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CS/SB 1208: Timeshare Plans

GENERAL BILL by Comprehensive Planning ; Webster

Timeshare Plans; revises language re specified provisions of timeshare plans; provides for required recordkeeping by seller of personal property timeshare plan; provides that section of law governing discharge of managing entity shall not apply re said plans; exempts accommodations & facilities of personal property timeshare plans from provision of law governing firesafety; provides for applicability, etc. Amends Ch. 721, 475.011, 718.103.

Effective Date: 06/10/2004
 Last Action: 6/10/2004 - Approved by Governor; Chapter No. 2004-279
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    12/12/2003 Senate • Prefiled
    1/6/2004 Senate • Referred to Regulated Industries; Comprehensive Planning; Banking and Insurance; Judiciary
    1/13/2004 Senate • On Committee agenda-- Regulated Industries, 01/22/04, 9:00 am, 110-S
    1/22/2004 Senate • Favorable by Regulated Industries; YEAS 9 NAYS 0
    1/23/2004 Senate • Now in Comprehensive Planning
    2/9/2004 Senate • On Committee agenda-- Comprehensive Planning, 02/16/04, 2:00 pm, 412-K
    2/16/2004 Senate • CS by Comprehensive Planning; YEAS 6 NAYS 0
    2/17/2004 Senate • Now in Banking and Insurance
    3/2/2004 Senate • Introduced, referred to Regulated Industries; Comprehensive Planning; Banking and Insurance; Judiciary -SJ 00069; On Committee agenda-- Regulated Industries, 01/22/04, 9:00 am, 110-S; Favorable by Regulated Industries; YEAS 9 NAYS 0 -SJ 00151; Now in Comprehensive Planning -SJ 00151; On Committee agenda-- Comprehensive Planning, 02/16/04, 2:00 pm, 412-K; CS by Comprehensive Planning; YEAS 6 NAYS 0 -SJ 00154; CS read first time on 03/02/04 -SJ 00145; Now in Banking and Insurance -SJ 00154; On Committee agenda-- Banking and Insurance, 03/03/04, 1:00 pm, 110-S -SJ 00002
    3/3/2004 Senate • Favorable by Banking and Insurance; YEAS 11 NAYS 0 -SJ 00213; Now in Judiciary -SJ 00213
    3/17/2004 Senate • On Committee agenda-- Judiciary, 03/22/04, 2:00 pm, 110-S
    3/22/2004 Senate • Favorable with 1 amendment(s) by- Judiciary; YEAS 7 NAYS 0 -SJ 00378
    3/23/2004 Senate • Placed on Calendar, on second reading
    4/28/2004 Senate • Placed on Consent Calendar -SJ 01338; Read second time -SJ 01261; Amendment(s) adopted -SJ 01262; Read third time -SJ 01262; CS passed as amended; YEAS 40 NAYS 0 -SJ 01262
    4/28/2004 House • In Messages
    4/29/2004 House • Received, placed on Calendar -HJ 01085; Substituted for HB 277 -HJ 01121; Read second time -HJ 01122
    4/30/2004 House • Read third time -HJ 01222; CS passed; YEAS 114 NAYS 0 -HJ 01222
    4/30/2004 Senate • Ordered enrolled -SJ 01740
    6/9/2004 • Signed by Officers and presented to Governor
    6/10/2004 • Approved by Governor; Chapter No. 2004-279

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  • CS/SB 1208, Enrolled (Current Bill Version) Posted 5/1/2004 at 10:20 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 277 Mealor Similar Last Action: 4/29/2004 H Placed on Special Order Calendar; Substituted CS/SB 1208; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 1208 (Ch. 2004-279) -HJ 01121
    Location:

    Citations - Statutes (34)

