HB1241
Virginia Real Estate Time-Share Act; partial termination of certain time-shares.
Summary
As Enacted. 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 ... (More) 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. (Less)-
Bill History
- 01/10/2024 - House: Prefiled and ordered printed; offered 01/10/24 24101451D
- 01/10/2024 - House: Referred to Committee on General Laws
- 01/22/2024 - House: Impact statement from DPB (HB1241)
- 01/26/2024 - House: Assigned GL sub: Housing/Consumer Protection
- 02/01/2024 - House: House subcommittee amendments and substitutes offered
- 02/01/2024 - House: Subcommittee recommends reporting with amendments (8-Y 0-N)
- 02/06/2024 - House: Reported from General Laws with amendment(s) (20-Y 0-N)
- 02/08/2024 - House: Read first time
- 02/09/2024 - House: Read second time
- 02/09/2024 - House: Committee amendments agreed to
- 02/09/2024 - House: Engrossed by House as amended HB1241E
- 02/09/2024 - House: Printed as engrossed 24101451D-E
- 02/12/2024 - House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
- 02/12/2024 - House: Impact statement from DPB (HB1241E)
- 02/12/2024 - House: VOTE: Block Vote Passage (100-Y 0-N)
- 02/13/2024 - Senate: Constitutional reading dispensed
- 02/13/2024 - Senate: Referred to Committee on General Laws and Technology
- 02/21/2024 - Senate: Senate committee, floor amendments and substitutes offered
- 02/21/2024 - Senate: Reported from General Laws and Technology with amendment (15-Y 0-N)
- 02/23/2024 - Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/26/2024 - Senate: Read third time
- 02/26/2024 - Senate: Reading of amendment waived
- 02/26/2024 - Senate: Committee amendment agreed to
- 02/26/2024 - Senate: Engrossed by Senate as amended
- 02/26/2024 - Senate: Passed Senate with amendment (40-Y 0-N)
- 02/28/2024 - House: Senate amendment agreed to by House (96-Y 2-N)
- 02/28/2024 - House: VOTE: Adoption (96-Y 2-N)
- 03/05/2024 - House: Enrolled
- 03/05/2024 - House: Bill text as passed House and Senate (HB1241ER)
- 03/05/2024 - House: Impact statement from DPB (HB1241ER)
- 03/11/2024 - House: Enrolled Bill communicated to Governor on March 11, 2024
- 03/11/2024 - Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
- 04/05/2024 - Governor: Approved by Governor-Chapter 546 (effective - see bill)
- 04/05/2024 - Governor: Acts of Assembly Chapter text (CHAP0546)
