Florida Senate - 2023                        COMMITTEE AMENDMENT
       Bill No. CS for SB 782
       
       
       
       
       
       
                                Ì504454'Î504454                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  04/26/2023           .                                
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       The Committee on Fiscal Policy (Hooper) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 169 and 170
    4  insert:
    5         Section 8. Paragraph (e) of subsection (7) of section
    6  553.73, Florida Statutes, is amended to read:
    7         553.73 Florida Building Code.—
    8         (7)
    9         (e) A rule updating the Florida Building Code in accordance
   10  with this subsection shall take effect no sooner than 6 months
   11  after publication of the updated code. Any amendment to the
   12  Florida Building Code which is adopted upon a finding by the
   13  commission that the amendment is necessary to protect the public
   14  from immediate threat of harm takes effect immediately. If
   15  energy code compliance software is not approved by the
   16  commission at least 3 months before the effective date of the
   17  updated Florida Building Code, the commission may delay the
   18  effective date of the energy provisions of the Florida Building
   19  Code for up to 3 additional months.
   20         Section 9. Subsection (1) of section 565.04, Florida
   21  Statutes, is amended to read:
   22         565.04 Package store restrictions.—
   23         (1) Vendors licensed under s. 565.02(1)(a) shall not in
   24  said place of business sell, offer, or expose for sale any
   25  merchandise other than such beverages, and such places of
   26  business shall be devoted exclusively to such sales; provided,
   27  however, that such vendors shall be permitted to sell bitters,
   28  grenadine, nonalcoholic mixer-type beverages (not to include
   29  fruit juices produced outside this state), fruit juices produced
   30  in this state, home bar, and party supplies and equipment
   31  (including but not limited to glassware and party-type foods),
   32  miniatures of no alcoholic content, nicotine products, and
   33  tobacco products. Such places of business shall have no openings
   34  permitting direct access to any other building or room, except
   35  to a private office or storage room of the place of business
   36  from which patrons are excluded.
   37         Section 10. Section 721.075, Florida Statutes, is amended
   38  to read:
   39         721.075 Incidental benefits.—Incidental benefits shall be
   40  offered only as provided in this section.
   41         (1) Accommodations, facilities, products, services,
   42  discounts, or other benefits which satisfy the requirements of
   43  this subsection are shall be subject to the provisions of this
   44  section and exempt from the other provisions of this chapter
   45  which would otherwise apply to such accommodations or facilities
   46  if and only if:
   47         (a) The use of or participation in the incidental benefit
   48  by the prospective purchaser is completely voluntary, and
   49  payment of any fee or other cost associated with the incidental
   50  benefit is required only upon such use or participation.
   51         (b) The No costs of acquisition, operation, maintenance, or
   52  repair of the incidental benefit may not be are passed on to
   53  purchasers of the timeshare plan as common expenses of the
   54  timeshare plan or as common expenses of a component site of a
   55  multisite timeshare plan.
   56         (c) The continued availability of the incidental benefit is
   57  not necessary in order for any accommodation or facility of the
   58  timeshare plan to be available for use by purchasers of the
   59  timeshare plan in a manner consistent in all material respects
   60  with the manner portrayed by any promotional material,
   61  advertising, or purchaser public offering statement.
   62         (d) The continued availability to purchasers of timeshare
   63  plan accommodations on no greater than a one-to-one use right to
   64  use night requirement ratio is not dependent upon continued
   65  availability of the incidental benefit.
   66         (e) The incidental benefit will continue to be available in
   67  the manner represented to prospective purchasers for up to 3
   68  years or less after the first date that the timeshare plan is
   69  available for use by the purchaser. Nothing herein prevents
   70  shall prevent the renewal or extension of the availability of an
   71  incidental benefit.
   72         (f) The aggregate represented value of all incidental
   73  benefits offered by a developer to a purchaser may not exceed 15
   74  percent of the purchase price paid by the purchaser for his or
   75  her timeshare interest.
   76         (g) The incidental benefit is filed with the division for
   77  review in conjunction with the filing of a timeshare plan or in
   78  connection with a previously filed timeshare plan.