    Citation Catchline Location in Bill Location In Bill Help
    475.011 Exemptions.
    718.103 Definitions.
    721.02 Purposes.
    721.03 Scope of chapter.
    721.05 Definitions.
    721.06 Contracts for purchase of timeshare interests.
    721.065 Resale purchase agreements.
    721.07 Public offering statement.
    721.075 Incidental benefits.
    721.08 Escrow accounts; nondisturbance instruments; alternate security arrangements; transfer of legal title.
    721.09 Reservation agreements; escrows.
    721.11 Advertising materials; oral statements.
    721.12 Recordkeeping by seller.
    721.13 Management.
    721.14 Discharge of managing entity.
    721.15 Assessments for common expenses.
    721.16 Liens for overdue assessments; liens for labor performed on, or materials furnished to, a timeshare unit.
    721.17 Transfer of interest.
    721.18 Exchange programs; filing of information and other materials; filing fees; unlawful acts in connection with an exchange program.
    721.19 Provisions requiring purchase or lease of timeshare property by owners' association or purchasers; validity.
    721.20 Licensing requirements; suspension or revocation of license; exceptions to applicability; collection of advance fees for listings unlawful.
    721.24 Firesafety.
    721.26 Regulation by division.
    721.52 Definitions.
    721.53 Subordination instruments; alternate security arrangements.
    721.54 Term of nonspecific multisite timeshare plans.
    721.55 Multisite timeshare plan public offering statement.
    721.551 Delivery of multisite timeshare plan purchaser public offering statement.
    721.552 Additions, substitutions, or deletions of component site accommodations or facilities; purchaser remedies for violations.
    721.56 Management of multisite timeshare plans; reservation systems; demand balancing.
    721.57 Offering of timeshare estates in multisite timeshare plans; required provisions in the timeshare instrument.
    721.84 Appointment of a registered agent; duties.
    721.96 Purpose.
    721.97 Timeshare commissioner of deeds.

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  • CS/SB 1208, Engrossed 1 Posted 4/28/2004 at 8:20 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Floor Votes (1)

    Date Chamber Result
    4/30/2004 5:09 PM House 114 Yeas - 0 Nays

    Citations - Statutes (34)

    Citation Catchline Location in Bill Location In Bill Help
    475.011 Exemptions.
    718.103 Definitions.
    721.02 Purposes.
    721.03 Scope of chapter.
    721.05 Definitions.
    721.06 Contracts for purchase of timeshare interests.
    721.065 Resale purchase agreements.
    721.07 Public offering statement.
    721.075 Incidental benefits.
    721.08 Escrow accounts; nondisturbance instruments; alternate security arrangements; transfer of legal title.
    721.09 Reservation agreements; escrows.
    721.11 Advertising materials; oral statements.
    721.12 Recordkeeping by seller.
    721.13 Management.
    721.14 Discharge of managing entity.
    721.15 Assessments for common expenses.
    721.16 Liens for overdue assessments; liens for labor performed on, or materials furnished to, a timeshare unit.
    721.17 Transfer of interest.
    721.18 Exchange programs; filing of information and other materials; filing fees; unlawful acts in connection with an exchange program.
    721.19 Provisions requiring purchase or lease of timeshare property by owners' association or purchasers; validity.
    721.20 Licensing requirements; suspension or revocation of license; exceptions to applicability; collection of advance fees for listings unlawful.
    721.24 Firesafety.
    721.26 Regulation by division.
    721.52 Definitions.
    721.53 Subordination instruments; alternate security arrangements.
    721.54 Term of nonspecific multisite timeshare plans.
    721.55 Multisite timeshare plan public offering statement.
    721.551 Delivery of multisite timeshare plan purchaser public offering statement.
    721.552 Additions, substitutions, or deletions of component site accommodations or facilities; purchaser remedies for violations.
    721.56 Management of multisite timeshare plans; reservation systems; demand balancing.
    721.57 Offering of timeshare estates in multisite timeshare plans; required provisions in the timeshare instrument.
    721.84 Appointment of a registered agent; duties.
    721.96 Purpose.
    721.97 Timeshare commissioner of deeds.

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  • CS/SB 1208, Committee Substitute 1 Posted 2/17/2004 at 4:02 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 3/3/2004 (pdf)
    Comprehensive Planning (Post-Meeting) 2/16/2004 (pdf)
    Judiciary (Post-Meeting) 3/19/2004 (pdf)

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    495318 - Amendment
    		Judiciary 3/23/2004
    4:59 PM     		Web Page
    PDF

    Floor Amendments (2)

    Amendment Sponsor Filed Last Floor Action Format
    171992 - Amendment
    		Webster 4/27/2004
    7:36 PM     		Web Page
    PDF
    560298 - Amendment
    		Webster 4/27/2004
    7:37 PM     		Web Page
    PDF

    Committee Votes (2)

    Date Committee Result
    3/3/2004 1:00 PM Banking and Insurance 11 Yeas - 0 Nays
    3/22/2004 2:00 PM Judiciary 7 Yeas - 0 Nays

    Floor Votes (1)

    Date Chamber Result
    4/28/2004 3:58 PM Senate 40 Yeas - 0 Nays

    Citations - Statutes (34)

