SB0982

2013 Regular Session

 

Entitled:

Estates - Closing - Statement of Compensation and Reporting of Income (The Mike Cady Act)

Sponsored by:

Senator Young

Status:

In the Senate - Hearing 3/19 at 1:00 p.m.


Synopsis:Requiring a court or a register of wills, after an estate has been closed, to provide 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; applying the Act only prospectively; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senator Young
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2013
Committee(s):
Judicial Proceedings  Listen to Committee Hearing
Broad Subject(s):Estates and Trusts
Narrow Subject(s):Courts -see also- Circuit; Appeals; District; Orphans'; etc.
Estates and Trusts
Notices
Personal Representatives
Registers of Wills
Statutes:Article - Estates and Trusts
(10-106)

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October 24, 2017 1:10 P.M.