2000 Regular Session

SENATE BILL 636

CHAPTER NUMBER: 292 File Code: Estates and Trusts Crossfiled with: HOUSE BILL 939
Sponsored By:
Senator Baker
Entitled:
Uniform Principal and Income Act

Synopsis:

Enacting the 1997 revision of the Uniform Principal and Income Act; establishing default rules for fiduciaries administering a trust or estate to allocate receipts and disbursements to or between principal and income; etc.

History by Legislative Date

Senate Action
2/4
First Reading Judicial Proceedings
2/9
Hearing 3/8 at 1:00 p.m.
3/14
Favorable with Amendments Report by Judicial Proceedings
3/16
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/20
Third Reading Passed (47-0)
3/31
Returned Passed
5/11
Signed by the Governor Chapter 292
House Action
3/21
First Reading Judiciary
3/22
Hearing 3/28 at 1:00 p.m.
3/29
Favorable Report by Judiciary
3/27
Favorable Report Adopted
Second Reading Passed
3/28
Third Reading Passed (137-0)
Bill indexed under the following Subjects:
ESTATES AND TRUSTS
FEES -see also- DEVELOPMENT FEES AND TAXES
FIDUCIARIES
INCOME TAX
INTEREST
INVESTMENTS -see also- SECURITIES
LIABILITY -see also- GOOD SAMARITAN
PERSONAL PROPERTY
PERSONAL REPRESENTATIVES
REAL PROPERTY
SECURITIES
UNIFORM LAWS
Bill affects the following Statutes:
Estates and Trusts
( 7-304 , 11-106 , 14-201 , 15-501 , 15-502 , 15-503 , 15-504 , 15-505 , 15-506 , 15-507 , 15-508 , 15-509 , 15-510 , 15-511 , 15-512 , 15-513 , 15-514 , 15-515 , 15-516 , 15-517 , 15-518 , 15-519 , 15-520 , 15-521 , 15-522 , 15-523 , 15-524 , 15-525 , 15-526 , 15-527 , 15-528 , 15-529 , 15-530 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 798570/1 (PDF)     Offered on: March 16, 2000   at: 10:48 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 20, 2000: Third Reading Passed (47-0)
House
March 28, 2000: Third Reading Passed (137-0)