CS/CS/HB 1439 (2020) -  Bank Property of Deceased Account Holders

General Bill by Commerce Committee and Insurance & Banking Subcommittee and Yarborough
Bank Property of Deceased Account Holders: Authorizes financial institution to pay funds on deposit in certain accounts to specified family member of decedent without court proceeding, order, or judgment; requires family member to provide certified copy of decedent's death certificate & specified affidavit to receive funds; specifies that person does not have right or cause of action against financial institution for taking or failing to take certain actions; provides liability for family member who withdraws funds; authorizes financial institution to provide copies of affidavit to certain persons; provides that specified types of personal property are not subject to probate administration or formal proceedings; requires certain actions relating to decedent's creditors; provides bona fide purchasers protection from specified claims of creditors & from rights of spouses, beneficiaries, & heirs of decedents; provides limitation on liability of decedent's estate & recipients of estate.
Effective Date: July 1, 2020
Last Event: Chapter No. 2020-110 on Monday, June 29, 2020 11:04 AM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 380 Subject: Disposition of Personal Property Relationship: Similar
Bill #: HB 397 Subject: Bank Property of Deceased Account Holders Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 7/2/2020 2:38:22 PM
Chamber: House Committee: Final Bill Analysis 3/16/2020 8:56:13 AM
Chamber: House Committee: Commerce Committee 2/17/2020 5:56:14 PM
Chamber: House Committee: Commerce Committee 2/11/2020 4:47:36 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/30/2020 1:36:22 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/25/2020 5:11:23 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 02/26/2020 03:26 PM   Yeas: 115 Nays: 0 Action: Action 2: Passage Vote Detail: Vote [Seq# 507] Barcode:
Chamber: Senate Date: 03/11/2020 03:43 PM   Yeas: 40 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 13] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2020-110 Time: 06/29/2020 - 11:04 AM Member: Committee: Version: er
Event: Approved by Governor Time: 06/27/2020 - 6:02 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/17/2020 - 10:45 AM Member: Committee: Version: er
Event: H Ordered enrolled Time: 03/11/2020 - 4:47 PM Member: Committee: Version: c2
Event: H In Messages Time: 03/11/2020 - 4:47 PM Member: Committee: Version: c2
Event: S CS passed; YEAS 40 NAYS 0 -SJ 669 Time: 03/11/2020 - 3:44 PM Member: Committee: Version: c2
Event: S Read 3rd time -SJ 669 Time: 03/11/2020 - 3:43 PM Member: Committee: Version: c2
Event: S Placed on 3rd reading Time: 03/10/2020 - 1:37 PM Member: Committee: Version: c2
Event: S Read 2nd time -SJ 579 Time: 03/10/2020 - 1:37 PM Member: Committee: Version: c2
Event: S Substituted for CS/CS/SB 380 -SJ 579 Time: 03/10/2020 - 1:37 PM Member: Committee: Version: c2
Event: S Placed on Calendar, on 2nd reading Time: 03/10/2020 - 1:37 PM Member: Committee: Version: c2
Event: S Withdrawn from Banking and Insurance; Judiciary; Rules -SJ 579 Time: 03/10/2020 - 1:37 PM Member: Committee: Banking and Insurance Version: c2
Event: S Received -SJ 476 Time: 03/05/2020 - 6:51 PM Member: Committee: Version: c2
Event: S Referred to Banking and Insurance; Judiciary; Rules -SJ 476 Time: 03/05/2020 - 9:57 AM Member: Committee: Banking and Insurance Version: c2
Event: H Message sent to senate Time: 03/03/2020 - 6:51 PM Member: Committee: Version: c2
Event: S In Messages Time: 03/03/2020 - 6:43 PM Member: Committee: Version: c2
Event: H CS passed; YEAS 115, NAYS 0 Time: 02/26/2020 - 3:26 PM Member: Committee: Version: c2
Event: H Read 3rd time Time: 02/26/2020 - 3:26 PM Member: Committee: Version: c2
Event: H Read 2nd time Time: 02/26/2020 - 3:24 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (2/26/2020) Time: 02/20/2020 - 6:54 PM Member: Committee: Version: c2
Event: H Added to Second Reading Calendar Time: 02/18/2020 - 5:04 PM Member: Committee: Version: c2
Event: H 1st Reading Time: 02/18/2020 - 5:04 PM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 02/18/2020 - 12:21 PM Member: Committee: Version: c2
Event: H CS Filed Time: 02/17/2020 - 6:03 PM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.18(a) Time: 02/17/2020 - 6:03 PM Member: Committee: Version: c1
Event: H Reported out of Commerce Committee Time: 02/17/2020 - 5:58 PM Member: Committee: Commerce Committee Version: c1
Event: H Favorable with CS by Commerce Committee Time: 02/13/2020 - 7:07 PM Member: Committee: Commerce Committee Version: c1
Event: H Added to Commerce Committee agenda Time: 02/11/2020 - 3:41 PM Member: Committee: Commerce Committee Version: c1
Event: H Now in Commerce Committee Time: 01/31/2020 - 1:13 PM Member: Committee: Commerce Committee Version: c1
Event: H Referred to Commerce Committee Time: 01/31/2020 - 1:13 PM Member: Committee: Commerce Committee Version: c1
Event: H 1st Reading Time: 01/30/2020 - 4:42 PM Member: Committee: Version: c1
Event: H CS Filed Time: 01/30/2020 - 1:41 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.18(a) Time: 01/30/2020 - 1:41 PM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 01/30/2020 - 1:35 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 01/28/2020 - 6:54 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 01/24/2020 - 4:13 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 01/17/2020 - 9:19 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 01/17/2020 - 9:19 AM Member: Committee: Commerce Committee Version: __
Event: H Referred to Civil Justice Subcommittee Time: 01/17/2020 - 9:19 AM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 01/17/2020 - 9:19 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 01/14/2020 - 11:19 PM Member: Committee: Version: __
Event: H Filed Time: 01/14/2020 - 9:44 AM Member: Yarborough Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
655.059 CS/CS/SB 380, HB 397
735.303 CS/CS/SB 380
735.304 CS/CS/SB 380

(*) Not the latest version