VA HB233 | 2012 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 18 2012 - 100% progression
Action: 2012-04-18 - Governor: Acts of Assembly Chapter text (CHAP0751)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 18 2012 - 100% progression
Action: 2012-04-18 - Governor: Acts of Assembly Chapter text (CHAP0751)
Text: Latest bill text (Chaptered) [HTML]
Summary
Time-Share Act; resale revisions. Requires any reseller, defined in the bill, of a time-share in Virginia to be registered with the Common Interest Community Board and therefore subject to the regulatory authority of the Board. The bill requires time-share resellers to make written disclosures to purchasers concerning the time-share being resold and requires that a separate buyer's acknowledgment form must be provided to each time-share purchaser disclosing certain information, including whether or not the developer owns a buyback program and making it clear that the purchaser is buying a time-share for personal use, rather than investment purposes or resale potential. Under the bill, a willful violation of the registration, acknowledgment, or disclosure provisions is a Class 1 misdemeanor.
Title
Virginia Real Estate Time-Share Act; resale of time-shares, disclosures.
Sponsors
Roll Calls
2012-04-18 - Senate - Senate: Senate concurred in Governor's recommendation (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-04-18 - House - House: VOTE: ADOPTION (94-Y 0-N) (Y: 96 N: 0 NV: 6 Abs: 0) [PASS]
2012-03-05 - House - House: VOTE: ADOPTION (97-Y 0-N) (Y: 99 N: 0 NV: 3 Abs: 0) [PASS]
2012-03-01 - Senate - Senate: Passed Senate with substitute (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-03-01 - Senate - Senate: Reconsideration of Senate passage agreed to by Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-03-01 - Senate - Senate: Passed Senate with substitute (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-29 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-27 - Senate - Senate: Reported from General Laws and Technology with substitute (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-14 - House - House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (Y: 102 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-09 - House - House: Reported from General Laws with substitute (21-Y 0-N) (Y: 21 N: 0 NV: 1 Abs: 0) [PASS]
2012-02-08 - House - House: Subcommittee recommends reporting with amendment(s) (7-Y 0-N) (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
2012-04-18 - House - House: VOTE: ADOPTION (94-Y 0-N) (Y: 96 N: 0 NV: 6 Abs: 0) [PASS]
2012-03-05 - House - House: VOTE: ADOPTION (97-Y 0-N) (Y: 99 N: 0 NV: 3 Abs: 0) [PASS]
2012-03-01 - Senate - Senate: Passed Senate with substitute (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-03-01 - Senate - Senate: Reconsideration of Senate passage agreed to by Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-03-01 - Senate - Senate: Passed Senate with substitute (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-29 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-27 - Senate - Senate: Reported from General Laws and Technology with substitute (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-14 - House - House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (Y: 102 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-09 - House - House: Reported from General Laws with substitute (21-Y 0-N) (Y: 21 N: 0 NV: 1 Abs: 0) [PASS]
2012-02-08 - House - House: Subcommittee recommends reporting with amendment(s) (7-Y 0-N) (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2012-04-18 | Governor: Acts of Assembly Chapter text (CHAP0751) | |
| 2012-04-18 | Governor: Approved by Governor-Chapter 751 (effective 7/1/12) | |
| 2012-04-18 | Senate: Signed by President as reenrolled | |
| 2012-04-18 | House: Signed by Speaker as reenrolled | |
| 2012-04-18 | House: Reenrolled bill text (HB233ER2) | |
| 2012-04-18 | House: Reenrolled | |
| 2012-04-18 | Governor: Governor's recommendation adopted | |
| 2012-04-18 | Senate: Senate concurred in Governor's recommendation (39-Y 0-N) | |
| 2012-04-18 | House: VOTE: ADOPTION (94-Y 0-N) | |
| 2012-04-18 | House: House concurred in Governor's recommendation (94-Y 0-N) | |
| 2012-04-17 | House: Placed on Calendar | |
| 2012-04-09 | House: Governor's recommendation received by House | |
| 2012-03-09 | Senate: Signed by President | |
| 2012-03-08 | House: Signed by Speaker | |
| 2012-03-08 | House: Bill text as passed House and Senate (HB233ER) | |
| 2012-03-08 | House: Enrolled | |
| 2012-03-05 | House: VOTE: ADOPTION (97-Y 0-N) | |
| 2012-03-05 | House: Senate substitute agreed to by House 12105685D-S1 (97-Y 0-N) | |
| 2012-03-02 | House: Placed on Calendar | |
| 2012-03-01 | Senate: Passed Senate with substitute (39-Y 0-N) | |
| 2012-03-01 | Senate: Reconsideration of Senate passage agreed to by Senate (39-Y 0-N) | |
| 2012-03-01 | Senate: Passed Senate with substitute (40-Y 0-N) | |
| 2012-03-01 | Senate: Engrossed by Senate - committee substitute HB233S1 | |
| 2012-03-01 | Senate: Committee substitute agreed to 12105685D-S1 | |
| 2012-03-01 | Senate: Reading of substitute waived | |
| 2012-03-01 | Senate: Read third time | |
| 2012-02-29 | Senate: Constitutional reading dispensed (40-Y 0-N) | |
| 2012-02-27 | Senate: Committee substitute printed 12105685D-S1 | |
| 2012-02-27 | Senate: Reported from General Laws and Technology with substitute (14-Y 0-N) | |
| 2012-02-15 | Senate: Referred to Committee on General Laws and Technology | |
| 2012-02-15 | Senate: Constitutional reading dispensed | |
| 2012-02-14 | House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) | |
| 2012-02-14 | House: Read third time and passed House BLOCK VOTE (100-Y 0-N) | |
| 2012-02-13 | House: Engrossed by House - committee substitute HB233H1 | |
| 2012-02-13 | House: Committee substitute agreed to 12105236D-H1 | |
| 2012-02-13 | House: Read second time | |
| 2012-02-12 | House: Read first time | |
| 2012-02-09 | House: Committee substitute printed 12105236D-H1 | |
| 2012-02-09 | House: Reported from General Laws with substitute (21-Y 0-N) | |
| 2012-02-08 | House: Subcommittee recommends reporting with amendment(s) (7-Y 0-N) | |
| 2012-01-27 | House: Assigned GL sub: #1 Housing | |
| 2012-01-10 | House: Referred to Committee on General Laws | |
| 2012-01-10 | House: Prefiled and ordered printed; offered 01/11/12 12102185D |
