Honorable John Carona, Chair, Senate Committee on Business & Commerce
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB1372 by Hinojosa (Relating to the powers and duties of timeshare owners' associations.), As Introduced
No fiscal implication to the State is anticipated.
The bill would clarify the powers, limitations, and duties relating to timeshare owners' associations including the period of developer control along with quorum, voting, and open meeting requirements. No fiscal implication to the state or units of local government is anticipated.
Local Government Impact
No fiscal implication to units of local government is anticipated.