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2011 SESSION
SB 873 Subdivision of lot; localities to provide for conveyance to family member if land is held in trust.
Introduced by: Richard H. Stuart | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Subdivision of a lot held in trust for conveyance to a family member. Authorizes localities to provide for subdivision of a lot for conveyance to a family member if the land is held in trust. All trust beneficiaries must be immediate family members and must agree that the property should be subdivided. Additionally, all beneficiaries must agree to place a restrictive covenant on the subdivided property that would prohibit the transfer of the property to a nonmember of the immediate family for a period of 15 years. A locality may provide exceptions to this 15-year time period but must execute a writing reflecting such modification.
FULL TEXT
- 01/10/11 Senate: Prefiled and ordered printed; offered 01/12/11 11102081D pdf
- 02/18/11 Senate: Bill text as passed Senate and House (SB873ER) pdf
- 03/15/11 Governor: Acts of Assembly Chapter text (CHAP0141) pdf
HISTORY
- 01/10/11 Senate: Prefiled and ordered printed; offered 01/12/11 11102081D
- 01/10/11 Senate: Referred to Committee on Local Government
- 01/18/11 Senate: Reported from Local Government (14-Y 0-N)
- 01/20/11 Senate: Constitutional reading dispensed (38-Y 0-N)
- 01/21/11 Senate: Read second time and engrossed
- 01/24/11 Senate: Read third time and passed Senate (38-Y 0-N)
- 02/07/11 House: Placed on Calendar
- 02/07/11 House: Read first time
- 02/07/11 House: Referred to Committee on Counties, Cities and Towns
- 02/08/11 House: Assigned CC & T sub: #2
- 02/10/11 House: Subcommittee recommends reporting (10-Y 0-N)
- 02/11/11 House: Reported from Counties, Cities and Towns (22-Y 0-N)
- 02/14/11 House: Read second time
- 02/15/11 House: Read third time
- 02/15/11 House: Passed House BLOCK VOTE (98-Y 0-N)
- 02/15/11 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 02/18/11 Senate: Enrolled
- 02/18/11 Senate: Bill text as passed Senate and House (SB873ER)
- 02/18/11 House: Signed by Speaker
- 02/21/11 Senate: Signed by President
- 03/15/11 Governor: Approved by Governor-Chapter 141 (effective 7/1/11)
- 03/15/11 Governor: Acts of Assembly Chapter text (CHAP0141)