CS/SB 568 (2015) -  Family Trust Companies

General Bill by Banking and Insurance and Richter
Family Trust Companies: Revising the purposes of the Family Trust Company Act; specifying the applicability of other chapters of the financial institutions codes to family trust companies; revising the requirements for investigations of license applicants by the Office of Financial Regulation; deleting a provision that authorizes the office to immediately revoke the license of a licensed family trust company under certain circumstances; authorizing a family trust company to have its terminated registration or revoked license reinstated under certain circumstances, etc.
Effective Date: 10/01/2015
Last Event: Died on Second Reading Calendar on Tuesday, April 28, 2015 1:15 PM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
    • On agenda for: 03/04/15 1:00 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 11   Nays 0
  • Judiciary
    • On agenda for: 03/31/15 4:00 PM
    • Favorable (final action) Votes: Yeas 9   Nays 0
  • Fiscal Policy
    • On agenda for: 04/09/15 9:00 AM
    • Favorable (final action) Votes: Yeas 8   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: CS/HB 825 Subject: Family Trust Companies Relationship: Similar

Bill Text

  • Committee Substitute 1
  • Original Filed Version
    • A 117136 , Banking and Insurance, Richter Date Filed: 03/03/15, Line#: 139 Senate(c): Replaced by Committee Substitute 03/04/2015 03:01 PM
    • A 118860 , Banking and Insurance, Richter Date Filed: 03/03/15, Line#: 185 Senate(c): Replaced by Committee Substitute 03/04/2015 03:01 PM
    • A 704630 , Banking and Insurance, Richter Date Filed: 03/03/15, Line#: 274 Senate(c): Replaced by Committee Substitute 03/04/2015 03:01 PM
    • A 437510 , Banking and Insurance, Richter Date Filed: 03/03/15, Line#: 305 Senate(c): Replaced by Committee Substitute 03/04/2015 03:01 PM
    • A 612190 , Banking and Insurance, Richter Date Filed: 03/03/15, Line#: 458 Senate(c): Replaced by Committee Substitute 03/04/2015 03:01 PM
    • A 957628 , Banking and Insurance, Richter Date Filed: 03/03/15, Line#: 503 Senate(c): Replaced by Committee Substitute 03/04/2015 03:01 PM

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Fiscal Policy 4/9/2015 12:30:03 PM
Chamber: Senate Committee: Fiscal Policy 4/8/2015 9:06:01 AM
Chamber: Senate Committee: Judiciary 3/31/2015 7:39:12 PM
Chamber: Senate Committee: Judiciary 3/30/2015 4:27:35 PM
Chamber: Senate Committee: Banking and Insurance 3/5/2015 11:32:35 AM
Chamber: Senate Committee: Banking and Insurance 3/3/2015 10:35:25 AM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: Senate Date: 04/27/2015 03:56 PM   Yeas: 39 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 17] Barcode:

Bill History

Event Time Member Committee Ver.
Event: H Died on Second Reading Calendar Time: 04/28/2015 - 1:15 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 04/28/2015 - 1:14 PM Member: Committee: Version: c1
Event: H Temporarily postponed, on 2nd Reading Time: 04/28/2015 - 11:41 AM Member: Committee: Version: c1
Event: H 1st Reading Time: 04/27/2015 - 7:07 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/28/2015) Time: 04/27/2015 - 6:45 PM Member: Committee: Version: c1
Event: H Bill referred to House Calendar Time: 04/27/2015 - 5:40 PM Member: Committee: Version: c1
Event: H In Messages Time: 04/27/2015 - 4:53 PM Member: Committee: Version: c1
Event: S CS passed; YEAS 39 NAYS 0 -SJ 677 Time: 04/27/2015 - 3:56 PM Member: Committee: Version: c1
Event: S Read 3rd time -SJ 677 Time: 04/27/2015 - 3:56 PM Member: Committee: Version: c1
Event: S Placed on 3rd reading Time: 04/24/2015 - 10:11 AM Member: Committee: Version: c1
Event: S Read 2nd time -SJ 610 Time: 04/24/2015 - 10:10 AM Member: Committee: Version: c1
Event: S Placed on Special Order Calendar, 04/24/15 Time: 04/21/2015 - 6:33 PM Member: Committee: Version: c1
Event: S Placed on Calendar, on 2nd reading -SJ 377 Time: 04/09/2015 - 2:00 PM Member: Committee: Version: c1
Event: S Favorable by- Fiscal Policy; YEAS 8 NAYS 0 -SJ 377 Time: 04/09/2015 - 10:52 AM Member: Committee: Fiscal Policy Version: c1
Event: S On Committee agenda-- Fiscal Policy, 04/09/15, 9:00 am, 412 Knott Building Time: 04/06/2015 - 2:58 PM Member: Committee: Fiscal Policy Version: c1
Event: S Now in Fiscal Policy -SJ 316 Time: 04/01/2015 - 8:35 AM Member: Committee: Fiscal Policy Version: c1
Event: S Favorable by Judiciary; YEAS 9 NAYS 0 -SJ 316 Time: 03/31/2015 - 6:58 PM Member: Committee: Judiciary Version: c1
Event: S On Committee agenda-- Judiciary, 03/31/15, 4:00 pm, 110 Senate Office Building Time: 03/26/2015 - 3:53 PM Member: Committee: Judiciary Version: c1
Event: S CS by Banking and Insurance read 1st time -SJ 204 Time: 03/17/2015 - 7:15 PM Member: Committee: Banking and Insurance Version: c1
Event: S Now in Judiciary -SJ 193 Time: 03/06/2015 - 3:12 PM Member: Committee: Judiciary Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 03/05/2015 - 12:42 PM Member: Committee: Banking and Insurance Version: c1
Event: S CS by Banking and Insurance; YEAS 11 NAYS 0 -SJ 193 Time: 03/04/2015 - 2:57 PM Member: Committee: Banking and Insurance Version: __
Event: S Introduced -SJ 69 Time: 03/03/2015 - 7:55 AM Member: Committee: Version: __
Event: S On Committee agenda-- Banking and Insurance, 03/04/15, 1:00 pm, 110 Senate Office Building Time: 02/27/2015 - 12:58 PM Member: Committee: Banking and Insurance Version: __
Event: S Referred to Banking and Insurance; Judiciary; Fiscal Policy -SJ 69 Time: 02/05/2015 - 7:53 AM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 01/29/2015 - 2:45 PM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
662.102 CS/HB 825
662.111 CS/HB 825
662.113 CS/HB 825
662.120 CS/HB 825
662.1215 CS/HB 825
662.122 SB 702, CS/HB 825, HB 7029
662.1225 SB 702, CS/HB 825, HB 7029
662.123 CS/HB 825
662.128 CS/HB 825
662.132 CS/HB 825
662.141 SB 702, CS/HB 825, HB 7029
662.142 CS/HB 825
662.143 CS/HB 825
662.144 CS/HB 825
662.145 CS/HB 825
662.150 CS/HB 825
662.151 CS/HB 825