HB 897: Timeshare Plan Management
GENERAL BILL by Berfield
Timeshare Plan Management ; Revises applicability for provisions governing conflicts of interest between community association managers or community association management firms & certain persons with financial interest in such associations; provides construction; removes provision requiring managing entities that perform community association management to comply with certain provisions related to community association management firms; requires timeshare management firms & individuals employed by timeshare management firms to discharge their duties in good faith; exempts such firms & individuals from liability for monetary damages; requires board of administration of timeshare condominium to meet once per year; provides exception; requires disclosure of certain information annually to certain persons if timeshare management firm or owners' association provides goods & services through arrangements with specified entities.
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Bill History
Date Chamber Action 2/21/2025 House • Filed
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HB 897, Original Filed Version (Current Bill Version) Posted 2/21/2025 at 4:33 PM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 496 Timeshare Management Firms McClain Identical Last Action: 2/20/2025 S Referred to Regulated Industries; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy Citations - Statutes (5)
Citation Catchline Location in Bill Location In Bill Help 468.4334 Professional practice standards; liability; community association manager requirements; return of records after termination of contract. Page 2 (pdf) 468.4335 Conflicts of interest. Page 4 (pdf) 468.438 Timeshare management firms. Page 4 (pdf) 721.13 Management. Page 4 (pdf) 721.14 Discharge of managing entity. Page 8 (pdf)