   79         (2) Each purchaser shall execute a separate acknowledgment
   80  and disclosure statement with respect to all incidental
   81  benefits, which statement must shall include the following
   82  information:
   83         (a) A fair description of the incidental benefit,
   84  including, but not limited to, any user fees or costs associated
   85  therewith and any restrictions upon use or availability.
   86         (b) A statement that use of or participation in the
   87  incidental benefit by the prospective purchaser is completely
   88  voluntary, and that payment of any fee or other cost associated
   89  with the incidental benefit is required only upon such use or
   90  participation.
   91         (c) A statement that the incidental benefit is not
   92  assignable or otherwise transferable by the prospective
   93  purchaser or purchaser without the approval of the provider of
   94  the incidental benefit.
   95         (d) The following disclosure in conspicuous type
   96  immediately above the space for the purchaser’s signature:
   97  
   98         The incidental benefit[s] described in this statement is
   99  [are] offered to prospective purchasers of the timeshare plan
  100  [or other permitted reference under pursuant to s.
  101  721.11(5)(a)]. This [These] benefit[s] is [are] available for
  102  your use for [some period up to 3 years or less] after the first
  103  date that the timeshare plan is available for your use. The
  104  availability of the incidental benefit[s] may or may not be
  105  renewed or extended. You should not purchase an interest in the
  106  timeshare plan in reliance upon the continued availability or
  107  renewal or extension of this [these] benefit[s].
  108         (e)A statement indicating the source of the services,
  109  points, or other products that constitute the incidental
  110  benefit.
  111  
  112  The acknowledgment and disclosure statement for any incidental
  113  benefit shall be filed with the division before prior to use.
  114  Each purchaser must shall receive a copy of his or her executed
  115  acknowledgment and disclosure statement as a document required
  116  to be provided to him or her under pursuant to s. 721.10(1)(b).
  117         (3)(a) In the event that an incidental benefit becomes
  118  unavailable to purchasers in the manner represented by the
  119  developer in the acknowledgment and disclosure statement, the
  120  developer shall pay the purchaser the greater of twice the
  121  verifiable retail value or twice the represented value of the
  122  unavailable incidental benefit in cash within 30 days after of
  123  the date that the unavailability of the incidental benefit was
  124  made known to the developer, unless the developer has reserved a
  125  substitution right under pursuant to paragraph (b) and timely
  126  makes the substitution as required by paragraph (b). The
  127  developer shall promptly notify the division upon learning of
  128  the unavailability of any incidental benefit.
  129         (b) If an incidental benefit becomes unavailable as a
  130  result of events beyond the control of the developer, the
  131  developer may reserve the right to substitute a replacement
  132  incidental benefit of a type, quality, value, and term
  133  reasonably similar to the unavailable incidental benefit. If the
  134  developer reserves the right to substitute, the acknowledgment
  135  and disclosure statement required under pursuant to paragraph
  136  (2)(a) must shall contain the following conspicuous disclosure:
  137  
  138         In the event any incidental benefit described in this
  139  statement becomes unavailable as a result of events beyond the
  140  control of the developer, the developer reserves the right to
  141  substitute a replacement incidental benefit of a type, quality,
  142  value, and term reasonably similar to the unavailable incidental
  143  benefit.
  144  
  145  The substituted incidental benefit must shall be made available
  146  delivered to the purchaser within 30 days after the date that
  147  the unavailability of the incidental benefit was made known to
  148  the developer.
  149         (4) All purchaser remedies under pursuant to s. 721.21 are
  150  shall be available for any violation of the provisions of this
  151  section.
  152         Section 11. Present subsections (2) and (3) of section
  153  721.10, Florida Statutes, are redesignated as subsections (3)
  154  and (4), respectively, a new subsection (2) is added to that
  155  section, and subsection (1) of that section is amended, to read:
  156         721.10 Cancellation.—
  157         (1) A purchaser has the right to cancel the contract until
  158  midnight on of the 10th calendar day after the later of
  159  following whichever of the following days occurs later:
  160         (a) The execution date of the contract; or
  161         (b) The day on which the purchaser received the last of all
  162  documents required to be provided to him or her, including the
  163  notice required by s. 721.07(2)(d)2., if applicable.
