Congress·In Committee·S. 3502

Timeshare Transparency Act

Sens. Curtis and Schiff Introduce Bipartisan Timeshare Transparency Act to Protect Buyers

3 months ago·View on Congress.gov·Read full text

The Timeshare Transparency Act is currently in the early stages of the legislative process after being introduced in the Senate. It has been sent to the Committee on Commerce, Science, and Transportation for review, where it is waiting for further action. The bill is considered active as it moves through the initial committee phase.

Legislative Progress

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Law

Key Points

Timeshare companies must provide buyers with a single document listing every cost of ownership, including the purchase price and all ongoing fees. This aims to prevent hidden costs from surprising owners after they've signed.
From policy text
“in a single document, an itemized specification of all the costs required to acquire and maintain ownership of the timeshare, including ongoing fees”
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Companies must clearly disclose which fees can change, how much notice buyers will get before a fee increase, and what options buyers have for ending their timeshare ownership.
From policy text
“a specification of each fee that may be altered by the timeshare company and an explanation of the notice, including the timing of such notice, that will be provided to the individual with respect to an alteration of each such fee”
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Buyers get a mandatory 14-day cooling-off period during which they can cancel the contract for any reason without paying a penalty, giving them time to reconsider away from high-pressure sales presentations.
From policy text
“a provision stating that the individual may terminate the agreement, without penalty, during the 14-day period beginning on the date on which such individual enters into such agreement”
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Buyers must be given time to read all contract documents on their own, free from a salesperson watching over them, to reduce the impact of high-pressure sales tactics.
From policy text
“the individual, prior to entering into the agreement and free from the supervision of an employee of the timeshare company, is provided an opportunity to review all documents associated with the agreement”
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The Federal Trade Commission would enforce these rules, treating violations as unfair or deceptive business practices. States can still impose their own stricter rules to protect consumers.
From policy text
“A violation of subsection (a) or a regulation promulgated thereunder shall be treated as a violation of a rule defining an unfair or deceptive act or practice under section 18(a)(1)(B) of the Federal Trade Commission Act”
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Economy Finance

Impact Analysis

Personal Impact

Who is affectedScoreImpactCertaintyScopeDurationSentiment

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Milestones

2 milestones2 actions

Dec 16, 2025Senate

Read twice and referred to the Committee on Commerce, Science, and Transportation.

Dec 16, 2025

Introduced in Senate

Related News

2 articles

Curtis joins Dave Ramsey to discuss Timeshare Transparency Act

Utah Policy·3 months ago

Curtis joins Dave Ramsey to discuss Timeshare Transparency Act

Senator John Curtis discussed the Timeshare Transparency Act on 'The Ramsey Show,' highlighting the bill's requirement for a 14-day 'cooling off' period. Curtis argued that if a business depends on high-pressure tactics to trap consumers, it should perhaps not exist.

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Timeshare Consumer Association·2 months ago

Timeshare Transparency Act: New US Consumer Protections

The proposed federal bill would mandate that all timeshare agreements include a single document itemizing all costs and a 14-day penalty-free cancellation period. The industry lobby, ARDA, is reportedly opposed to the bill, claiming it could significantly impact sales.

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