Tony Wilt
- Republican
- Delegate
- District 34
Primary
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.
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.
Virginia Real Estate Time-Share Act; partialtermination of certain time-shares. Allows for the partial terminationof a time-share project by a developer or an association and providesthe procedures for any such partial termination. The bill also setsa one-year statute of limitations on any legal challenge or actionfor damages or equitable relief arising out of any termination ofa time-share project in accordance with the provisions of the VirginiaReal Estate Time-Share Act. The bill's provisions are declared tobe effective retroactive in accordance with certain provisions ofthe Virginia Real Estate Time-Share Act.
Approved by Governor-Chapter 546 (effective - see bill)
Acts of Assembly Chapter text (CHAP0546)
Governor's Action Deadline 11:59 p.m., April 8, 2024
Enrolled Bill communicated to Governor on March 11, 2024
Bill text as passed House and Senate (HB1241ER)
Impact statement from DPB (HB1241ER)
Enrolled
VOTE: Adoption (96-Y 2-N)
Senate amendment agreed to by House (96-Y 2-N)
Read third time
Passed Senate with amendment (40-Y 0-N)
Engrossed by Senate as amended
Committee amendment agreed to
Reading of amendment waived
Constitutional reading dispensed (38-Y 0-N)
Senate committee, floor amendments and substitutes offered
Reported from General Laws and Technology with amendment (15-Y 0-N)
Referred to Committee on General Laws and Technology
Constitutional reading dispensed
Read third time and passed House BLOCK VOTE (100-Y 0-N)
VOTE: Block Vote Passage (100-Y 0-N)
Impact statement from DPB (HB1241E)
Committee amendments agreed to
Printed as engrossed 24101451D-E
Engrossed by House as amended HB1241E
Read second time
Read first time
Reported from General Laws with amendment(s) (20-Y 0-N)
Subcommittee recommends reporting with amendments (8-Y 0-N)
House subcommittee amendments and substitutes offered
Assigned GL sub: Housing/Consumer Protection
Impact statement from DPB (HB1241)
Prefiled and ordered printed; offered 01/10/24 24101451D
Referred to Committee on General Laws
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/10/24 24101451D | PDF HTML |
| Printed as engrossed 24101451D-E | PDF HTML |
| HB1241ER | PDF HTML |
| CHAP0546 | PDF HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: HB1241FER122.PDF | |
| Fiscal Impact Statement: HB1241FE122.PDF | |
| Fiscal Impact Statement: HB1241F122.PDF | |
| Amendment: HB1241ASE | HTML |
| Amendment: HB1241AS | HTML |
| Amendment: HB1241AH | HTML |
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