Federal legislation

ARDA monitors new federal legislation and rules concerning timesharing, subdivided land, real estate licensing, property management licensing, telemarketing, general marketing and promotion, and taxes (sales, property, and occupancy) affecting its members. Below are some recent federal legislation issues related to timeshare:

EESA Legislation

• Emergency Economic Stabilization Act of 2008
  The President signed H.R. 1424, the Emergency Economic Stabilization Act of 2008 (EESA) into law on October 3, 2008.
  
  
• Real Estate Coalition Letter
  
  
• Industry Letter to Treasury Secretary Paulson
  
  
• Term Asset-Backed Securities Loan Facility (TALF)
  Terms and Conditions

Other Legislation

• SEC Comment Letter on the Proposed Rules Regarding Asset-Backed Securities
  
  
• Travel Promotion Act Passes in the US House of Representatives
  
  
• Industry Letter to US Congress
  
  
• Commercial Stakeholder Statement for House Hearing
  
  
• CQ Congressional Transcript from Senate Hearing on TARP
  
  
• Americans with Disabilities Act (ADA) Comment Letter
  
  
• Real Estate Settlement Procedures Act (RESPA)
  Final Rule Released November 17, 2008
  
  
• RESPA Comment Letter
  
  
• Red Flags Rules
  
  
• Virginia Graeme Baker Pool and Spa Safety Act
  
  
• Industry Letter on the Travel Promotion Act (H.R. 3232 & S. 1661)