Mark Obenshain
- Republican
- Senator
- District 2
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. This bill is identical to HB 1241.
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.
Acts of Assembly Chapter text (CHAP0602)
Approved by Governor-Chapter 602 (effective - see bill)
Governor's Action Deadline 11:59 p.m., April 8, 2024
Enrolled Bill Communicated to Governor on March 11, 2024
Signed by President
Impact statement from DPB (SB600ER)
Signed by Speaker
Bill text as passed Senate and House (SB600ER)
Enrolled
VOTE: Block Vote Passage (98-Y 0-N)
Passed House BLOCK VOTE (98-Y 0-N)
Read third time
Read second time
Reported from General Laws (21-Y 0-N)
Read first time
Placed on Calendar
Referred to Committee on General Laws
Impact statement from DPB (SB600E)
Passed Senate (40-Y 0-N)
Constitutional reading dispensed (40-Y 0-N)
Printed as engrossed 24102409D-E
Engrossed by Senate as amended SB600E
Committee amendments agreed to
Reading of amendments waived
Read second time
Constitutional reading dispensed (40-Y 0-N)
Senate committee, floor amendments and substitutes offered
Reported from General Laws and Technology with amendments (15-Y 0-N)
Impact statement from DPB (SB600)
Referred to Committee on General Laws and Technology
Prefiled and ordered printed; offered 01/10/24 24102409D
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/10/24 24102409D | PDF HTML |
| Printed as engrossed 24102409D-E | PDF HTML |
| SB600ER | PDF HTML |
| CHAP0602 | PDF HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: SB600FER122.PDF | |
| Fiscal Impact Statement: SB600FE122.PDF | |
| Fiscal Impact Statement: SB600F122.PDF | |
| Amendment: SB600AS | HTML |
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