2003 Regular Session

HOUSE BILL 284

File Code: Estates and Trusts Crossfiled with: SENATE BILL 307
Sponsored By:
Delegate Vallario
Entitled:
Estates - Personal Representatives - Election for Modified Administration

Synopsis:

Providing that a personal representative of an estate may file an election for modified administration of the estate if the residuary legatees and heirs at law of the estate are exempt from an inheritance tax under specified circumstances; and requiring that the trustees of each trust created in a will of a decedent be limited to specified persons in order for a personal representative to file an election for modified administration of an estate under specified circumstances.

History by Legislative Date

House Action
1/31
First Reading Judiciary
Hearing 2/6 at 1:00 p.m.
2/24
Favorable with Amendments Report by Judiciary
2/25
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
2/27
Third Reading Passed (139-0)
3/30
Returned Passed
5/22
Governor vetoed - Cross-filed bill was signed
Senate Action
2/28
First Reading Judicial Proceedings
3/31
Favorable Report by Judicial Proceedings
3/30
Favorable Report Adopted
Second Reading Passed
3/31
Third Reading Passed (46-0)
Bill indexed under the following Subjects:
ESTATES AND TRUSTS
PERSONAL REPRESENTATIVES
Bill affects the following Statute:
Estates and Trusts
( 5-702 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 712818/02 (PDF)     Offered on: February 25, 2003   at: 10:30 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
February 27, 2003: Third Reading Passed (139-0)
Senate
March 31, 2003: Third Reading Passed (46-0)