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CS/CS/SB 1166: Fla. Uniform Principal & Income Act

GENERAL BILL by Banking and Insurance ; Judiciary ; Posey

Fla. Uniform Principal & Income Act; creates said act; provides general principles; provides trustee's power to adjust between principal & income; provides for unitrust alternative to certain trusts where power to adjust is unavailable or not exercised; provides for judicial control of certain discretionary powers; provides limitations; provides for determinations & distributions of net income, etc. Creates 738.101-.804; repeals 738.01-.15.

Effective Date: 01/01/2003
Last Action: 3/18/2002 Senate - Placed on Special Order Calendar -SJ 00850; Substituted HB 585 -SJ 00838; Laid on Table, Link/Iden/Sim/Compare passed, refer to HB 585 (Ch. 2002-42)
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
1/14/2002 Senate • Prefiled
1/24/2002 Senate • Introduced, referred to Judiciary; Banking and Insurance -SJ 00137
2/14/2002 Senate • On Committee agenda-- Judiciary, 02/19/02, 9:00 am, 412-K
2/19/2002 Senate • CS by Judiciary; YEAS 6 NAYS 0 -SJ 00308; CS read first time on 02/21/02 -SJ 00310
2/21/2002 Senate • Now in Banking and Insurance -SJ 00308; On Committee agenda-- Banking and Insurance, 02/25/02, 1:00 pm, 110-S
2/25/2002 Senate • CS/CS by- Banking and Insurance; YEAS 12 NAYS 0 -SJ 00348; CS read first time on 02/27/02 -SJ 00353
2/27/2002 Senate • Placed on Calendar, on second reading -SJ 00348
3/18/2002 Senate • Placed on Special Order Calendar -SJ 00850; Substituted HB 585 -SJ 00838; Laid on Table, Link/Iden/Sim/Compare passed, refer to HB 585 (Ch. 2002-42)