H0897 — Timeshare Plan Management

H0897 was filed on February 21, 2025, revising Florida law on timeshare plan management, conflicts of interest, and disclosure requirements for timeshare management firms.

The bill revises conflict-of-interest provisions to apply differently to timeshare management contexts. It removes a requirement that managing entities performing community association management comply with certain provisions applicable to community association management firms. The bill requires timeshare management firms and their employees to discharge duties in good faith and exempts such firms and individuals from liability for monetary damages. It mandates that the board of administration of a timeshare condominium meet at least once per year. The bill requires timeshare management firms or owners' associations to disclose annually, in a specified manner, information about goods and services provided through related entities.

Timeshare management firms, individuals employed by timeshare management firms, boards of administration of timeshare condominiums, and timeshare owners' associations.

Bill status as of June 16, 2025 is Stage 4; the bill was laid on table on April 6, 2025, and was last in Commerce Committee as of April 11, 2025. Effective date cannot be determined from available information.