Legislation

Title: Estates and Trusts - Trusts - Decanting (Maryland Trust Decanting Act)
Sponsored by: Delegate Cardin
Status: Approved by the Governor - Chapter 715
Analysis: Fiscal and Policy Note

Synopsis

Establishing rules governing the exercise of the decanting power to distribute the property of a first trust to one or more second trusts or to modify the terms of a first trust; and providing for the retroactive application of the Act.

Committees

Original:: Judiciary Click to view Recorded Media

Opposite:: Judicial Proceedings

Committee Testimony

Witness List

Details

Cross-filed with: SB0446

Bill File Type: Regular

Effective Date(s): October 1, 2023

History

Legislation History
Chamber House Calendar Date 2/06/2023 Legislative Date 2/06/2023 Action First Reading Judiciary Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Estates and Trusts - Trusts - Decanting (Maryland Trust Decanting Act) Proceedings
Chamber House Calendar Date 2/08/2023 Legislative Date 2/08/2023 Action Hearing 2/22 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Judiciary Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/09/2023 Legislative Date 3/09/2023 Action Favorable Report by Judiciary Proceedings
Chamber House Calendar Date 3/10/2023 Legislative Date 3/04/2023 Action Favorable Adopted Proceedings 41 Click to view Recorded Media
Chamber House Calendar Date 3/10/2023 Legislative Date 3/04/2023 Action Second Reading Passed Proceedings 41 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Estates and Trusts - Trusts - Decanting (Maryland Trust Decanting Act) Proceedings
Chamber House Calendar Date 3/14/2023 Legislative Date 3/05/2023 Action Third Reading Passed (134-0) Proceedings 42 Click to view Recorded Media
Chamber Senate Calendar Date 3/15/2023 Legislative Date 3/06/2023 Action Referred Judicial Proceedings Proceedings 43 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Judicial Proceedings Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 4/05/2023 Legislative Date 4/05/2023 Action Favorable with Amendments Report by Judicial Proceedings Proceedings
Chamber Senate Calendar Date 4/05/2023 Legislative Date 3/23/2023 Action Favorable with Amendments {683522/1 Adopted Proceedings 60 Click to view Recorded Media
Chamber Senate Calendar Date 4/05/2023 Legislative Date 3/23/2023 Action Second Reading Passed with Amendments Proceedings 60 Click to view Recorded Media
Chamber Senate Calendar Date 4/06/2023 Legislative Date 3/24/2023 Action Third Reading Passed (47-0) Proceedings 61 Click to view Recorded Media
Chamber House Calendar Date 4/08/2023 Legislative Date 3/30/2023 Action House Concurs Senate Amendments Proceedings 67 Click to view Recorded Media
Chamber House Calendar Date 4/08/2023 Legislative Date 3/30/2023 Action Third Reading Passed (139-0) Proceedings 67 Click to view Recorded Media
Chamber House Calendar Date 4/08/2023 Legislative Date 3/30/2023 Action Passed Enrolled Proceedings
Chamber Calendar Date Legislative Date Action Text - Enrolled - Estates and Trusts - Trusts - Decanting (Maryland Trust Decanting Act) Proceedings
Chamber Post Passage Calendar Date 5/16/2023 Legislative Date 5/16/2023 Action Approved by the Governor - Chapter 715 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Estates and Trusts - Trusts - Decanting (Maryland Trust Decanting Act) Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/06/2023	2/06/2023	First Reading Judiciary
			Text - First - Estates and Trusts - Trusts - Decanting (Maryland Trust Decanting Act)
House	2/08/2023	2/08/2023	Hearing 2/22 at 1:00 p.m.
			Vote - House - Committee - Judiciary	Click to view Recorded Media
House	3/09/2023	3/09/2023	Favorable Report by Judiciary
House	3/10/2023	3/04/2023	Favorable Adopted	41 Click to view Recorded Media
House	3/10/2023	3/04/2023	Second Reading Passed	41 Click to view Recorded Media
			Text - Third - Estates and Trusts - Trusts - Decanting (Maryland Trust Decanting Act)
House	3/14/2023	3/05/2023	Third Reading Passed (134-0)	42 Click to view Recorded Media
Senate	3/15/2023	3/06/2023	Referred Judicial Proceedings	43 Click to view Recorded Media
			Vote - Senate - Committee - Judicial Proceedings	Click to view Recorded Media
Senate	4/05/2023	4/05/2023	Favorable with Amendments Report by Judicial Proceedings
Senate	4/05/2023	3/23/2023	Favorable with Amendments {683522/1 Adopted	60 Click to view Recorded Media
Senate	4/05/2023	3/23/2023	Second Reading Passed with Amendments	60 Click to view Recorded Media
Senate	4/06/2023	3/24/2023	Third Reading Passed (47-0)	61 Click to view Recorded Media
House	4/08/2023	3/30/2023	House Concurs Senate Amendments	67 Click to view Recorded Media
House	4/08/2023	3/30/2023	Third Reading Passed (139-0)	67 Click to view Recorded Media
House	4/08/2023	3/30/2023	Passed Enrolled
			Text - Enrolled - Estates and Trusts - Trusts - Decanting (Maryland Trust Decanting Act)
Post Passage	5/16/2023	5/16/2023	Approved by the Governor - Chapter 715
			Text - Chapter - Estates and Trusts - Trusts - Decanting (Maryland Trust Decanting Act)

File Code

Subjects

Statutes