VA SB1222 | 2023 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 23 2023 - 100% progression
Action: 2023-03-23 - Governor: Acts of Assembly Chapter text (CHAP0388)
Text: Latest bill text (Chaptered) [HTML]

Summary

Common interest communities; Resale Disclosure Act. Establishes the Resale Disclosure Act, which sets out disclosure requirements and authorized fees relating to contracts for the resale of property located within common interest communities and provides for the issuance of resale certificates or financial updates. The bill repeals the existing disclosure requirements and authorized fees relating to association disclosure packets under the Property Owners' Association Act and resale certificates under the Virginia Condominium Act. The bill requires a seller to obtain a resale certificate and provide the certificate to the purchaser. The bill does not apply to contracts ratified prior to July 1, 2023.

Tracking Information

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Title

Resale Disclosure Act; established.

Sponsors


Roll Calls

2023-02-23 - Senate - Senate: House substitute agreed to by Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2023-02-22 - House - House: VOTE: Passage (98-Y 0-N) (Y: 98 N: 0 NV: 0 Abs: 2) [PASS]
2023-02-14 - House - House: Reported from General Laws with amendment(s) (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2023-01-31 - Senate - Senate: Read third time and passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2023-01-27 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2023-01-25 - Senate - Senate: Reported from General Laws and Technology with substitute (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2023-03-23 Governor: Acts of Assembly Chapter text (CHAP0388)
2023-03-23 Governor: Approved by Governor-Chapter 388 (effective 7/1/23)
2023-03-13 Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023
2023-03-13SenateEnrolled Bill Communicated to Governor on March 13, 2023
2023-03-08HouseSigned by Speaker
2023-03-08SenateSigned by President
2023-03-07SenateBill text as passed Senate and House (SB1222ER)
2023-03-07SenateEnrolled
2023-02-23SenateTitle replaced 23107251D-H1
2023-02-23SenateHouse substitute agreed to by Senate (40-Y 0-N)
2023-02-22HouseVOTE: Passage (98-Y 0-N)
2023-02-22HousePassed House with substitute (98-Y 0-N)
2023-02-22HouseEngrossed by House - floor substitute SB1222H1
2023-02-22HouseSubstitute by Delegate Wampler agreed to 23107251D-H1
2023-02-22HouseCommittee on General Laws amendments rejected
2023-02-22HouseRead third time
2023-02-22HouseFloor substitute printed 23107251D-H1 (Wampler)
2023-02-21HousePassed by for the day
2023-02-20HousePassed by for the day
2023-02-16HouseRead second time
2023-02-14HouseReported from General Laws with amendment(s) (22-Y 0-N)
2023-02-10HouseReferred to Committee on General Laws
2023-02-10HouseRead first time
2023-02-10HousePlaced on Calendar
2023-01-31SenateRead third time and passed Senate (39-Y 0-N)
2023-01-30SenateEngrossed by Senate - committee substitute SB1222S1
2023-01-30SenateCommittee substitute agreed to 23105092D-S1
2023-01-30SenateReading of substitute waived
2023-01-30SenateRead second time
2023-01-27SenateConstitutional reading dispensed (40-Y 0-N)
2023-01-25SenateCommittee substitute printed 23105092D-S1
2023-01-25SenateReported from General Laws and Technology with substitute (14-Y 0-N)
2023-01-10SenateReferred to Committee on General Laws and Technology
2023-01-10SenatePrefiled and ordered printed; offered 01/11/23 23104188D

Same As/Similar To

HB2235 (Same As) 2023-03-23 - Governor: Acts of Assembly Chapter text (CHAP0387)
HB2235 (Same As) 2023-03-23 - Governor: Acts of Assembly Chapter text (CHAP0387)

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
5412130(n/a)See Bill Text
5412345.1(n/a)See Bill Text
5412349(n/a)See Bill Text
5412352(n/a)See Bill Text
5511800(n/a)See Bill Text
5511802(n/a)See Bill Text
5511805(n/a)See Bill Text
5511808(n/a)See Bill Text
5511814(n/a)See Bill Text
5511816(n/a)See Bill Text
5511820(n/a)See Bill Text
5511820.1(n/a)See Bill Text
5511822(n/a)See Bill Text
5511823(n/a)See Bill Text
5511904(n/a)See Bill Text
5511937(n/a)See Bill Text
5511951(n/a)See Bill Text
5511951.1(n/a)See Bill Text
5511972(n/a)See Bill Text
5511990(n/a)See Bill Text
5511995(n/a)See Bill Text
5512307(n/a)See Bill Text
5512317(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?231+sum+SB1222
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+SB1222+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+SB1222S1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+SB1222H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+SB1222ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+CHAP0388+hil
Amendmenthttps://committees.lis.virginia.gov/pdfs/drafts/23105092D.pdf
Amendmenthttps://lis.virginia.gov/cgi-bin/legp604.exe?231+amd+SB1222AH
Amendmenthttps://lis.virginia.gov/cgi-bin/legp604.exe?231+amd+SB1222AHR
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?231+oth+SB1222F122+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?231+oth+SB1222FS1122+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?231+oth+SB1222FH1122+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?231+oth+SB1222FER122+PDF
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+S12V0074+SB1222
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+SV0133SB1222+SB1222
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+SV0155SB1222+SB1222
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+H11V0152+SB1222
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+HV2186+SB1222
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+SV0835SB1222+SB1222

Bill Comments

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