Timeshare Transparency Act
- Bill Number
- H.R. 9255
- Origin Chamber
- House
- Congress
- 119th Congress, Session 2
- Policy Area
- Commerce
- Status
- Introduced
- Latest Action
- 2026-06-10: Referred to the House Committee on Energy and Commerce.
- Last Updated
- 2026-07-01T15:18:21Z
AI-Generated Summary
Purpose The Timeshare Transparency Act aims to increase transparency in timeshare sales by requiring clear disclosure of costs, fees, exit options, and a cooling-off period before buyers finalize agreements.
Key Provisions
- It is unlawful for a timeshare company to sell a timeshare unless the contract is a single document that lists all acquisition and maintenance costs, explains changeable fees and required notices, details ways to end ownership, and includes a 14-day period allowing buyers to cancel without penalty.
- Buyers must receive time to review all related documents on their own, without oversight from the seller's employees, before signing.
- The Federal Trade Commission (FTC) enforces these rules as unfair or deceptive practices, with authority to issue regulations.
- The requirements apply to agreements signed 90 days or more after the law takes effect.
- States may adopt or keep stronger consumer protections.
Significant Changes to Existing Law This bill introduces new nationwide federal standards for timeshare sales disclosures and buyer review rights. It does not replace existing state laws but sets a baseline that states can exceed.
Potential Impacts
- Government agencies: The FTC gains enforcement and rulemaking responsibilities for timeshare transactions.
- Citizens: Buyers gain clearer information on total costs and cancellation rights, potentially reducing surprises with fees or ownership obligations.
- International relations: No direct effects identified.
Main Stakeholders Affected
- Timeshare buyers and consumers.
- Timeshare companies and sellers.
- The Federal Trade Commission.
- State consumer protection agencies.
Notable Legal, Constitutional, or Political Implications The bill creates a federal consumer protection standard enforced by the FTC under existing authority from the Federal Trade Commission Act. It explicitly preserves state authority to impose stricter rules, avoiding preemption issues. No constitutional concerns are raised in the text.
This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.
Sponsor
Rep. Thompson, Glenn [R-PA-15]
Cosponsors (4)
Rep. Castor, Kathy [D-FL-14], Rep. Bynum, Janelle S. [D-OR-5], Rep. Rose, John W. [R-TN-6], Rep. Tonko, Paul [D-NY-20]
Recent Actions
- 2026-06-10: Referred to the House Committee on Energy and Commerce.
- 2026-06-10: Introduced in House
- 2026-06-10: Introduced in House
Bill Versions
- Timeshare Transparency Act — issued 2026-06-10 — PDF (5 pages)