HOUSE BILL 240

Sponsored By:

Delegates Simmons and Vallario

Entitled:

Estates - Elective Share

Synopsis:

Providing that the net estate and property allocable to an elective share of a surviving spouse shall be valued in a specified manner; providing that an elective share includes specified income; providing for an adjustment of an elective share under specified circumstances; altering the period during which an election for an elective share shall be made; etc.

History by Legislative Date

House Action

1/29

First Reading Judiciary

Hearing 2/6 at 1:00 p.m.

2/17

Favorable Report by Judiciary

2/19

Favorable Report Adopted

Second Reading Passed

2/25

Third Reading Passed (136-0)

3/30

Returned Passed

5/22

Governor vetoed - Cross-filed bill was signed

Senate Action

2/26

First Reading Judicial Proceedings

3/31

Favorable Report by Judicial Proceedings

3/30

Favorable Report Adopted

Second Reading Passed

3/31

Third Reading Passed (46-0)

Sponsored by:

Delegate Luiz Simmons, District 17

Delegate Joseph F. Vallario, Jr., District 27A

Bill indexed under the following Subject:

ESTATES AND TRUSTS

Bill affects the following Statutes:

Estates and Trusts

( 3-203 , 3-206 , 3-208 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

House

February 25, 2003: Third Reading Passed (136-0)

Senate

March 31, 2003: Third Reading Passed (46-0)