---
type: "Bill"
title: "Virginia Real Estate Time-Share Act; partial termination of certain time-shares."
description: "Virginia Real Estate Time-Share Act; partial termination of certain time-shares. Allows for the partial termination of a time-share project by a developer or an association and provides the procedures for any such partial termination. The bill also sets a one-year statute of limitations on any legal challenge or action for damages or equitable relief arising out of any termination of a time-share project in accordance with the provisions of the Virginia Real Estate Time-Share Act. The bill's provisions are declared to be effective retroactive in accordance with certain provisions of the Virginia Real Estate Time-Share Act. This bill is identical to HB 1241."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2024"
identifier: "SB 600"
citation: "Virginia SB 600 (2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Mark D. Obenshain"]
version_count: 4
action_count: 31
vote_count: 6
first_action: "2024-01-10"
last_action: "2024-04-05"
source: "openstates"
source_identifier: "ocd-bill/d033def4-85fa-4d96-ac55-fcce43964661"
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB600"
source_hash: "8ca8c9c50aa270e79f8342e1d081cbe1dc5e099d10d7fbe79a32d08001f63b54"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-va"]
---

# Virginia SB 600 (2024) — Virginia Real Estate Time-Share Act; partial termination of certain time-shares.

Virginia Real Estate Time-Share Act; partial termination of certain time-shares. Allows for the partial termination of a time-share project by a developer or an association and provides the procedures for any such partial termination. The bill also sets a one-year statute of limitations on any legal challenge or action for damages or equitable relief arising out of any termination of a time-share project in accordance with the provisions of the Virginia Real Estate Time-Share Act. The bill's provisions are declared to be effective retroactive in accordance with certain provisions of the Virginia Real Estate Time-Share Act. This bill is identical to HB 1241.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **CHAP0602** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+CHAP0602)
2. **Prefiled and ordered printed; offered 01/10/24 24102409D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB600)
3. **Printed as engrossed 24102409D-E** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB600E)
4. **SB600ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB600ER)

## Votes

- Reported from General Laws and Technology with amendments (15-Y 0-N) — **15–0** (pass) · upper
- VOTE: Block Vote Passage (98-Y 0-N) — **97–0** (pass) · lower
- Reported from General Laws (21-Y 0-N) — **21–0** (pass) · lower
- Passed Senate (40-Y 0-N) — **40–0** (pass) · upper
- Constitutional reading dispensed (40-Y 0-N) — **40–0** (pass) · upper
- Constitutional reading dispensed (40-Y 0-N) — **40–0** (pass) · upper

## Sponsors

- Mark D. Obenshain — primary (person)
- R. Creigh Deeds — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-01-10** Prefiled and ordered printed; offered 01/10/24 24102409D `filing, introduction`
- **2024-01-10** Referred to Committee on General Laws and Technology `referral-committee`
- **2024-01-22** Impact statement from DPB (SB600)
- **2024-02-07** Senate committee, floor amendments and substitutes offered
- **2024-02-07** Reported from General Laws and Technology with amendments (15-Y 0-N) `committee-passage`
- **2024-02-08** Constitutional reading dispensed (40-Y 0-N)
- **2024-02-09** Read second time `reading-2`
- **2024-02-09** Reading of amendments waived
- **2024-02-09** Committee amendments agreed to `amendment-passage`
- **2024-02-09** Engrossed by Senate as amended SB600E
- **2024-02-09** Printed as engrossed 24102409D-E
- **2024-02-09** Constitutional reading dispensed (40-Y 0-N)
- **2024-02-09** Passed Senate (40-Y 0-N) `passage`
- **2024-02-12** Impact statement from DPB (SB600E)
- **2024-02-15** Placed on Calendar
- **2024-02-15** Read first time `reading-1`
- **2024-02-15** Referred to Committee on General Laws `referral-committee`
- **2024-02-20** Reported from General Laws (21-Y 0-N) `committee-passage`
- **2024-02-22** Read second time `reading-2`
- **2024-02-23** Read third time `reading-3`
- **2024-02-23** Passed House BLOCK VOTE (98-Y 0-N) `passage`
- **2024-02-23** VOTE: Block Vote Passage (98-Y 0-N) `passage`
- **2024-02-28** Enrolled `enrolled`
- **2024-02-28** Bill text as passed Senate and House (SB600ER) `passage`
- **2024-02-28** Impact statement from DPB (SB600ER)
- **2024-02-28** Signed by Speaker `passage`
- **2024-03-02** Signed by President `passage`
- **2024-03-11** Enrolled Bill Communicated to Governor on March 11, 2024 `enrolled`
- **2024-03-11** Governor's Action Deadline 11:59 p.m., April 8, 2024 `executive-receipt`
- **2024-04-05** Approved by Governor-Chapter 602 (effective - see bill) `executive-signature`
- **2024-04-05** Acts of Assembly Chapter text (CHAP0602)

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d033def4-85fa-4d96-ac55-fcce43964661`. Confidence: reported (aggregated from official Virginia legislature records).