Congress mandates timeshare cost transparency and 14-day exit right

What it does

This bill requires timeshare companies to provide consumers with a single, itemized document listing all costs (including ongoing fees), explain which fees can change and how notice will be given, disclose all exit options, and offer a 14-day penalty-free cancellation period. Consumers must also review all agreement documents without company supervision before signing. The FTC enforces these rules as unfair or deceptive practices, and states may impose stricter requirements.

Why we flagged it

The bill's operative mechanism is a mandatory disclosure and cooling-off regime for timeshare sales, enforced by the FTC as an unfair-practice violation. It is a straightforward consumer-protection measure with no hidden deregulation or carve-outs.

What the text implies

• The 14-day cancellation right may shift timeshare marketing toward higher-pressure front-end sales tactics to lock in commitments before the window closes.
• FTC enforcement depends on agency resources and prioritization; underfunded FTC may limit practical deterrent effect despite clear statutory language.
• State-level preemption is explicitly preserved, so states may impose stricter rules; this creates a patchwork of requirements and potential compliance complexity for multi-state operators.
• The bill does not address existing timeshare contracts or exit obligations, only prospective agreements—current owners locked in unfavorable terms receive no relief.

Section numbers refer to the bill text the analysis read — linked under Primary records below.

Who it affects

Consumers gain mandatory cost transparency, a 14-day cancellation right, and clear disclosure of fee changes and exit options—protections that directly counter documented timeshare industry practices of hidden fees, high-pressure sales, and difficult exit terms. The bill imposes compliance costs on sellers but no direct cost to buyers.

Named in the bill

Federal Trade Commission (FTC), Timeshare companies, Timeshare industry, State attorneys general

Where it stands

7 cosponsors: 5 Democrats, 2 Republicans.

• Jun 10, 2026 — Introduced · Congress.gov: “Introduced in House”
• Jun 10, 2026 — Referred to House Committee on Energy and Commerce · Congress.gov: “Referred to the House Committee on Energy and Commerce”

Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.

Money around this bill

2 lobbying clients named this bill on 2 disclosure filings across 1 quarter, Jun 2026 to Jun 2026. Those filings disclosed $340,000 in lobbying spend. A filing names 2 bills on average, so that figure is what each filing reported, not a share belonging to this bill.

More lobbying clients named this bill than 41% of bills with at least one filing.

Glenn Thompson, the sponsor, reported $1,043,943 in PAC receipts in the 2026 cycle.

• American Resort Development Assn — $270,000 on 1 filing
• American Resort Development Association — $70,000 on 1 filing

Lobbying Disclosure Act filings through Jul 20, 2026. A filing shows who paid to lobby on a bill it names, not what changed.