2005 Regular Session

SENATE BILL 3

CHAPTER NUMBER: 455 File Code: Estates and Trusts Prior Year Introduction As: SB 685/04 - JPR
Sponsored By:
Senator Giannetti
Entitled:
Maryland Uniform Transfers to Minors Act - Qualified Minor's Trust

Synopsis:

Authorizing a custodian for a minor under the Maryland Uniform Transfers to Minors Act to transfer part or all of the custodial property to a qualified minor's trust without a court order under specified circumstances; providing that the transfer of custodial property to a qualified minor's trust terminates the custodianship of that property to the extent of the transfer; defining "qualified minor's trust"; and providing for the application of the Act.

History by Legislative Date

Senate Action
11/15
Pre-filed
1/12
First Reading Judicial Proceedings
Hearing 1/20 at 1:00 p.m.
2/15
Favorable Report by Judicial Proceedings
2/16
Favorable Report Adopted
Second Reading Passed
2/18
Third Reading Passed (47-0)
4/7

Senate Concur - House Amendments
Third Reading Passed (47-0)
Passed Enrolled
House Action
2/21
First Reading Judiciary
3/16
Hearing 3/30 at 1:00 p.m.
4/7
Favorable with Amendments Report by Judiciary
4/2
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/4
Third Reading Passed with Amendments (135-0)
Action after passage in Senate and House
5/26
Signed by the Governor Chapter 455

Bill indexed under the following Subjects:

DISCLOSURE
ESTATES AND TRUSTS
MINORS -see also- AGE OF MAJORITY; YOUTH
UNIFORM LAWS

Bill affects the following Statutes:

Estates and Trusts
( 13-301 , 13-301 , 13-301 , 13-314 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments (Displayed in WordPerfect 8 Format):
House
Number: 012417/01 (PDF)     Offered on: April 7, 2005   at: 11:19 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
February 18, 2005: Third Reading Passed (47-0)
April 7, 2005: Third Reading Passed (47-0)
House
April 4, 2005: Third Reading Passed (135-0)