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2024 SESSION

• | print version

SB 600 Virginia Real Estate Time-Share Act; partial termination of certain time-shares.

Introduced by: Mark D. Obenshain | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (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 HB 1241.

FULL TEXT

• 01/10/24  Senate: Prefiled and ordered printed; offered 01/10/24 24102409D  pdf | impact statement
• 02/09/24  Senate: Printed as engrossed 24102409D-E  pdf | impact statement
• 02/28/24  Senate: Bill text as passed Senate and House (SB600ER)  pdf | impact statement
• 04/05/24  Governor: Acts of Assembly Chapter text (CHAP0602)  pdf

AMENDMENTS

• Senate committee, floor amendments and substitutes offered
• Senate amendments

HISTORY

• 01/10/24  Senate: Prefiled and ordered printed; offered 01/10/24 24102409D
• 01/10/24  Senate: Referred to Committee on General Laws and Technology
• 02/07/24  Senate: Reported from General Laws and Technology with amendments (15-Y 0-N)
• 02/08/24  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/09/24  Senate: Read second time
• 02/09/24  Senate: Reading of amendments waived
• 02/09/24  Senate: Committee amendments agreed to
• 02/09/24  Senate: Engrossed by Senate as amended SB600E
• 02/09/24  Senate: Printed as engrossed 24102409D-E
• 02/09/24  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/09/24  Senate: Passed Senate (40-Y 0-N)
• 02/15/24  House: Placed on Calendar
• 02/15/24  House: Read first time
• 02/15/24  House: Referred to Committee on General Laws
• 02/20/24  House: Reported from General Laws (21-Y 0-N)
• 02/22/24  House: Read second time
• 02/23/24  House: Read third time
• 02/23/24  House: Passed House BLOCK VOTE (98-Y 0-N)
• 02/23/24  House: VOTE: Block Vote Passage (98-Y 0-N)
• 02/28/24  Senate: Enrolled
• 02/28/24  Senate: Bill text as passed Senate and House (SB600ER)
• 02/28/24  House: Signed by Speaker
• 03/02/24  Senate: Signed by President
• 03/11/24  Senate: 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 602 (effective - see bill)
• 04/05/24  Governor: Acts of Assembly Chapter text (CHAP0602)