Timeshare Transparency Act
Sponsored By: Representative Thompson, Glenn [R-PA-15]
Introduced
Summary
Clear upfront disclosures and a 14-day penalty-free cancellation right for timeshare buyers. This bill would require a single, itemized contract that lists purchase costs, ongoing fees, fee-change rules, and exit options, and it would give buyers a free, unsupervised review period before signing.
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- Consumers: Would get one document showing all costs and options, a chance to review papers away from sales staff, and a 14-day right to cancel without penalty.
- Timeshare companies: Would have to state which fees can change, explain how and when notice happens, and list ways owners can end ownership.
- Federal Trade Commission: Would enforce violations as unfair or deceptive acts under the FTC Act and write rules under the Administrative Procedure Act to implement the law.
- Scope: Covers timeshares that grant use for less than a full year each year and last more than 3 years, and it excludes exchange programs. It would apply to agreements made 90 days after enactment.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
New protections for timeshare buyers
If enacted, this bill would require timeshare sellers to give buyers one clear document listing all costs to buy and keep a timeshare, including ongoing fees. It would require sellers to say which fees can change and how and when you will be notified. You would get a chance to review all papers away from company staff before signing and a 14-day, penalty-free right to cancel starting on the signing date. These rules would apply to agreements signed 90 days after enactment, and the Federal Trade Commission would write and enforce rules treating violations as unfair or deceptive acts.
Sponsors & CoSponsors
Sponsor
Thompson, Glenn [R-PA-15]
PA • R
Cosponsors
Rep. Castor, Kathy [D-FL-14]
FL • D
Sponsored 6/10/2026
Rep. Bynum, Janelle S. [D-OR-5]
OR • D
Sponsored 6/23/2026
Rep. Rose, John W. [R-TN-6]
TN • R
Sponsored 6/23/2026
Rep. Tonko, Paul [D-NY-20]
NY • D
Sponsored 6/25/2026
Rep. Van Drew, Jefferson [R-NJ-2]
NJ • R
Sponsored 8/31/2026
Rep. Brownley, Julia [D-CA-26]
CA • D
Sponsored 8/31/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov