2025 Regular SessionVirginia Legislature

SB807: Virginia Real Estate Time-Share Act; recordkeeping by resellers.

Legislative Summary

Virginia Real Estate Time-Share Act; recordkeeping by resellers. Removes the requirement under the Virginia Real Estate Time-Share Act that, if contact information has been obtained by a reseller of a time-share from any source, such reseller and the lead dealer of such time-share maintain a copy of a current government-issued photographic identification of the lead dealer who provided the contact information.

Demographic Impact

Overall analysis of equity impact

80% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

12/30/2024
Prefiled and ordered printed; Offered 01-08-2025 25102923D
Senate
12/30/2024
Referred to Committee on General Laws and Technology
Senate
1/15/2025
Reported from General Laws and Technology (15-Y 0-N)
Senate
1/17/2025
Rules suspended
Senate
1/17/2025
Constitutional reading dispensed (on 1st reading) (40-Y 0-N)
Senate
1/17/2025
Passed by for the day
Senate
1/20/2025
Read second time and engrossed
Senate
1/21/2025
Read third time and passed Senate (40-Y 0-N)
Senate
1/29/2025
Fiscal Impact Statement from Department of Planning and Budget (SB807)
Senate
2/5/2025
Placed on Calendar
House of Delegates
2/5/2025
Read first time
House of Delegates
2/5/2025
Referred to Committee on General Laws
House of Delegates
2/12/2025
Assigned GL sub: Housing/Consumer Protection
House of Delegates
2/13/2025
Subcommittee recommends reporting (4-Y 3-N)
House of Delegates
2/13/2025
Reported from General Laws (13-Y 6-N)
House of Delegates
2/17/2025
Read second time
House of Delegates
2/18/2025
Read third time
House of Delegates
2/18/2025
Passed House (87-Y 9-N)
House of Delegates
2/20/2025
Enrolled
Senate
2/20/2025
Bill text as passed Senate and House (SB807ER)
Senate
2/20/2025
Signed by Speaker
House of Delegates
2/23/2025
Signed by President
Senate
2/24/2025
Fiscal Impact Statement from Department of Planning and Budget (SB807)
Senate
3/5/2025
Enrolled Bill Communicated to Governor on March 5, 2025
Senate
3/5/2025
Governor's Action Deadline 11:59 p.m., March 24, 2025
3/21/2025
Approved by Governor-Chapter 353 (Effective 07/01/25)
3/21/2025
Acts of Assembly Chapter text (CHAP0353)

Roll Call Votes

Passed House (87-Y 9-N)
2/18/2025
87
Yea
9
Nay
0
Not Voting
4
Absent
Result: PASSED
Reported from General Laws (13-Y 6-N)
2/13/2025
13
Yea
6
Nay
0
Not Voting
3
Absent
Result: PASSED
Subcommittee recommends reporting (4-Y 3-N)
2/13/2025
4
Yea
3
Nay
0
Not Voting
2
Absent
Result: PASSED
Read third time and passed Senate (40-Y 0-N)
1/21/2025
40
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Constitutional reading dispensed (on 1st reading) (40-Y 0-N)
1/17/2025
40
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Reported from General Laws and Technology (15-Y 0-N)
1/15/2025
15
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Passed(3/21/2025)
Chamber
Senate

Sponsors

Republican: 1

Documents

Chaptered
Bill Text3/21/20254.1 KB
Enrolled
Bill Text2/20/20254.2 KB
Introduced
Bill Text12/30/20244.9 KB
Fiscal Note/Analysis
Fiscal Note/Analysis2/24/202599.4 KB
Fiscal Note/Analysis
Fiscal Note/Analysis1/29/2025100.3 KB