Legislation - SB0019

Title: Estates and Trusts - Compensation of Guardians of Property and Trustees
Sponsored by: Senator West
Status: In the House - First Reading Judiciary
Analysis: Fiscal and Policy Note

Synopsis

Clarifying the commissions that a guardian of the property may charge; authorizing a trustee of a trust to charge compensation that is reasonable under the circumstances; and authorizing trustees who are financial institutions or members of the Maryland Bar to charge compensation that is reasonable under the circumstances and calculated in accordance with a schedule of rates filed with an appropriate agency.

Committees

Original:: Judicial Proceedings Click to view Recorded Media

Opposite:: Judiciary

Committee Testimony

Witness List

Details

Cross-filed with: HB0027

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2025

History

Legislation History
Chamber Senate Calendar Date 10/19/2024 Legislative Date 10/19/2024 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/08/2025 Legislative Date 1/08/2025 Action First Reading Judicial Proceedings Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Estates and Trusts - Compensation of Guardians of Property and Trustees Proceedings
Chamber Senate Calendar Date 1/09/2025 Legislative Date 1/09/2025 Action Hearing 1/23 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Judicial Proceedings Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/10/2025 Legislative Date 2/10/2025 Action Favorable Report by Judicial Proceedings Proceedings
Chamber Senate Calendar Date 2/11/2025 Legislative Date 2/02/2025 Action Favorable Adopted Proceedings 22 Click to view Recorded Media
Chamber Senate Calendar Date 2/11/2025 Legislative Date 2/02/2025 Action Second Reading Passed Proceedings 22 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Estates and Trusts - Compensation of Guardians of Property and Trustees Proceedings
Chamber Senate Calendar Date 2/13/2025 Legislative Date 2/04/2025 Action Third Reading Passed (44-0) Proceedings 24 Click to view Recorded Media
Chamber House Calendar Date 2/14/2025 Legislative Date 2/14/2025 Action Referred Judiciary Proceedings 28 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	10/19/2024	10/19/2024	Pre-filed
Senate	1/08/2025	1/08/2025	First Reading Judicial Proceedings
			Text - First - Estates and Trusts - Compensation of Guardians of Property and Trustees
Senate	1/09/2025	1/09/2025	Hearing 1/23 at 1:00 p.m.
			Vote - Senate - Committee - Judicial Proceedings	Click to view Recorded Media
Senate	2/10/2025	2/10/2025	Favorable Report by Judicial Proceedings
Senate	2/11/2025	2/02/2025	Favorable Adopted	22 Click to view Recorded Media
Senate	2/11/2025	2/02/2025	Second Reading Passed	22 Click to view Recorded Media
			Text - Third - Estates and Trusts - Compensation of Guardians of Property and Trustees
Senate	2/13/2025	2/04/2025	Third Reading Passed (44-0)	24 Click to view Recorded Media
House	2/14/2025	2/14/2025	Referred Judiciary	28 Click to view Recorded Media

File Code

Subjects

Statutes