 2024
D
Democratic21
100% Yea
R
Republican19
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
31
Key actions
7
Committee
5
Amendments
3
Apr 5, 2024
Signed into law
Approved by Governor-Chapter 602 (effective - see bill)
Mar 2, 2024
Senate · Passed
Signed by President
Feb 28, 2024
House of Delegates · Passed
Signed by Speaker
Feb 28, 2024
Senate · Passed
Bill text as passed Senate and House (SB600ER)
Feb 23, 2024
House of Delegates · Passed
VOTE: Block Vote Passage (98-Y 0-N)
Feb 23, 2024
House of Delegates · Passed
Passed House BLOCK VOTE (98-Y 0-N)
Feb 20, 2024
House of Delegates · Reported by committee
Reported from General Laws (21-Y 0-N)
Feb 15, 2024
House of Delegates · Referred to committee
Referred to Committee on General Laws
Feb 9, 2024
Senate · Passed
Passed Senate (40-Y 0-N)
Feb 9, 2024
Senate · Amendment offered
Engrossed by Senate as amended SB600E
Feb 9, 2024
Senate · Amendment adopted
Committee amendments agreed to
Feb 9, 2024
Senate · Amendment offered
Reading of amendments waived
Feb 7, 2024
Senate · Reported by committee
Reported from General Laws and Technology with amendments (15-Y 0-N)
Feb 7, 2024
Senate · Reported by committee
Senate committee, floor amendments and substitutes offered
Jan 10, 2024
Senate · Referred to committee
Referred to Committee on General Laws and Technology
1 primary · 1 co-sponsor
Sponsors
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