Legislation

Title: Estates - Closing - Statement of Compensation and Reporting of Income (Mike Cady Act)
Sponsored by: Senator Young
Status: In the Senate - Withdrawn by Sponsor
Analysis: Fiscal and Policy Note

Synopsis

Requiring a court or a register of wills, after an estate has been closed, to provide to the personal representative of the estate a document stating the amount of compensation received by the personal representative and informing the personal representative that the compensation is income that must be reported to the Internal Revenue Service; requiring a court or register of wills to send a copy of the document to the Internal Revenue Service and the Office of the Comptroller; applying the Act only prospectively; etc.

Committees

Original:: Judicial Proceedings

Details

Introduced in a prior session as: SB0023 Session: 2014 Regular Session

Bill File Type: Regular

Effective Date(s): October 1, 2015

History

Legislation History
Chamber Senate Calendar Date 1/16/2015 Legislative Date 1/19/2015 Action First Reading Judicial Proceedings Proceedings
Chamber Senate Calendar Date 1/22/2015 Legislative Date 1/22/2015 Action Hearing 1/29 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 1/29/2015 Legislative Date 1/29/2015 Action Hearing cancelled Proceedings
Chamber Senate Calendar Date 2/13/2015 Legislative Date 2/16/2015 Action Unfavorable Report by Judicial Proceedings; Withdrawn Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/16/2015	1/19/2015	First Reading Judicial Proceedings
Senate	1/22/2015	1/22/2015	Hearing 1/29 at 1:00 p.m.
Senate	1/29/2015	1/29/2015	Hearing cancelled
Senate	2/13/2015	2/16/2015	Unfavorable Report by Judicial Proceedings; Withdrawn

Documents

Date Posted	Document Name
1/20/2015	Text - First - Estates - Closing - Statement of Compensation and Reporting of Income (Mike Cady Act)
2/13/2015	Vote - Senate - Committee - Judicial Proceedings

File Code

Subjects

Statutes