  164         (2) This right of cancellation may not be waived by any
  165  purchaser or by any other person on behalf of the purchaser, and
  166  any attempt to obtain a waiver of the cancellation right of the
  167  purchaser is unlawful. If a purchaser waives, knowingly or
  168  unknowingly, his or her right of cancellation and a closing
  169  occurs, such closing is voidable at the option of the purchaser
  170  for up to 1 year after the date that would have been the
  171  expiration of the cancellation period under subsection (1).
  172  Furthermore, a no closing may not occur until the cancellation
  173  period of the timeshare purchaser has expired, and if a closing
  174  occurs before the expiration of the cancellation period,. Any
  175  attempt to obtain a waiver of the cancellation right of the
  176  timeshare purchaser, or to hold a closing prior to the
  177  expiration of the cancellation period, is unlawful and such
  178  closing is voidable at the option of the purchaser for up to 5
  179  years after such closing a period of 1 year after the expiration
  180  of the cancellation period. However, nothing in this section
  181  precludes the execution of documents in advance of closing for
  182  delivery after expiration of the cancellation period.
  183         Section 12. Paragraphs (b) and (e) of subsection (6) of
  184  section 721.11, Florida Statutes, are amended to read:
  185         721.11 Advertising materials; oral statements.—
  186         (6) Failure to provide cancellation rights or disclosures
  187  as required by this subsection in connection with the sale of a
  188  regulated short-term product constitutes misrepresentation in
  189  accordance with paragraph (4)(a). Any agreement relating to the
  190  sale of a regulated short-term product must be regulated as
  191  advertising material and is subject to the following:
  192         (b) A purchaser of a regulated short-term product has the
  193  right to cancel the agreement until midnight of the 10th
  194  calendar day following the execution date of the agreement. The
  195  right of cancellation may not be waived by the prospective
  196  purchaser or by any other person on behalf of the prospective
  197  purchaser. Notice of cancellation must be given in the same
  198  manner prescribed for giving notice of cancellation under s.
  199  721.10(3) s. 721.10(2). If the prospective purchaser gives a
  200  valid notice of cancellation or is otherwise entitled to cancel
  201  the sale, the funds or other property received from or on behalf
  202  of the prospective purchaser, or the proceeds thereof, must be
  203  returned to the prospective purchaser. Such refund must be made
  204  in the same manner prescribed for refunds under s. 721.10.
  205         (e) If the seller provides the purchaser with the right to
  206  cancel the purchase of a regulated short-term product at any
  207  time up to 7 days prior to the purchaser’s reserved use of the
  208  accommodations, but in no event less than 10 days, and if the
  209  seller refunds the total amount of all payments made by the
  210  purchaser reduced by the proportion of any benefits the
  211  purchaser has actually received prior to the effective date of
  212  the cancellation, the specific value of which has been agreed to
  213  between the purchaser and the seller, the short-term product
  214  offer shall be exempt from the requirements of paragraphs (b),
  215  (c), and (d). An agreement relating to the sale of the regulated
  216  short-term product made pursuant to this paragraph must contain
  217  a statement setting forth the cancellation and refund rights of
  218  the prospective purchaser in a manner that is consistent with
  219  this section and s. 721.10, including a description of the
  220  length of the cancellation right, a statement that the
  221  purchaser’s intent to cancel must be in writing and sent to the
  222  seller at a specified address, a statement that the notice of
  223  cancellation is effective upon the date sent, and a statement
  224  that any attempt to waive the cancellation right is unlawful.
  225  The right of cancellation provided to the purchaser pursuant to
  226  this paragraph may not be waived by the prospective purchaser or
  227  by any other person on behalf of the prospective purchaser.
  228  Notice of cancellation must be given in the same manner
  229  prescribed for giving notice of cancellation pursuant to s.
  230  721.10(3) s. 721.10(2). If the prospective purchaser gives a
  231  valid notice of cancellation, or is otherwise entitled to cancel
  232  the sale, the funds or other property received from or on behalf
  233  of the prospective purchaser, or the proceeds thereof, shall be
  234  returned to the prospective purchaser. Such refund shall be made
  235  in the manner prescribed for refunds under s. 721.10.
