Legislation

Title: Estates - Closing - Statement of Compensation and Reporting of Income (Mike Cady Act)
Sponsored by: Senator Young
Status: In the Senate - Unfavorable Report by Judicial Proceedings
Analysis: Fiscal and Policy Note

Synopsis

Requiring a court or a register of wills, after an estate has been closed, to provide to the personal representative of the estate a document stating the amount of compensation received by the personal representative and informing the personal representative that the compensation is income that must be reported to the Internal Revenue Service; requiring a court or register of wills to send a copy of the document to the Internal Revenue Service and the Office of the Comptroller; applying the Act only prospectively; etc.

Committees

Original:: Judicial Proceedings Click to view Recorded Media

Details

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2014

History

Legislation History
Chamber Senate Calendar Date 12/18/2013 Legislative Date 8/13/2013 Action Pre-filed Proceedings
Chamber Senate Calendar Date 12/18/2013 Legislative Date 1/08/2014 Action First Reading Judicial Proceedings Proceedings
Chamber Senate Calendar Date 1/08/2014 Legislative Date 1/08/2014 Action Hearing 1/21 at 1:30 p.m. Proceedings
Chamber Senate Calendar Date 2/21/2014 Legislative Date 2/24/2014 Action Unfavorable Report by Judicial Proceedings Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	12/18/2013	8/13/2013	Pre-filed
Senate	12/18/2013	1/08/2014	First Reading Judicial Proceedings
Senate	1/08/2014	1/08/2014	Hearing 1/21 at 1:30 p.m.
Senate	2/21/2014	2/24/2014	Unfavorable Report by Judicial Proceedings

Documents

Date Posted	Document Name
12/18/2013	Text - First - Estates - Closing - Statement of Compensation and Reporting of Income (Mike Cady Act)
2/24/2014	Vote - Senate - Committee - Judicial Proceedings

File Code

Subjects

Statutes