l9n/ Mississippi

2019 Regular Session

House Bill 1476

Timeshare interests; establish requirements for sellers regarding public offering statement and certain closing documents.

Did not become law. It stopped in the House of Representatives's Judiciary A Committee on February 5, 2019. The 2019 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO CREATE NEW SECTION 75-24-103, MISSISSIPPI CODE OF 1972, TO REQUIRE A SELLER OF A TIMESHARE INTEREST TO PROVIDE TO PROSPECTIVE PURCHASERS WHO ARE RESIDENTS OF MISSISSIPPI A COPY OF THE PROSPECTUS/PUBLIC OFFERING STATEMENT (POS) NO LESS THAN 30 DAYS BEFORE A CLOSING ON A TIMESHARE INTEREST; TO REQUIRE A SELLER AND PURCHASER TO SIGN SEPARATE DOCUMENTS AT A CLOSING RELATING TO THE PURCHASER'S TIMELY RECEIPT OF THE POS, MAINTENANCE AND OTHER FEES THAT MAY BE ASSESSED AGAINST THE PURCHASER IN THE FUTURE, AND THE RESCISSION PROCESS; TO REQUIRE THE OFFICE OF CONSUMER PROTECTION IN THE ATTORNEY GENERAL'S OFFICE TO INVESTIGATE ALLEGED VIOLATIONS OF THIS ACT; TO DECLARE SALES CONTRACTS ENTERED INTO IN VIOLATION OF THIS ACT VOID AB INITIO; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

4 co-sponsors

Donnie Bell, Bill Pigott, Gary V. Staples, Jody Steverson

Its course

January 21 to February 5, 2019, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action2 actions on 2 days

In the House of RepresentativesJan 21 to Feb 5 · stopped15 days

Judiciary AJan 21 to Feb 5 · stopped15 days

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the House of Representatives Jan 21 – Feb 5

  1. Jan 21Referred to the House committee on Judiciary A
  2. Feb 5Died in committee in the House
All 2 actions, as published
  1. Jan 21Referred To Judiciary AHouse of Representatives
  2. Feb 5Died In CommitteeHouse of Representatives