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CS/CS/HB 229: Land Trusts

GENERAL BILL by Judiciary Committee ; Civil Justice Subcommittee ; Rodriguez, J.

Land Trusts; Providing requirements relating to vesting of ownership in trustee; revises rights, liabilities, & duties of land trust beneficiaries; provides exclusion & applicability; revises provisions relating to land trust transfers of real property & vesting of ownership in trustee; prohibits operation of statute of uses & doctrine of merger to execute land trust or to vest trust property under certain conditions; provides conditions under which beneficial interest is deemed real property; authorizes certain beneficial ownership methods; provides for perfection of security documents; provides that trustee’s legal & equitable title to trust property is separate & distinct from beneficiary's beneficial interest in land trust & trust property; prohibits lien, judgment, mortgage, security interest or other encumbrance against one interest from automatically attaching to another interest; provides that appointment of guardian ad litem is not necessary in certain foreclosure litigation affecting title to trust property of land trust; provides for determination of applicable law for certain trusts; provides applicability relating to UCC financing statements; provides requirements for recording effectiveness; revises & provides scope of Florida Trust Code.

Effective Date: 6/28/2013
Last Action: 7/1/2013 - Chapter No. 2013-240
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    1/17/2013 House • Filed
    1/30/2013 House • Referred to Civil Justice Subcommittee; Insurance and Banking Subcommittee; Judiciary Committee -HJ 36
    2/6/2013 House • On Committee agenda-- Civil Justice Subcommittee, 02/13/13, 2:00 pm, 404 HOB
    2/13/2013 House • CS by Civil Justice Subcommittee; YEAS 10 NAYS 0 -HJ 154
    2/19/2013 House • Pending review of CS under Rule 7.19(c)
    2/21/2013 House • Now in Insurance and Banking Subcommittee -HJ 152
    3/4/2013 House • On Committee agenda-- Insurance and Banking Subcommittee, 03/06/13, 1:00 pm, 404 HOB
    3/5/2013 House • Introduced -HJ 36
    • CS by Civil Justice Subcommittee read 1st time -HJ 146
    3/6/2013 House • Favorable by Insurance and Banking Subcommittee; YEAS 13 NAYS 0 -HJ 227
    3/11/2013 House • Now in Judiciary Committee -HJ 227
    3/18/2013 House • On Committee agenda-- Judiciary Committee, 03/20/13, 8:00 am, 404 HOB
    3/20/2013 House • CS/CS by- Judiciary Committee; YEAS 16 NAYS 0 -HJ 332
    3/22/2013 House • Pending review of CS -under Rule 7.19(c) -HJ 332
    • CS/CS by Judiciary Committee read 1st time -HJ 328
    3/25/2013 House • Placed on Calendar -HJ 346
    4/22/2013 House • Placed on Special Order Calendar, 04/24/13
    4/24/2013 House • Read 2nd time -HJ 804
    • Amendment(s) adopted (506909) -HJ 805
    • Read 3rd time -HJ 805
    • CS passed as amended; YEAS 114 NAYS 1 -HJ 805
    4/24/2013 Senate • In Messages
    • Referred to Judiciary; Banking and Insurance; Rules -SJ 587
    • Received -SJ 587
    4/25/2013 Senate • Withdrawn from Judiciary; Banking and Insurance; Rules -SJ 607
    • Placed on Calendar, on 2nd reading -SJ 607
    • Substituted for CS/SB 1172 -SJ 607
    • Read 2nd time -SJ 607
    • Placed on 3rd reading
    4/26/2013 Senate • Read 3rd time -SJ 690
    • CS passed; YEAS 34 NAYS 0 -SJ 691
    4/29/2013 House • Ordered enrolled -HJ 966
    6/17/2013 • Signed by Officers and presented to Governor
    6/28/2013 • Approved by Governor
    7/1/2013 • Chapter No. 2013-240

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  • CS/CS/HB 229, Enrolled (Current Bill Version) Posted 4/29/2013 at 4:46 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1172 (c1) Land Trusts Simmons Similar Last Action: 4/25/2013 S Laid on Table, companion bill(s) passed, see CS/CS/HB 229 (Ch. 2013-240) -SJ 607
    Location: Laid on Table

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    689.071 Florida Land Trust Act. Page 1 (pdf), Page 5 (pdf)
    689.073 Page 2 (pdf)
    736.0102 Scope. Page 21 (pdf)

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  • CS/CS/HB 229, Engrossed 1 Posted 4/24/2013 at 7:05 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1172 (c1) Land Trusts Simmons Similar Last Action: 4/25/2013 S Laid on Table, companion bill(s) passed, see CS/CS/HB 229 (Ch. 2013-240) -SJ 607
    Location: Laid on Table

    Floor Votes (1)

    Date Chamber Result
    4/26/2013 11:01 AM Senate 34 Yeas - 0 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    689.071 Florida Land Trust Act. Page 1 (pdf), Page 5 (pdf)
    689.073 Page 2 (pdf)
    736.0102 Scope. Page 21 (pdf)

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  • CS/CS/HB 229, Committee Substitute 2 Posted 3/22/2013 at 12:12 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1172 (c1) Land Trusts Simmons Similar Last Action: 4/25/2013 S Laid on Table, companion bill(s) passed, see CS/CS/HB 229 (Ch. 2013-240) -SJ 607
    Location: Laid on Table

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    506909 - Amendment
    Remove lines 513-521 and insert:
    Rodriguez, J. 4/23/2013
    11:46 AM
    House: Adopted
    4/24/2013
    PDF

    Floor Votes (1)

    Date Chamber Result
    4/24/2013 4:56 PM House 114 Yeas - 1 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    689.071 Florida Land Trust Act. Page 1 (pdf), Page 5 (pdf)
    689.073 Page 2 (pdf)
    736.0102 Scope. Page 21 (pdf)

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  • CS/HB 229, Committee Substitute 1 Posted 2/19/2013 at 7:30 AM

    Bill Text:   PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 3/8/2013 (pdf)
    Judiciary Committee (Post-Meeting) 3/22/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1172 (c1) Land Trusts Simmons Similar Last Action: 4/25/2013 S Laid on Table, companion bill(s) passed, see CS/CS/HB 229 (Ch. 2013-240) -SJ 607
    Location: Laid on Table

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    773317 - Amendment
    Remove lines 110-113 and insert:
    Rodriguez, J. 3/19/2013
    5:44 PM
    Adopted without Objection
    3/20/2013
    PDF

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    689.071 Florida Land Trust Act. Page 1 (pdf), Page 5 (pdf)
    689.073 Page 2 (pdf)
    736.0102 Scope. Page 21 (pdf)

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  • HB 229, Original Filed Version Posted 1/17/2013 at 11:10 AM

    Bill Text:   PDF
    Analyses:   Civil Justice Subcommittee (Post-Meeting) 7/10/2013 (pdf)

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    386203 - Amendment
    Remove lines 186-599 and insert:
    Rodriguez, J. 2/12/2013
    6:35 PM
    Adopted without Objection
    2/13/2013
    PDF

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    689.071 Florida Land Trust Act. Page 1 (pdf), Page 5 (pdf)
    689.073 Page 2 (pdf)
    736.0102 Scope. Page 21 (pdf)

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