October 2009 Developments - 4

Up Front W Kathryn Mullan Mu Developments Developments Editor Kathryn Mullan Publisher ARDA Executive Editor Lou Ann Burney Back from Recess elcome to the Legislative Round-up issue for 2009! We haven’t ofﬁcially done this comprehensive sweep of the industry since August 2006, so pulling together an issue like this for you seemed to be a smart, timely selection—especially given the uncertainties that remain in the marketplace and global signs of any sort of recovery in economic conﬁdence. Many of the legislative issues that Sam DePoy and Jason Gamel tackle in their respective ARDA Federal Affairs (pp. 32-35) and State Affairs (pp. 40-46) features hinge on access to capital, increased regulatory restrictions on banking and mortgages, and highly active federal and state/local governments looking for ways to make budget by increasing taxation. Our vacation ownership industry certainly has taken a long and bumpy road in the last year, and it is obvious that both the federal and state teams have been quite busy working on behalf of members all over the country across a wide range of issues. Some of those topics and legislative victories are highlighted by other authors, such as Andrew Fisher’s and Kurt Gruber’s article on the Florida House Bill 61 (pp. 26-29), among others. And as you read the October Developments, whether in the print or electronic format, let me know your feedback on some of the hot topics or key issues we have featured or on our all-new digital edition. E-mail kmullan@arda.org. There’s a lot going on many ARDA fronts, especially as we look forward to seeing many of you in Washington, D.C., next month for the ARDA 2009 Fall Conference, November 4-6, at The Fairmont. Check out www.arda.org/ fallconference for the most up-to-date details on the schedule of events, speakers, hotel information, and registration. Hope to see you there! D Circulation Adrienne L. Riley Editorial Assistant Sarah Scruggs Developments Advertising Bob Craycraft, RRP Vice President, Industry Relations Natasha Smith Advertising & Sales Coordinator nsmith@arda.org Graphic Design The YGS Group Developments is the magazine of the American Resort Development Association, published 10 times annually for its members. Copyright 2009, American Resort Development Association. All rights reserved. Printed in the United States of America. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means (electronic, mechanical, photocopy, recording, or otherwise) without the prior written permission of the publisher, except in the case of brief quotations for critical articles or reviews. Address Changes. Developments is distributed to current paid ARDA members. It is sent to primary and secondary contacts of corporate member companies (as denoted on membership applications and renewals), as well as to individual members of ARDA. Please direct inquiries and address changes to ARDA’s central operations department at operations@arda.org. Policy. The views expressed in Developments are those of the authors and may not reﬂect the ofﬁcial policy of the American Resort Development Association. No endorsement of those views should be inferred unless speciﬁcally identified as the official policy of ARDA. Acceptance of advertising in Developments does not constitute an endorsement of products or services; ARDA cannot assume responsibility for claims made by advertising companies. Kathryn Mullan Editor, Developments American Resort Development Association 1201 15th Street, NW Suite 400 Washington, DC 20005 202-371-6700 tel. 202-289-8544 fax www.ARDA.org ARDA State Affairs Ofﬁce 200 East Robinson Street Suite 1170 Orlando, FL 32801 407-245 7601 tel. 407-872-0771 fax ECO AWARENESS Developments text and cover pages are printed using SFI-certiﬁed Anthem paper using soy ink. • SFI-certiﬁed products come from North American forests managed to rigorous environmental standards. • SFI standards conserve biodiversity and protect soil and water quality, as well as wildlife habitats. • SFI forests are audited by independent experts to ensure proper adherence to the SFI standard. • SFI participants also plant more than 650 million trees each year to keep these forests thriving. Publications Mail Agreement No. 41195542 Return Undeliverable Canadian Addresses to: PO Box 503 RPO West Beaver Creek Richmond Hill OM L4B 4R6 Developments • October 2009

October 2009 Developments

Table of Contents for the Digital Edition of October 2009 Developments