Mississippi House Bill 1476 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Moderate Partisan Bill (Republican 4-1)
Status: Failed on February 5 2019 - 100% progression
Action: 2019-02-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

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.

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

Rep. Preston Sullivan [D]	Rep. Donnie Bell [R]	Rep. Bill Pigott [R]	Rep. Gary Staples [R]
Rep. Jody Steverson [R]

Date	Chamber	Action
2019-02-05	House	Died In Committee
2019-01-21	House	Referred To Judiciary A

Type	Source
Summary	https://billstatus.ls.state.ms.us/2019/pdf/history/HB/HB1476.xml
Text	https://billstatus.ls.state.ms.us/documents/2019/html/HB/1400-1499/HB1476IN.htm