The gist

• Forces timeshare companies to disclose all costs upfront and gives buyers 14 days to cancel without penalty.

Who wins, who loses

• Wins: timeshare buyers, families pressured at vacation resorts, state consumer protection agencies.
• Loses: timeshare companies facing new disclosure rules and lost sales from cancellations.

What it does

• Requires one itemized document listing every acquisition cost and ongoing fee before signing.
• Mandates disclosure of which fees can change and how much notice buyers get.
• Guarantees a 14-day penalty-free cancellation window starting at signing.
• Lets the Federal Trade Commission (FTC) enforce violations as deceptive practices; takes effect 90 days after enactment.

Why should I care?

Supporters say timeshare presentations pressure families into decades-long contracts hiding fees that balloon over time. Critics argue federal rules duplicate existing state laws and could raise prices for legitimate buyers. An alternative being debated: leaving timeshare regulation entirely to states, which already vary widely. Where do you land? Vote below and use "Tell Your Rep" to make sure your voice reaches Congress.