CS/HB 743 (2007) -  Trusts

General Bill by Safety & Security Council and Hukill (CO-SPONSORS) Ambler; Mahon; Seiler
Trusts: Revises criteria for investments in certain investment instruments; provides criteria, requirements, & limitations on trustee's power to invade principal of trust; limits definition of term "land trust" to arrangement in which title to real property is vested in trustee by recorded instrument that confers certain authority as prescribed by state law; clarifies use of income interest of trust, etc.
Effective Date: July 1, 2007.
Last Event: 06/15/07 Approved by Governor; Chapter No. 2007-153 on Friday, June 15, 2007 4:38 PM
Date Available for Final Passage: Thursday, April 26, 2007 9:50 AM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 2218 Subject: Trusts [EPCC] Relationship: Identical
Bill #: CS/HB 1183 Subject: Administration of Trusts Relationship: Compare
Bill #: SB 2606 Subject: Administration of Trusts [LPCC] Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Safety & Security Council 3/26/2007 11:49:09 AM
Chamber: House Committee: Safety & Security Council 3/20/2007 1:19:01 PM
Chamber: House Committee: Committee on Constitution & Civil Law 3/7/2007 6:33:10 PM
Chamber: House Committee: Committee on Constitution & Civil Law 3/5/2007 6:00:50 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 04/24/2007 09:50 AM   Yeas: 112 Nays: 0 Action: Passage Action 2: Vote Detail: Vote [Seq# 136] Barcode:
Chamber: Senate Date: 05/01/2007 11:48 AM   Yeas: 39 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 18] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Approved by Governor; Chapter No. 2007-153 Time: 06/15/2007 - 4:38 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/05/2007 - 12:45 PM Member: Committee: Version: er
Event: H Ordered enrolled Time: 05/01/2007 - 12:28 PM Member: Committee: Version: e2
Event: H In Messages Time: 05/01/2007 - 12:28 PM Member: Committee: Version: e2
Event: S CS passed; YEAS 39 NAYS 0 -SJ 00745 Time: 05/01/2007 - 11:48 AM Member: Committee: Version: er
Event: S Read 3rd time -SJ 00745 Time: 05/01/2007 - 11:47 AM Member: Committee: Version: er
Event: S Read 2nd time -SJ 00730 Time: 04/30/2007 - 3:57 PM Member: Committee: Version: er
Event: S Substituted for CS/CS/SB 2218 -SJ 00730 Time: 04/30/2007 - 3:57 PM Member: Committee: Version: er
Event: S Withdrawn from Banking and Insurance; Judiciary -SJ 00730 Time: 04/30/2007 - 3:56 PM Member: Committee: Version: er
Event: S Received, referred to Banking and Insurance; Judiciary -SJ 00623 Time: 04/26/2007 - 9:13 PM Member: Committee: Version: er
Event: S In Messages Time: 04/24/2007 - 11:15 AM Member: Committee: Version: er
Event: H Message sent to senate Time: 04/24/2007 - 11:13 AM Member: Committee: Version: e2
Event: H Amendment 578053 adopted Time: 04/24/2007 - 9:50 AM Member: Committee: Version: e1
Event: H Passage on third reading Time: 04/24/2007 - 9:50 AM Member: Committee: Version: e1
Event: H CS passed as amended; YEAS 112, NAYS 0 Time: 04/24/2007 - 9:49 AM Member: Committee: Version: e1
Event: H Read 3rd time Time: 04/24/2007 - 9:48 AM Member: Committee: Version: e1
Event: H Amendment 578053 filed Time: 04/23/2007 - 6:10 PM Member: Committee: Version: e1
Event: H Added to Third Reading Calendar Time: 04/19/2007 - 1:37 PM Member: Committee: Version: c1
Event: H Amendment 571027 adopted Time: 04/19/2007 - 1:36 PM Member: Committee: Version: c1
Event: H Read 2nd time Time: 04/19/2007 - 1:34 PM Member: Committee: Version: c1
Event: H Amendment 571027 filed late Time: 04/19/2007 - 9:56 AM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/19/2007) Time: 04/18/2007 - 5:47 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 04/18/2007 - 5:10 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/18/2007) Time: 04/17/2007 - 8:03 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/17/2007) Time: 04/13/2007 - 7:47 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 04/12/2007 - 5:52 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/12/2007) Time: 04/10/2007 - 4:54 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 03/26/2007 - 8:49 PM Member: Committee: Version: c1
Event: H Bill referred to House Calendar Time: 03/26/2007 - 8:49 PM Member: Committee: Version: c1
Event: H 1st Reading Time: 03/26/2007 - 7:20 PM Member: Committee: Version: c1
Event: H CS Filed Time: 03/26/2007 - 11:54 AM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19 Time: 03/26/2007 - 11:54 AM Member: Committee: Version: __
Event: H Reported out of Safety & Security Council Time: 03/26/2007 - 11:50 AM Member: Committee: Safety & Security Council Version: __
Event: H Favorable with CS by Safety & Security Council Time: 03/21/2007 - 12:00 PM Member: Committee: Safety & Security Council Version: __
Event: H Added to Safety & Security Council agenda Time: 03/19/2007 - 4:17 PM Member: Committee: Safety & Security Council Version: __
Event: H Now in Safety & Security Council Time: 03/07/2007 - 6:39 PM Member: Committee: Safety & Security Council Version: __
Event: H Reported out of Committee on Constitution & Civil Law Time: 03/07/2007 - 6:39 PM Member: Committee: Committee on Constitution & Civil Law Version: __
Event: H Favorable with 1 amendment(s) by Committee on Constitution & Civil Law Time: 03/07/2007 - 11:00 AM Member: Committee: Committee on Constitution & Civil Law Version: __
Event: H 1st Reading Time: 03/06/2007 - 11:59 PM Member: Committee: Version: __
Event: H Added to Committee on Constitution & Civil Law agenda Time: 03/05/2007 - 4:20 PM Member: Committee: Committee on Constitution & Civil Law Version: __
Event: H Now in Committee on Constitution & Civil Law Time: 02/21/2007 - 7:24 PM Member: Committee: Committee on Constitution & Civil Law Version: __
Event: H Referred to Committee on Constitution & Civil Law by Safety & Security Council Time: 02/21/2007 - 7:24 PM Member: Committee: Committee on Constitution & Civil Law Version: __
Event: H Now in Safety & Security Council Time: 02/14/2007 - 10:44 AM Member: Committee: Safety & Security Council Version: __
Event: H Referred to Safety & Security Council Time: 02/14/2007 - 10:44 AM Member: Committee: Safety & Security Council Version: __
Event: H Filed Time: 02/07/2007 - 11:40 AM Member: Hukill Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
660.417
736.04117
736.0802
736.0816
736.1008 CS/HB 1183
736.1011 CS/HB 1183