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2024 SESSION
HB 1241 Virginia Real Estate Time-Share Act; partial termination of certain time-shares.
Introduced by: Tony O. Wilt | all patrons ... notes | add to my profiles
SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION: (all summaries)
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 SB 600.
FULL TEXT
- 01/10/24 House: Prefiled and ordered printed; offered 01/10/24 24101451D pdf | impact statement
- 02/09/24 House: Printed as engrossed 24101451D-E pdf | impact statement
- 03/05/24 House: Bill text as passed House and Senate (HB1241ER) pdf | impact statement
- 04/05/24 Governor: Acts of Assembly Chapter text (CHAP0546) pdf
AMENDMENTS
- House subcommittee amendments and substitutes offered
- House subcommittee amendments and substitutes adopted
- Senate committee, floor amendments and substitutes offered
- House amendments adopted
- Senate amendments
- Senate amendments engrossed
HISTORY
- 01/10/24 House: Prefiled and ordered printed; offered 01/10/24 24101451D
- 01/10/24 House: Referred to Committee on General Laws
- 01/26/24 House: Assigned GL sub: Housing/Consumer Protection
- 02/01/24 House: Subcommittee recommends reporting with amendments (8-Y 0-N)
- 02/06/24 House: Reported from General Laws with amendment(s) (20-Y 0-N)
- 02/08/24 House: Read first time
- 02/09/24 House: Read second time
- 02/09/24 House: Committee amendments agreed to
- 02/09/24 House: Engrossed by House as amended HB1241E
- 02/09/24 House: Printed as engrossed 24101451D-E
- 02/12/24 House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
- 02/12/24 House: VOTE: Block Vote Passage (100-Y 0-N)
- 02/13/24 Senate: Constitutional reading dispensed
- 02/13/24 Senate: Referred to Committee on General Laws and Technology
- 02/21/24 Senate: Reported from General Laws and Technology with amendment (15-Y 0-N)
- 02/23/24 Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/26/24 Senate: Read third time
- 02/26/24 Senate: Reading of amendment waived
- 02/26/24 Senate: Committee amendment agreed to
- 02/26/24 Senate: Engrossed by Senate as amended
- 02/26/24 Senate: Passed Senate with amendment (40-Y 0-N)
- 02/28/24 House: Senate amendment agreed to by House (96-Y 2-N)
- 02/28/24 House: VOTE: Adoption (96-Y 2-N)
- 03/05/24 House: Enrolled
- 03/05/24 House: Bill text as passed House and Senate (HB1241ER)
- 03/11/24 House: Enrolled Bill communicated to Governor on March 11, 2024
- 03/11/24 Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
- 04/05/24 Governor: Approved by Governor-Chapter 546 (effective - see bill)
- 04/05/24 Governor: Acts of Assembly Chapter text (CHAP0546)