CS/HB 7025 (2013) -  Timeshares

General Bill by Regulatory Affairs Committee and Business & Professional Regulation Subcommittee and 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.
Effective Date: July 1, 2013
Last Event: Chapter No. 2013-159; companion bill(s) passed, see CS/CS/CS/HB 73 (Ch. 2013-188) on Thursday, June 13, 2013 9:09 AM
Date Available for Final Passage: Friday, April 26, 2013 1:35 PM

PCB committee actions:

  • PCB BPRS 13-02 recommended by:
    Business & Professional Regulation Subcommittee

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/CS/HB 73 Subject: Residential Properties Relationship: Compare
Bill #: CS/CS/CS/SB 436 Subject: Residential Properties Relationship: Compare
Bill #: CS/SB 696 Subject: Timeshares Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 6/13/2013 10:47:44 AM
Chamber: House Committee: Final Bill Analysis 5/14/2013 4:30:39 PM
Chamber: House Committee: Regulatory Affairs Committee 3/25/2013 7:48:15 PM
Chamber: House Committee: Regulatory Affairs Committee 3/21/2013 7:48:58 AM
Chamber: House Committee: Civil Justice Subcommittee 3/13/2013 9:23:33 PM
Chamber: House Committee: Civil Justice Subcommittee 3/11/2013 6:29:42 PM
Chamber: House Committee: Business & Professional Regulation Subcommittee 2/20/2013 4:42:02 PM
Chamber: House Committee: Business & Professional Regulation Subcommittee 2/18/2013 5:35:43 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 04/25/2013 09:51 AM   Yeas: 116 Nays: 0 Action: Passage Action 2: Vote Detail: Vote [Seq# 262] Barcode:
Chamber: Senate Date: 05/03/2013 10:31 AM   Yeas: 38 Nays: 1 Action: Action 2: Vote Detail: Vote [Seq# 5] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2013-159; companion bill(s) passed, see CS/CS/CS/HB 73 (Ch. 2013-188) Time: 06/13/2013 - 9:09 AM Member: Committee: Version: er
Event: Approved by Governor Time: 06/12/2013 - 6:19 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/03/2013 - 12:48 PM Member: Committee: Version: er
Event: H Ordered enrolled Time: 05/03/2013 - 11:23 AM Member: Committee: Version: e1
Event: H In Messages Time: 05/03/2013 - 11:23 AM Member: Committee: Version: e1
Event: S CS passed; YEAS 38 NAYS 1 -SJ 1055 Time: 05/03/2013 - 10:31 AM Member: Committee: Version: e1
Event: S Read 3rd time -SJ 1055 Time: 05/03/2013 - 10:30 AM Member: Committee: Version: e1
Event: S Placed on 3rd reading Time: 05/02/2013 - 2:30 PM Member: Committee: Version: e1
Event: S Read 2nd time -SJ 1019 Time: 05/02/2013 - 2:30 PM Member: Committee: Version: e1
Event: S Substituted for CS/SB 696 -SJ 1019 Time: 05/02/2013 - 2:29 PM Member: Committee: Version: e1
Event: S Placed on Calendar, on 2nd reading -SJ 1019 Time: 05/02/2013 - 2:29 PM Member: Committee: Version: e1
Event: S Withdrawn from Judiciary; Regulated Industries -SJ 1019 Time: 05/02/2013 - 2:29 PM Member: Committee: Version: e1
Event: S Received -SJ 672 Time: 04/25/2013 - 8:15 PM Member: Committee: Version: e1
Event: S Referred to Judiciary; Regulated Industries -SJ 671 Time: 04/25/2013 - 7:21 PM Member: Committee: Version: e1
Event: S In Messages Time: 04/25/2013 - 10:31 AM Member: Committee: Version: e1
Event: H Message sent to senate Time: 04/25/2013 - 10:30 AM Member: Committee: Version: e1
Event: H Passage on third reading Time: 04/25/2013 - 9:51 AM Member: Committee: Version: e1
Event: H CS passed as amended; YEAS 116, NAYS 0 Time: 04/25/2013 - 9:50 AM Member: Committee: Version: e1
Event: H Read 3rd time Time: 04/25/2013 - 9:48 AM Member: Committee: Version: e1
Event: H Added to Third Reading Calendar Time: 04/24/2013 - 9:23 PM Member: Committee: Version: e1
Event: H Placed on 3rd reading Time: 04/24/2013 - 1:35 PM Member: Committee: Version: c1
Event: H Amendment 232465 adopted Time: 04/24/2013 - 1:35 PM Member: Committee: Version: c1
Event: H Amendment 566523 adopted Time: 04/24/2013 - 1:35 PM Member: Committee: Version: c1
Event: H Read 2nd time Time: 04/24/2013 - 1:32 PM Member: Committee: Version: c1
Event: H Amendment 232465 filed Time: 04/23/2013 - 1:35 PM Member: Committee: Version: c1
Event: H Amendment 566523 filed Time: 04/23/2013 - 1:00 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/24/2013) Time: 04/22/2013 - 6:21 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 03/27/2013 - 9:03 PM Member: Committee: Version: c1
Event: H 1st Reading Time: 03/27/2013 - 9:03 PM Member: Committee: Version: c1
Event: H Bill referred to House Calendar Time: 03/27/2013 - 2:30 PM Member: Committee: Version: c1
Event: H CS Filed Time: 03/26/2013 - 8:33 AM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 03/26/2013 - 8:33 AM Member: Committee: Version: __
Event: H Reported out of Regulatory Affairs Committee Time: 03/25/2013 - 7:43 PM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Favorable with CS by Regulatory Affairs Committee Time: 03/22/2013 - 10:00 AM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Added to Regulatory Affairs Committee agenda Time: 03/20/2013 - 4:20 PM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Now in Regulatory Affairs Committee Time: 03/13/2013 - 9:25 PM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Reported out of Civil Justice Subcommittee Time: 03/13/2013 - 9:25 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Favorable by Civil Justice Subcommittee Time: 03/13/2013 - 4:00 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Added to Civil Justice Subcommittee agenda Time: 03/11/2013 - 4:18 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H 1st Reading Time: 03/05/2013 - 11:59 PM Member: Committee: Version: __
Event: H Now in Civil Justice Subcommittee Time: 03/04/2013 - 5:58 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Referred to Regulatory Affairs Committee Time: 03/04/2013 - 5:58 PM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Referred to Civil Justice Subcommittee Time: 03/04/2013 - 5:58 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Filed Time: 02/20/2013 - 5:23 PM Member: Committee: Business & Professional Regulation Subcommittee Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
718.112 CS/CS/CS/HB 73, CS/CS/SB 120, CS/CS/HB 175, CS/CS/CS/SB 436, CS/SB 696
721.05 CS/HB 95, CS/SB 102, SB 596, CS/SB 696
721.07 SB 596, CS/SB 696
721.15
721.17
721.82 CS/SB 696
721.84 CS/SB 696
721.855 CS/SB 696
721.856 CS/SB 696