Legislation

Title: Estates and Trusts – Transfer From Revocable Trust – Exemption From Taxes and Fees
Sponsored by: Senator Kasemeyer
Status: Approved by the Governor - Chapter 315
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Exempting from certain real property recordation, transfer, and excise taxes and fees transfers of real property and certain vehicles from a revocable trust to a beneficiary of the trust as a result of the death of the settlor of the revocable trust.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Health and Government Operations Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2018

History

Legislation History
Chamber Senate Calendar Date 1/24/2018 Legislative Date 1/24/2018 Action First Reading Judicial Proceedings Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Estates and Trusts – Transfer From Revocable Trust – Exemption From Tax Proceedings
Chamber Senate Calendar Date 1/26/2018 Legislative Date 1/26/2018 Action Reassigned to Budget and Taxation Proceedings 13 Click to view Recorded Media
Chamber Senate Calendar Date 1/31/2018 Legislative Date 1/31/2018 Action Hearing 2/14 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/19/2018 Legislative Date 2/19/2018 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/20/2018 Legislative Date 2/20/2018 Action Favorable with Amendments {599231/1 Adopted Proceedings 30 Click to view Recorded Media
Chamber Senate Calendar Date 2/20/2018 Legislative Date 2/20/2018 Action Second Reading Passed with Amendments Proceedings 30 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Estates and Trusts – Transfer From Revocable Trust – Exemption From Taxes and Fees Proceedings
Chamber Senate Calendar Date 2/22/2018 Legislative Date 2/22/2018 Action Third Reading Passed (45-0) Proceedings 32 Click to view Recorded Media
Chamber House Calendar Date 2/23/2018 Legislative Date 2/23/2018 Action Referred Health and Government Operations Proceedings 33 Click to view Recorded Media
Chamber House Calendar Date 3/07/2018 Legislative Date 3/07/2018 Action Hearing 3/21 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Health and Government Operations Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/26/2018 Legislative Date 3/26/2018 Action Favorable Report by Health and Government Operations Proceedings
Chamber House Calendar Date 3/27/2018 Legislative Date 3/20/2018 Action Favorable Adopted Second Reading Passed Proceedings 54 Click to view Recorded Media
Chamber House Calendar Date 3/28/2018 Legislative Date 3/21/2018 Action Third Reading Passed (139-0) Proceedings 55 Click to view Recorded Media
Chamber Senate Calendar Date 4/09/2018 Legislative Date 4/02/2018 Action Returned Passed Proceedings 64 Click to view Recorded Media
Chamber Post Passage Calendar Date 4/24/2018 Legislative Date 4/24/2018 Action Approved by the Governor - Chapter 315 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Estates and Trusts – Transfer From Revocable Trust – Exemption From Taxes and Fees Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/24/2018	1/24/2018	First Reading Judicial Proceedings
			Text - First - Estates and Trusts – Transfer From Revocable Trust – Exemption From Tax
Senate	1/26/2018	1/26/2018	Reassigned to Budget and Taxation	13 Click to view Recorded Media
Senate	1/31/2018	1/31/2018	Hearing 2/14 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	2/19/2018	2/19/2018	Favorable with Amendments Report by Budget and Taxation
Senate	2/20/2018	2/20/2018	Favorable with Amendments {599231/1 Adopted	30 Click to view Recorded Media
Senate	2/20/2018	2/20/2018	Second Reading Passed with Amendments	30 Click to view Recorded Media
			Text - Third - Estates and Trusts – Transfer From Revocable Trust – Exemption From Taxes and Fees
Senate	2/22/2018	2/22/2018	Third Reading Passed (45-0)	32 Click to view Recorded Media
House	2/23/2018	2/23/2018	Referred Health and Government Operations	33 Click to view Recorded Media
House	3/07/2018	3/07/2018	Hearing 3/21 at 1:00 p.m.
			Vote - House - Committee - Health and Government Operations	Click to view Recorded Media
House	3/26/2018	3/26/2018	Favorable Report by Health and Government Operations
House	3/27/2018	3/20/2018	Favorable Adopted Second Reading Passed	54 Click to view Recorded Media
House	3/28/2018	3/21/2018	Third Reading Passed (139-0)	55 Click to view Recorded Media
Senate	4/09/2018	4/02/2018	Returned Passed	64 Click to view Recorded Media
Post Passage	4/24/2018	4/24/2018	Approved by the Governor - Chapter 315
			Text - Chapter - Estates and Trusts – Transfer From Revocable Trust – Exemption From Taxes and Fees

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Statutes