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2024 SESSION

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HB 332 Termination of trust; notice requirements.

Introduced by: Michael J. Jones | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Termination of trust; notice requirements. Provides that a trustee seeking to terminate a trust consisting of trust property that has a total value of less than $100,000 may do so without a court order, provided that the trustee sends notice, as specified in the bill, to any qualified beneficiaries or cotrustees. This bill is identical to SB 63.

FULL TEXT

• 01/05/24  House: Prefiled and ordered printed; offered 01/10/24 24102292D  pdf
• 01/19/24  House: Committee substitute printed 24105569D-H1  pdf
• 02/27/24  House: Bill text as passed House and Senate (HB332ER)  pdf
• 04/02/24  Governor: Acts of Assembly Chapter text (CHAP0282)  pdf

AMENDMENTS

• House subcommittee amendments and substitutes offered
• House subcommittee amendments and substitutes adopted

HISTORY

• 01/05/24  House: Prefiled and ordered printed; offered 01/10/24 24102292D
• 01/05/24  House: Referred to Committee for Courts of Justice
• 01/16/24  House: Assigned Courts sub: Civil
• 01/17/24  House: Subcommittee recommends reporting with substitute (8-Y 0-N)
• 01/19/24  House: Committee substitute printed 24105569D-H1
• 01/19/24  House: Reported from Courts of Justice with substitute (22-Y 0-N)
• 01/23/24  House: Read first time
• 01/24/24  House: Read second time
• 01/24/24  House: Committee substitute agreed to 24105569D-H1
• 01/24/24  House: Engrossed by House - committee substitute HB332H1
• 01/25/24  House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
• 01/25/24  House: VOTE: Block Vote Passage (98-Y 0-N)
• 01/26/24  Senate: Constitutional reading dispensed
• 01/26/24  Senate: Referred to Committee for Courts of Justice
• 02/19/24  Senate: Reported from Courts of Justice (11-Y 0-N)
• 02/20/24  Senate: Constitutional reading dispensed (39-Y 0-N)
• 02/21/24  Senate: Read third time
• 02/21/24  Senate: Passed Senate (40-Y 0-N)
• 02/27/24  House: Enrolled
• 02/27/24  House: Bill text as passed House and Senate (HB332ER)
• 02/27/24  House: Signed by Speaker
• 03/01/24  Senate: Signed by President
• 03/11/24  House: Enrolled Bill communicated to Governor on March 11, 2024
• 03/11/24  Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
• 04/02/24  Governor: Approved by Governor-Chapter 282 (effective 7/1/24)
• 04/02/24  Governor: Acts of Assembly Chapter text (CHAP0282)