HB 7099 CS (2006) -  Land Trusts

General Bill by Judiciary Committee and Simmons
Land Trusts: Revises provisions relating to land trust transfers of real property and vesting of ownership in a trustee; deletes a requirement that a trustee be qualified to act as a fiduciary; specifies rights, liabilities, and duties of land trust beneficiaries; provides that the principal residence of a beneficiary which is held in a land trust is entitled to the homestead tax exemption; provides for the appointment of successor trustees; provides requirements for declarations of appointment; provides that a trustee of a land trust may be a creditor of the trust or of a trust beneficiary; provides application.
Companion Bill passed CS/SB 1956 Florida Land Trust Act By Banking and Insurance and Aronberg
Effective Date: October 1, 2006.
Last Event: Companion Bill passed, Link/Iden/Sim/Compare passed, refer to CS/SB 1956 (Ch. 2006-274) on Wednesday, May 3, 2006 2:48 PM; HB Laid on Table

PCB committee actions:

  • PCB JU 06-04 recommended by:
    Judiciary Committee
    • On agenda for: 03/08/06   10:00 AM View Notice
    • Favorable With Amendment(s) (final action) See Votes
  • PCB JU 06-04 recommended by:
    Judiciary Committee

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/SB 1956 Subject: Florida Land Trust Act Relationship: Identical

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Justice Council 4/20/2006 10:58:19 PM
Chamber: House Committee: Finance & Tax Committee 4/13/2006 8:57:44 AM
Chamber: House Committee: Finance & Tax Committee 4/10/2006 4:17:40 PM
Chamber: House Committee: Civil Justice Committee 3/28/2006 2:31:31 PM
Chamber: House Committee: Civil Justice Committee 3/24/2006 4:36:52 PM
Chamber: House Committee: Judiciary Committee 3/20/2006 10:09:27 AM
Chamber: House Committee: Judiciary Committee 2/20/2006 10:19:40 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 1956 (Ch. 2006-274) Time: 05/03/2006 - 2:48 PM Member: Committee: Version: c1
Event: H Substituted CS/SB 1956 Time: 05/03/2006 - 2:48 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (5/3/2006) Time: 05/02/2006 - 9:52 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 04/20/2006 - 10:56 PM Member: Committee: Version: c1
Event: H Bill released to House Calendar Time: 04/20/2006 - 10:56 PM Member: Committee: Version: c1
Event: H Reported out of Justice Council Time: 04/20/2006 - 10:56 PM Member: Committee: Justice Council Version: c1
Event: H Favorable by Justice Council Time: 04/20/2006 - 4:45 PM Member: Committee: Justice Council Version: c1
Event: H Added to Justice Council agenda Time: 04/18/2006 - 4:19 PM Member: Committee: Justice Council Version: c1
Event: H Now in Justice Council Time: 04/13/2006 - 2:30 PM Member: Committee: Justice Council Version: c1
Event: H Pending review of CS under Rule 6.3 Time: 04/12/2006 - 9:43 AM Member: Committee: Version: c1
Event: H Reported out of Finance & Tax Committee Time: 04/12/2006 - 9:41 AM Member: Committee: Finance & Tax Committee Version: __
Event: H Favorable with CS by Finance & Tax Committee Time: 04/11/2006 - 12:00 PM Member: Committee: Finance & Tax Committee Version: __
Event: H Added to Finance & Tax Committee agenda Time: 04/07/2006 - 4:16 PM Member: Committee: Finance & Tax Committee Version: __
Event: H Now in Finance & Tax Committee Time: 03/28/2006 - 2:42 PM Member: Committee: Finance & Tax Committee Version: __
Event: H Reported out of Civil Justice Committee Time: 03/28/2006 - 2:42 PM Member: Committee: Civil Justice Committee Version: __
Event: H Favorable by Civil Justice Committee Time: 03/28/2006 - 12:00 PM Member: Committee: Civil Justice Committee Version: __
Event: H Added to Civil Justice Committee agenda Time: 03/24/2006 - 4:21 PM Member: Committee: Civil Justice Committee Version: __
Event: H Now in Civil Justice Committee Time: 03/20/2006 - 1:15 PM Member: Committee: Civil Justice Committee Version: __
Event: H Referred to Justice Council Time: 03/20/2006 - 1:15 PM Member: Committee: Justice Council Version: __
Event: H Referred to Finance & Tax Committee Time: 03/20/2006 - 1:15 PM Member: Committee: Finance & Tax Committee Version: __
Event: H Referred to Civil Justice Committee Time: 03/20/2006 - 1:15 PM Member: Committee: Civil Justice Committee Version: __
Event: H 1st Reading Time: 03/14/2006 - 6:44 PM Member: Committee: Version: __
Event: H Filed Time: 03/13/2006 - 9:51 AM Member: Committee: Judiciary Committee Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
201.02 HB 65
201.02 HB 65
689.071 HB 425 CS
689.071 HB 425 CS