    Citation Catchline Location in Bill Location In Bill Help
    475.011 Exemptions.
    718.103 Definitions.
    721.02 Purposes.
    721.03 Scope of chapter.
    721.05 Definitions.
    721.06 Contracts for purchase of timeshare interests.
    721.065 Resale purchase agreements.
    721.07 Public offering statement.
    721.075 Incidental benefits.
    721.08 Escrow accounts; nondisturbance instruments; alternate security arrangements; transfer of legal title.
    721.09 Reservation agreements; escrows.
    721.11 Advertising materials; oral statements.
    721.12 Recordkeeping by seller.
    721.13 Management.
    721.14 Discharge of managing entity.
    721.15 Assessments for common expenses.
    721.16 Liens for overdue assessments; liens for labor performed on, or materials furnished to, a timeshare unit.
    721.17 Transfer of interest.
    721.18 Exchange programs; filing of information and other materials; filing fees; unlawful acts in connection with an exchange program.
    721.19 Provisions requiring purchase or lease of timeshare property by owners' association or purchasers; validity.
    721.20 Licensing requirements; suspension or revocation of license; exceptions to applicability; collection of advance fees for listings unlawful.
    721.24 Firesafety.
    721.26 Regulation by division.
    721.52 Definitions.
    721.53 Subordination instruments; alternate security arrangements.
    721.54 Term of nonspecific multisite timeshare plans.
    721.55 Multisite timeshare plan public offering statement.
    721.551 Delivery of multisite timeshare plan purchaser public offering statement.
    721.552 Additions, substitutions, or deletions of component site accommodations or facilities; purchaser remedies for violations.
    721.56 Management of multisite timeshare plans; reservation systems; demand balancing.
    721.57 Offering of timeshare estates in multisite timeshare plans; required provisions in the timeshare instrument.
    721.84 Appointment of a registered agent; duties.
    721.96 Purpose.
    721.97 Timeshare commissioner of deeds.

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  • SB 1208, Original Filed Version Posted 12/12/2003 at 11:48 AM

    Bill Text:   Web Page | PDF
    Analyses:   Regulated Industries (Post-Meeting) 1/8/2004 (pdf)

    Committee Votes (2)

    Date Committee Result
    1/22/2004 9:00 AM Regulated Industries 9 Yeas - 0 Nays
    2/16/2004 2:00 PM Comprehensive Planning 6 Yeas - 0 Nays

    Citations - Statutes (34)

    Citation Catchline Location in Bill Location In Bill Help
    475.011 Exemptions.
    718.103 Definitions.
    721.02 Purposes.
    721.03 Scope of chapter.
    721.05 Definitions.
    721.06 Contracts for purchase of timeshare interests.
    721.065 Resale purchase agreements.
    721.07 Public offering statement.
    721.075 Incidental benefits.
    721.08 Escrow accounts; nondisturbance instruments; alternate security arrangements; transfer of legal title.
    721.09 Reservation agreements; escrows.
    721.11 Advertising materials; oral statements.
    721.12 Recordkeeping by seller.
    721.13 Management.
    721.14 Discharge of managing entity.
    721.15 Assessments for common expenses.
    721.16 Liens for overdue assessments; liens for labor performed on, or materials furnished to, a timeshare unit.
    721.17 Transfer of interest.
    721.18 Exchange programs; filing of information and other materials; filing fees; unlawful acts in connection with an exchange program.
    721.19 Provisions requiring purchase or lease of timeshare property by owners' association or purchasers; validity.
    721.20 Licensing requirements; suspension or revocation of license; exceptions to applicability; collection of advance fees for listings unlawful.
    721.24 Firesafety.
    721.26 Regulation by division.
    721.52 Definitions.
    721.53 Subordination instruments; alternate security arrangements.
    721.54 Term of nonspecific multisite timeshare plans.
    721.55 Multisite timeshare plan public offering statement.
    721.551 Delivery of multisite timeshare plan purchaser public offering statement.
    721.552 Additions, substitutions, or deletions of component site accommodations or facilities; purchaser remedies for violations.
    721.56 Management of multisite timeshare plans; reservation systems; demand balancing.
    721.57 Offering of timeshare estates in multisite timeshare plans; required provisions in the timeshare instrument.
    721.84 Appointment of a registered agent; duties.
    721.96 Purpose.
    721.97 Timeshare commissioner of deeds.

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