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2012 SESSION

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SB 110 Irrevocable trusts; trustee's power to appoint assets into second trust.

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SUMMARY AS INTRODUCED:

Irrevocable trusts; trustee's power to appoint assets into second trust.  Authorizes the trustee of an irrevocable trust to appoint all or part of the principal or income of a trust into a second trust for the benefit of the beneficiaries of the original trust.

FULL TEXT

• 01/09/12  Senate: Prefiled and ordered printed; offered 01/11/12 12101405D  pdf
• 03/06/12  Senate: Bill text as passed Senate and House (SB110ER)  pdf
• 04/04/12  Governor: Acts of Assembly Chapter text (CHAP0559)  pdf

HISTORY

• 01/09/12  Senate: Prefiled and ordered printed; offered 01/11/12 12101405D
• 01/09/12  Senate: Referred to Committee for Courts of Justice
• 01/16/12  Senate: Reported from Courts of Justice (14-Y 0-N)
• 01/17/12  Senate: Constitutional reading dispensed (38-Y 0-N)
• 01/17/12  Senate: Motion to reconsider reading dispensed agreed to (40-Y 0-N)
• 01/17/12  Senate: Constitutional reading dispensed (40-Y 0-N)
• 01/18/12  Senate: Read second time and engrossed
• 01/19/12  Senate: Read third time and passed Senate (40-Y 0-N)
• 02/13/12  House: Placed on Calendar
• 02/13/12  House: Read first time
• 02/13/12  House: Referred to Committee for Courts of Justice
• 02/16/12  House: Assigned Courts sub: #2 Civil
• 02/27/12  House: Subcommittee recommends reporting (9-Y 0-N)
• 02/27/12  House: Reported from Courts of Justice (18-Y 0-N)
• 02/29/12  House: Read second time
• 03/01/12  House: Read third time
• 03/01/12  House: Passed House BLOCK VOTE (99-Y 0-N)
• 03/01/12  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
• 03/06/12  Senate: Enrolled
• 03/06/12  Senate: Bill text as passed Senate and House (SB110ER)
• 03/06/12  House: Signed by Speaker
• 03/08/12  Senate: Signed by President
• 04/04/12  Governor: Approved by Governor-Chapter 559 (effective 7/1/12)
• 04/04/12  Governor: Acts of Assembly Chapter text (CHAP0559)