2023 Regular Session • Virginia Legislature
SB969: Virginia Real Estate Time-Share Act; alternative purchases.
Legislative Summary
Virginia Real Estate Time-Share Act; alternative purchases. Removes the requirement under the Virginia Real Estate Time-Share Act that a time-share instrument executed by a time-share estate project developer state whether such developer reserves the right to add to or delete any alternative purchase and requires that the public offering statement distributed to each prospective purchaser of a time-share disclose whether the developer will offer any alternative purchase.
Bill History
1/6/2023
Prefiled and ordered printed; offered 01/11/23 23101496D
Senate
1/6/2023
Referred to Committee on General Laws and Technology
Senate
1/11/2023
Reported from General Laws and Technology (14-Y 0-N)
Senate
1/13/2023
Constitutional reading dispensed (36-Y 0-N)
Senate
1/16/2023
Read second time and engrossed
Senate
1/17/2023
Read third time and passed Senate (38-Y 0-N)
Senate
2/9/2023
Placed on Calendar
House of Delegates
2/9/2023
Read first time
House of Delegates
2/9/2023
Referred to Committee on General Laws
House of Delegates
2/9/2023
Reported from General Laws (22-Y 0-N)
House of Delegates
2/13/2023
Read second time
House of Delegates
2/14/2023
Read third time
House of Delegates
2/14/2023
Passed House BLOCK VOTE (99-Y 0-N)
House of Delegates
2/14/2023
VOTE: Block Vote Passage (99-Y 0-N)
House of Delegates
2/16/2023
Enrolled
Senate
2/16/2023
Bill text as passed Senate and House (SB969ER)
Senate
2/16/2023
Signed by President
Senate
2/16/2023
Signed by Speaker
House of Delegates
3/2/2023
Enrolled Bill Communicated to Governor on March 2, 2023
Senate
3/2/2023
Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023
3/21/2023
Governor: Approved by Governor-Chapter 53 (effective 7/1/23)
3/21/2023
Governor: Acts of Assembly Chapter text (CHAP0053)
Roll Call Votes
House: VOTE: Block Vote Passage (99-Y 0-N)
2/14/2023
99
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
House: Reported from General Laws (22-Y 0-N)
2/9/2023
22
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate: Constitutional reading dispensed (36-Y 0-N)
1/13/2023
36
Yea
0
Nay
0
Not Voting
3
Absent
Result: PASSED
Senate: Reported from General Laws and Technology (14-Y 0-N)
1/11/2023
14
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Passed(3/21/2023)
Chamber
Senate
Sine DiePrior Session
Sponsors
Democrat: 1
Primary Sponsor
Monty Mason
Democrat