  236         Section 13. Paragraph (l) of subsection (4) and paragraph
  237  (l) of subsection (7) of section 721.55, Florida Statutes, are
  238  amended to read:
  239         721.55 Multisite timeshare plan public offering statement.
  240  Each filed public offering statement for a multisite timeshare
  241  plan shall contain the information required by this section and
  242  shall comply with the provisions of s. 721.07, except as
  243  otherwise provided therein. The division is authorized to
  244  provide by rule the method by which a developer must provide
  245  such information to the division. Each multisite timeshare plan
  246  filed public offering statement shall contain the following
  247  information and disclosures:
  248         (4) A text, which shall include, where applicable, the
  249  information and disclosures set forth in paragraphs (a)-(l).
  250         (l) A description of each component site, which description
  251  may be disclosed in a written, graphic, tabular, or other form
  252  approved by the division or provided to the purchaser
  253  electronically, including, but not limited to, through a website
  254  or other Internet-based access. The description of each
  255  component site must shall include all of the following
  256  information:
  257         1. The name and address of each component site.
  258         2. The number of accommodations, timeshare interests, and
  259  timeshare periods, expressed in periods of 7-day use
  260  availability, committed to the multisite timeshare plan and
  261  available for use by purchasers.
  262         3. Each type of accommodation in terms of the number of
  263  bedrooms, bathrooms, sleeping capacity, and whether or not the
  264  accommodation contains a full kitchen. As used in For purposes
  265  of this subparagraph description, the term “full kitchen” means
  266  a full kitchen shall mean a kitchen with at least having a
  267  minimum of a dishwasher, range, sink, oven, and refrigerator.
  268         4. A description of facilities available for use by the
  269  purchaser at each component site, including the following:
  270         a. The intended use of the facility, if not apparent from
  271  the description.
  272         b. Any user fees associated with a purchaser’s use of the
  273  facility.
  274         5. A cross-reference to the location in the public offering
  275  statement of the description of any priority reservation
  276  features which may affect a purchaser’s ability to obtain a
  277  reservation in the component site.
  278         (7) The following documents shall be included as exhibits
  279  to the filed public offering statement, if applicable:
  280         (l)1. If the multisite timeshare plan contains any
  281  component sites located in this state, the information required
  282  by s. 721.07(5) pertaining to each such component site, unless
  283  exempt under pursuant to s. 721.03.
  284         2. If the purchaser will receive an interest in a specific
  285  multisite timeshare plan component site located outside of this
  286  state but which is offered in this state, the information
  287  required by s. 721.07(5) pertaining to that component site.,
  288  provided, However, for purposes of this paragraph, that the
  289  provisions of s. 721.07(5)(t) shall only requires require
  290  disclosure of information related to the estimated budget for
  291  the timeshare plan and purchaser’s expenses as required by the
  292  jurisdiction in which the component site is located.
  293  
  294  A developer is not required to file a separate public offering
  295  statement for any component site located within or outside the
  296  state in order to include the component site in the multisite
  297  timeshare plan.
  298  
  299  ================= T I T L E  A M E N D M E N T ================
  300  And the title is amended as follows:
  301         Delete line 34
  302  and insert:
  303         difference in participant weights; amending s. 553.73,
  304         F.S.; authorizing the Florida Building Commission to
  305         delay the effective date of the energy provisions of
  306         the Florida Building Code for a specified timeframe
  307         under certain circumstances; amending s. 565.04, F.S.;
  308         authorizing package stores to sell nicotine products;
  309         amending s. 721.075, F.S.; revising requirements for
  310         certain incidental benefits related to timeshare
  311         plans; amending s. 721.10, F.S.; revising requirements
  312         for certain contract cancellations; amending s.
  313         721.11, F.S.; conforming cross-references; amending s.
  314         721.55, F.S.; revising disclosure requirements for
  315         multisite timeshare plan public offering statements;
  316         providing that developers are not required to file
  317         separate public offering statements for component
  318         sites under certain circumstances; providing an