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2023 SESSION
HB 1955 Virginia Real Estate Time-Share Act; alternative purchases.
Introduced by: Anne Ferrell Tata | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Real Estate Time-Share Act; alternative purchases. Removes the requirement under the Virginia Real Estate Time-Share Act that a time-share instrument executed by a time-share estate project developer state whether such developer reserves the right to add to or delete any alternative purchase and requires that the public offering statement distributed to each prospective purchaser of a time-share disclose whether the developer will offer any alternative purchase. This bill is identical to SB 969.
FULL TEXT
- 01/10/23 House: Prefiled and ordered printed; offered 01/11/23 23102423D pdf | impact statement
- 02/23/23 House: Bill text as passed House and Senate (HB1955ER) pdf | impact statement
- 03/21/23 Governor: Acts of Assembly Chapter text (CHAP0052) pdf
HISTORY
- 01/10/23 House: Prefiled and ordered printed; offered 01/11/23 23102423D
- 01/10/23 House: Referred to Committee on General Laws
- 01/18/23 House: Assigned GL sub: Subcommittee #2
- 01/26/23 House: Subcommittee recommends reporting (8-Y 0-N)
- 01/31/23 House: Reported from General Laws (22-Y 0-N)
- 02/02/23 House: Read first time
- 02/03/23 House: Read second time and engrossed
- 02/06/23 House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
- 02/06/23 House: VOTE: Block Vote Passage (100-Y 0-N)
- 02/07/23 Senate: Constitutional reading dispensed
- 02/07/23 Senate: Referred to Committee on General Laws and Technology
- 02/15/23 Senate: Reported from General Laws and Technology (15-Y 0-N)
- 02/17/23 Senate: Constitutional reading dispensed (37-Y 0-N)
- 02/20/23 Senate: Read third time
- 02/20/23 Senate: Passed Senate (40-Y 0-N)
- 02/23/23 House: Enrolled
- 02/23/23 House: Bill text as passed House and Senate (HB1955ER)
- 02/23/23 House: Signed by Speaker
- 02/25/23 Senate: Signed by President
- 03/02/23 House: Enrolled Bill communicated to Governor on March 2, 2023
- 03/02/23 Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023
- 03/21/23 Governor: Approved by Governor-Chapter 52 (effective 7/1/23)
- 03/21/23 Governor: Acts of Assembly Chapter text (CHAP0052)