,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #ibee  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,june #aj1 #bjbf,mr4  
,?ompson ( ,p5nsylvania 7= himself &    
,ms4 ,ca/or ( ,florida7 introduc$ !     
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,en]gy & ,comm]ce  ,a     
,,bill  ,to e/abli% requirem5ts )       
respect to ! sale ( time%>es to improve 
acquisition transp>5cy1 & = o!r         
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,time%>e ,transp>5cy ,act4 
#b4 ,time%>e acquisition transp>5cy  7a7
 ,9 g5]al ,x %all be unlawful = a       
time%>e company to ent] into a time%>e  
agreem5t ) an individual = ! sale ( a   
time%>e unless--  7#a7 su* agreem5t     
incorporates-- 7,a7 9 a s+le docum5t1 an
 itemiz$ specification ( all ! co/s     
requir$ to acquire & ma9ta9 own]%ip ( ! 
time%>e1 includ+ ongo+ fees2  7,b7 a    
specification ( ea* fee t may be alt]$  
by ! time%>e company & an explanation ( 
! notice1 includ+ ! tim+ ( su* notice1 t
 w be provid$ to ! individual ) respect 

to an alt]ation ( ea* su* fee2  7,c7 a  
specification ( ea* option available to 
! individual = end+ own]%ip ( ! time%>e2
 &  7,d7 a provision /at+ t ! individual
 may t]m9ate ! agreem5t1 )\t p5alty1    
dur+ ! #ad-;day p]iod beg9n+ on ! date  
on :i* su* individual ent]s into su*    
agreem5t2 &  7#b7 ! individual1 prior to
 ent]+ into ! agreem5t & free f !       
sup]vision ( an employee ( ! time%>e    
company1 is provid$ an opportunity to   
review all docum5ts associat$ ) !       
agreem5t1 includ+ docum5ts conta9+ !    
specifications & provisions describ$ 9  
p>agraph 7#a74  7b7 ,en=cem5t by ,f$]al 
,trade ,commission  7#a7 ,unfair or     
deceptive acts or practice ,a violation 
( subsection 7a7 or a regulation        
promulgat$ !reund] %all be treat$ z a   
violation ( a rule def9+ an unfair or   
deceptive act or practice "u section    
#ah7;a77#a77;,b7 ( ! ,f$]al ,trade      
,commission ,act 7#ae ,u4,s4,c4         
#eg;a7a77#a77;,b774  7#b7 ,p[]s ( !     
,commission  7,a7 ,9 g5]al ,!           

,commission %all en=ce ?is section 9 !  
same mann]1 by ! same means1 & ) ! same 
jurisdiction1 p[]s1 & duties z ?\gh all 
applicable t]ms & provisions ( ! ,f$]al 
,trade ,commission ,act 7#ae ,u4,s4,c4  
#da et seq47 7 incorporat$ into & made a
 "p ( ?is section4  7,b7 ,privileges &  
immunities ,any p]son :o violates       
subsection 7a7 or a regulation          
promulgat$ !reund] %all be subject to ! 
p5alties & entitl$ to ! privileges &    
immunities provid$ 9 ! ,f$]al ,trade    
,commission ,act 7#ae ,u4,s4,c4 #da et  
seq474  7,c7 ,au?ority pres]v$ ,no?+ 9  
?is section %all be con/ru$ to limit !  
au?ority ( ! ,commission "u any o!r     
provision ( law4  7#c7 ,rulemak+ ,!     
,commission %all promulgate 9 accordance
 ) section #eec ( title #e1 ,unit$      
,/ates ,code1 su* rules z may be        
necess>y to c>ry out ?is section4  7c7  
,applicability ,subsection 7a7 %all     
apply to agreem5ts ent]$ into on or aft]
 ! date t is #ij days aft] ! date ( !   
enactm5t ( ?is ,act4  7d7 ,rule (       

con/ruction ,no?+ 9 ?is section may be  
int]pret$ to preclude a ,/ate f impos+  
or en=c+ any requirem5t relat+ to ! sale
 ( a time%>e t provides great]          
protection to consum]s ?an ! protection 
provid$ by ! requirem5ts ( ?is section4 
7e7 ,def9itions ,9 ?is section3  7#a7   
,commission ,! t]m ,commission means !  
,f$]al ,trade ,commission4  7#b7        
,time%>e ,! t]m time%>e means an int]e/ 
pur*as$ 9 any arrangem5t1 plan1 s*eme1  
or simil> device 7n includ+ any ex*ange 
program71 :e!r by memb]%ip1 agreem5t1   
t5ancy 9 common1 sale1 lease1 de$1 r5tal
 agreem5t1 lic5se1 "r to use agreem5t1  
or by any o!r means1 :]eby a pur*as]1 9 
ex*ange = consid]ation1 receives a "r to
 use accommodations1 facilities1 or     
recreational sites1 :e!r improv$ or     
unimprov$1 = a specific p]iod ( "t less 
?an #a full ye> dur+ any giv5 ye>1 b n  
necess>ily = consecutive ye>s1 & :i*    
ext5ds = a p]iod ( m ?an #c ye>s4  7#c7 
,time%>e company ,! t]m time%>e company 
means any p]son t sells1 (f]s1 arranges1

 or o!rwise engages 9 ! bus9ess (       
provid+ a time%>e to a consum]1 directly
 or indirectly1 = monet>y consid]ation4