File Code: Estates and Trusts
Crossfiled with: SENATE BILL 641
- Sponsored By:
-
Delegates Dembrow and Vallario
- Entitled:
-
Uniform Principal and Income Act - Unitrust Conversion - Adjustments
Between Principal and Income
Authorizing a trustee to convert a trust to a unitrust or make
adjustments between principal and income under specified
circumstances; requiring a trustee to give notice to specified persons
of specified proposed decisions regarding the power to convert a trust
to a unitrust or to adjust between principal and income; providing for
judicial review of specified proposed decisions; etc.
House Action
- 2/7
- First Reading Judiciary
- 2/12
- Hearing 3/8 at 1:00 p.m.
- 3/25
- Favorable with Amendments Report by Judiciary
- 3/23
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/24
- Third Reading Passed (138-0)
- 3/31
- Returned Passed
- 5/15
- Governor vetoed - Duplicative
Senate Action
- 3/26
- First Reading Judicial Proceedings
- 3/29
- Favorable Report by Judicial Proceedings
- 3/30
- Favorable Report Adopted
- Second Reading Passed
- 3/31
- Third Reading Passed (47-0)
- Sponsored by:
- Delegate Dana Lee Dembrow, District 20
- Delegate Joseph F. Vallario, Jr., District 27A
- Bill indexed under the following Subjects:
- DISCLOSURE
- ESTATES AND TRUSTS
- JUDICIAL REVIEW -see also- APPEALS
- NOTICES
- UNIFORM LAWS
- Bill affects the following Statutes:
- Estates and Trusts
- (
15-501 ,
15-502.1 ,
15-502.2 ,
15-502.3 ,
15-515 ,
15-520 ,
15-528
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 102519/1 (PDF) Offered on: March 25, 2002 at:
1:40 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- March 24, 2002: Third Reading Passed (138-0)
- Senate
- March 31, 2002: Third Reading Passed (47-0)