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CS/HB 505: Estates and Trusts

GENERAL BILL by Civil Justice Subcommittee ; Driskell ; (CO-INTRODUCERS) Hart ; Pritchett

Estates and Trusts; Revises provisions for estates and trusts related to precious metals as property, notice requirements for jurisdiction, filing of objections, sales involving conflicts of interest, and compensation for serving as personal representative or trustee.

Effective Date: 10/1/2020
Last Action: 3/11/2020 House - Ordered enrolled -HJ 1127
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    10/31/2019 House • Filed
    11/15/2019 House • Referred to Civil Justice Subcommittee; Justice Appropriations Subcommittee; Judiciary Committee -HJ 42
    12/5/2019 House • On Committee agenda-- Civil Justice Subcommittee, 12/12/19, 9:00 am, Sumner Hall
    12/12/2019 House • CS by Civil Justice Subcommittee; YEAS 14 NAYS 0 -HJ 325
    12/13/2019 House • Pending review of CS under Rule 7.18(c)
    12/16/2019 House • Original reference(s) removed: Justice Appropriations Subcommittee
    • CS referred to Judiciary Committee -HJ 383
    • Now in Judiciary Committee -HJ 383
    1/14/2020 House • Introduced -HJ 42
    • CS by Civil Justice Subcommittee read 1st time -HJ 280
    1/21/2020 House • On Committee agenda-- Judiciary Committee, 01/23/20, 12:00 pm, Sumner Hall
    1/23/2020 House • Favorable by- Judiciary Committee; YEAS 17 NAYS 0 -HJ 440
    1/24/2020 House • Placed on Calendar -HJ 440
    1/30/2020 House • Placed on Special Order Calendar, 02/05/20
    2/5/2020 House • Read 2nd time -HJ 493
    • Read 3rd time -HJ 493
    • CS passed; YEAS 118 NAYS 0 -HJ 493
    2/12/2020 Senate • In Messages
    2/13/2020 Senate • Referred to Judiciary; Children, Families, and Elder Affairs; Rules -SJ 314
    • Received -SJ 313
    3/10/2020 Senate • Withdrawn from Judiciary; Children, Families, and Elder Affairs; Rules -SJ 583
    • Placed on Calendar, on 2nd reading
    • Substituted for CS/SB 358 -SJ 583
    • Read 2nd time -SJ 583
    • Placed on 3rd reading
    3/11/2020 Senate • Read 3rd time -SJ 671
    • CS passed; YEAS 39 NAYS 0 -SJ 671
    3/11/2020 House • Ordered enrolled -HJ 1127

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  • CS/HB 505, Enrolled (Current Bill Version) Posted 3/11/2020 at 6:15 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 358 (c1) Decedents’ Property Berman Identical Last Action: 3/10/2020 S Laid on Table, refer to CS/HB 505 -SJ 583
    H 231 Decendent's Property Driskell Similar Last Action: 10/7/2019 H Withdrawn prior to introduction -HJ 24

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    731.1065 Page 3 (pdf)
    731.201 General definitions. Page 3 (pdf)
    731.301 Notice. Page 4 (pdf)
    733.212 Notice of administration; filing of objections. Page 4 (pdf)
    733.610 Sale, encumbrance, or transaction involving conflict of interest. Page 5 (pdf)
    733.612 Transactions authorized for the personal representative; exceptions. Page 5 (pdf)
    733.617 Compensation of personal representative. Page 6 (pdf)
    736.0708 Compensation of trustee. Page 10 (pdf)

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  • CS/HB 505, Committee Substitute 1 Posted 12/13/2019 at 1:36 PM

    Bill Text:   PDF
    Analyses:   Judiciary Committee (Post-Meeting) 1/24/2020 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 358 (c1) Decedents’ Property Berman Identical Last Action: 3/10/2020 S Laid on Table, refer to CS/HB 505 -SJ 583
    H 231 Decendent's Property Driskell Similar Last Action: 10/7/2019 H Withdrawn prior to introduction -HJ 24

    Floor Votes (2)

    Date Chamber Result
    2/5/2020 4:23 PM House 118 Yeas - 0 Nays
    3/11/2020 3:51 PM Senate 39 Yeas - 0 Nays

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    731.1065 Page 3 (pdf)
    731.201 General definitions. Page 3 (pdf)
    731.301 Notice. Page 4 (pdf)
    733.212 Notice of administration; filing of objections. Page 4 (pdf)
    733.610 Sale, encumbrance, or transaction involving conflict of interest. Page 5 (pdf)
    733.612 Transactions authorized for the personal representative; exceptions. Page 5 (pdf)
    733.617 Compensation of personal representative. Page 6 (pdf)
    736.0708 Compensation of trustee. Page 10 (pdf)

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  • HB 505, Original Filed Version Posted 10/31/2019 at 4:35 PM

    Bill Text:   PDF
    Analyses:   Civil Justice Subcommittee (Post-Meeting) 3/24/2020 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 231 Decendent's Property Driskell Similar Last Action: 10/7/2019 H Withdrawn prior to introduction -HJ 24
    S 358 (c1) Decedents’ Property Berman Similar Last Action: 3/10/2020 S Laid on Table, refer to CS/HB 505 -SJ 583

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    391007 - Amendment
    Remove lines 86-133 and insert:
    Driskell 12/11/2019
    6:18 PM
    Adopted
    12/12/2019
    PDF

    Citations - Statutes (9)

    Citation Catchline Location in Bill Location In Bill Help
    731.1065 Page 3 (pdf)
    731.201 General definitions. Page 3 (pdf)
    731.301 Notice. Page 4 (pdf)
    733.212 Notice of administration; filing of objections. Page 4 (pdf)
    733.607 Possession of estate. Page 5 (pdf)
    733.610 Sale, encumbrance, or transaction involving conflict of interest. Page 6 (pdf)
    733.612 Transactions authorized for the personal representative; exceptions. Page 7 (pdf)
    733.617 Compensation of personal representative. Page 7 (pdf)
    736.0708 Compensation of trustee. Page 11 (pdf)

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