CS/HB 7025: Timeshares
GENERAL BILL by Regulatory Affairs Committee ; Business and Professional Regulation Subcommittee ; Eagle
Timeshares; Specifies that certain provisions relating to condominium board elections do not apply to timeshare condominiums; revises formula requirements for calculating reserves for accommodations & facilities of real property timeshare plans; requires successor in interest to be listed as owner of timeshare interest under certain conditions; requires estoppel letter in certain timeshare resale transfer transactions; prohibits certain activities related to offering timeshare interest transfer services; requires resale transfer agreements to contain specified information; requires establishment of escrow account for certain purposes; provides requirements & duties of escrow agent; providing penalties; revises procedure for trustee foreclosure of assessment & mortgage liens; revises conditions under which trustee may sell foreclosed encumbered timeshare interest; revises & provides notice requirements; provides for perfection of notice; provides requirements for notice of lis pendens; provides exceptions for actions for failure to follow trustee foreclosure procedure.
Last Action: 6/13/2013 - Chapter No. 2013-159, companion bill(s) passed, see CS/CS/CS/HB 73 (Ch. 2013-188)
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/20/2013 | House |
• Filed |
| 3/4/2013 | House |
• Referred to Civil Justice Subcommittee; Regulatory Affairs Committee -HJ 140 |
| 3/5/2013 | House |
• Introduced -HJ 140 |
| 3/11/2013 | House |
• On Committee agenda-- Civil Justice Subcommittee, 03/13/13, 12:00 pm, 404 HOB |
| 3/13/2013 | House |
• Favorable by Civil Justice Subcommittee; YEAS 12 NAYS 0 -HJ 248 • Now in Regulatory Affairs Committee -HJ 248 |
| 3/20/2013 | House |
• On Committee agenda-- Regulatory Affairs Committee, 03/22/13, 8:30 am, 404 HOB |
| 3/22/2013 | House |
• CS by- Regulatory Affairs Committee; YEAS 18 NAYS 0 -HJ 356 |
| 3/26/2013 | House |
• Pending review of CS -under Rule 7.19(c) |
| 3/27/2013 | House |
• Placed on Calendar -HJ 356 • CS by Regulatory Affairs Committee read 1st time -HJ 354 |
| 4/22/2013 | House |
• Placed on Special Order Calendar, 04/24/13 |
| 4/24/2013 | House |
• Read 2nd time -HJ 766 • Amendment(s) adopted (232465, 566523) -HJ 767 • Placed on 3rd reading |
| 4/25/2013 | House |
• Read 3rd time -HJ 835 • CS passed as amended; YEAS 116 NAYS 0 -HJ 835 |
| 4/25/2013 | Senate |
• In Messages • Referred to Judiciary; Regulated Industries -SJ 671 • Received -SJ 672 |
| 5/2/2013 | Senate |
• Withdrawn from Judiciary; Regulated Industries -SJ 1019 • Placed on Calendar, on 2nd reading -SJ 1019 • Substituted for CS/SB 696 -SJ 1019 • Read 2nd time -SJ 1019 • Placed on 3rd reading |
| 5/3/2013 | Senate |
• Read 3rd time -SJ 1055 • CS passed; YEAS 38 NAYS 1 -SJ 1055 |
| 5/3/2013 | House |
• Ordered enrolled -HJ 1470 |
| 6/3/2013 |
• Signed by Officers and presented to Governor |
|
| 6/12/2013 |
• Approved by Governor |
|
| 6/13/2013 |
• Chapter No. 2013-159, companion bill(s) passed, see CS/CS/CS/HB 73 (Ch. 2013-188) |
216325 - Amendment to Amendment (693361)