West Virginia 2026 Session Status: Introduced 1 R cosponsors

HB 5557 — Require advertising materials be submitted with the initial public offering statement.

Last action — To Judiciary

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House of Delegates
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2026 Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Summary

Require advertising materials be submitted with the initial public offering statement.

Bill Text

What changed in the latest version

12 added · 16 removed

Plain-language change summary

The latest version of Bill HB 5557 has made several adjustments by removing semicolons at the end of certain lines and replacing them with periods. This change clarifies the structure of the bill and affirms that different types of advertising materials, such as advertisements and lodging certificates, must now be included with the initial public offering statement for time shares. These adjustments are important because they enhance the clarity and effectiveness of the bill, ensuring that all necessary advertising information is clearly defined and submitted as part of the offering process.

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CS for HB 5557 WEST VIRGINIA LEGISLATURE REGULAR SESSION Committee Substitute for House Bill 5557 By Delegate Holstein [Originating in the Committee on the Judiciary;
WEST VIRGINIA LEGISLATURE REGULAR SESSION ENGROSSED Committee Substitute for House Bill 5557 By Delegate Holstein [Originating in the Committee on the Judiciary;
Reported on February 25, 2026] CS for HB 5557 A BILL to amend and reenact §36-9-4 and §36-9-10 of the Code of West Virginia, 1931, as amended, relating to real estate time-shares;
Reported on February 25, 2026] Eng CS for HB 5557 A BILL to amend and reenact §36-9-4 and §36-9-10 of the Code of West Virginia, 1931, as amended, relating to real estate time-shares;
(a) "Accommodations" means any apartment, condominium or cooperative unit, cabin, lodge, hotel or motel room or any other private or commercial structure which is situated on real property and designed for occupancy by one or more individuals;
(a) "Accommodations" means any apartment, condominium or cooperative unit, cabin, lodge, hotel or motel room or any other private or commercial structure which is situated on real property and designed for occupancy by one or more individuals.
(A) Promotional brochures, pamphlets, advertisements or other materials to be disseminated to the public in connection with the sale of time shares:
(A) Promotional brochures, pamphlets, advertisements or other materials to be disseminated to the public in connection with the sale of time shares;
(B) Transcripts of radio and television advertisements:
(B) Transcripts of radio and television advertisements;
(C) Lodging certificates:
(C) Lodging certificates;
(D) Transcripts of standard verbal sales presentations:
(D) Transcripts of standard verbal sales presentations;
and (E) Any other advertising materials;
and (E) Any other advertising materials.
(f) "Division" means the division of land sales and condominiums in the office of the State 1 CS for HB 5557 Auditor;
1 Eng CS for HB 5557 (f) "Division" means the division of land sales and condominiums in the office of the State Auditor;
and (o) "Time-share unit" means an accommodation or facility of a time-sharing plan which is 2 CS for HB 5557 divided into time-share periods.
and 2 Eng CS for HB 5557 (o) "Time-share unit" means an accommodation or facility of a time-sharing plan which is divided into time-share periods.
(7) Misrepresent the amount or period of time during which the accommodations or 3 CS for HB 5557 facilities will be available to any purchaser;
3 Eng CS for HB 5557 (7) Misrepresent the amount or period of time during which the accommodations or facilities will be available to any purchaser;
A record shall be maintained containing the names and addresses of winners of the prizes and the record shall be made available upon request, to the public, upon payment of 4 CS for HB 5557 reasonable reproduction costs.
A record shall be maintained containing the names and addresses of winners of the 4 Eng CS for HB 5557 prizes and the record shall be made available upon request, to the public, upon payment of reasonable reproduction costs.
NOTE:
The purpose of this bill is to require advertising materials be submitted with the initial public offering statement.
Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.
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Action History

  1. Filed for introduction

  2. To Judiciary

  3. Introduced in House

  4. To House Judiciary

  5. Markup Discussion

  6. By substitute, do pass

  7. On 1st reading, Special Calendar

  8. Read 1st time

  9. On 2nd reading, Special Calendar

  10. Read 2nd time

  11. On 3rd reading, Special Calendar

  12. Read 3rd time

  13. Passed House (Roll No. 271)

  14. Communicated to Senate

  15. Introduced in Senate

  16. To Judiciary

  17. To Judiciary

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 151 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (151)

151 members have not signed on to this bill.

Show all 151 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Frequently asked questions

What does HB 5557 do?
Require advertising materials be submitted with the initial public offering statement.
Who sponsors HB 5557?
HB 5557 is sponsored by Josh Holstein (Republican).
What is the current status of HB 5557?
This bill died with 2026 Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 5557?
Track HB 5557 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes about 1 month ago · updated continuously

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