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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

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  • 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)

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  • CS/CS/SB 1166, Committee Substitute 2 (Current Bill Version) Posted 2/28/2002 at 1:38 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 2/26/2002 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 585 (e1) Goodlette Identical Last Action: 4/16/2002 Approved by Governor; Chapter No. 2002-42
    Location:

    Citations - Statutes (51)

    Citation Catchline Location in Bill Location In Bill Help
    738.01 Definitions.
    738.02 Duty of trustee for receipts and expenditures.
    738.03 Income; principal; charges.
    738.04 When right to income arises; apportionment of income.
    738.05 Income earned during administration of a decedent's estate.
    738.06 Corporate distributions.
    738.07 Bond premium and discount.
    738.08 Business and farming operations.
    738.09 Disposition of natural resources.
    738.10 Removal of timber, water, soil, or sod.
    738.101
    738.102
    738.103
    738.104
    738.1041
    738.105
    738.11 Other property subject to depletion.
    738.12 Underproductive property.
    738.13 Charges against income and principal.
    738.14 Expenses; nontrust estates.
    738.15 Application of this chapter.
    738.201
    738.202
    738.301
    738.302
    738.303
    738.401
    738.402
    738.403
    738.501
    738.502
    738.503
    738.504
    738.601
    738.602
    738.603
    738.604
    738.605
    738.606
    738.607
    738.608
    738.701
    738.702
    738.703
    738.704
    738.705
    738.706
    738.801
    738.802
    738.803
    738.804

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  • CS/SB 1166, Committee Substitute 1 Posted 2/28/2002 at 1:38 AM

    Bill Text:   Web Page | PDF
    Analyses:   Judiciary (Post-Meeting) 2/19/2002 (pdf)

    Citations - Statutes (51)

    Citation Catchline Location in Bill Location In Bill Help
    738.01 Definitions.
    738.02 Duty of trustee for receipts and expenditures.
    738.03 Income; principal; charges.
    738.04 When right to income arises; apportionment of income.
    738.05 Income earned during administration of a decedent's estate.
    738.06 Corporate distributions.
    738.07 Bond premium and discount.
    738.08 Business and farming operations.
    738.09 Disposition of natural resources.
    738.10 Removal of timber, water, soil, or sod.
    738.101
    738.102
    738.103
    738.104
    738.1041
    738.105
    738.11 Other property subject to depletion.
    738.12 Underproductive property.
    738.13 Charges against income and principal.
    738.14 Expenses; nontrust estates.
    738.15 Application of this chapter.
    738.201
    738.202
    738.301
    738.302
    738.303
    738.401
    738.402
    738.403
    738.501
    738.502
    738.503
    738.504
    738.601
    738.602
    738.603
    738.604
    738.605
    738.606
    738.607
    738.608
    738.701
    738.702
    738.703
    738.704
    738.705
    738.706
    738.801
    738.802
    738.803
    738.804

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  • SB 1166, Original Filed Version Posted 1/15/2002 at 12:14 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Citations - Statutes (51)

    Citation Catchline Location in Bill Location In Bill Help
    738.01 Definitions.
    738.02 Duty of trustee for receipts and expenditures.
    738.03 Income; principal; charges.
    738.04 When right to income arises; apportionment of income.
    738.05 Income earned during administration of a decedent's estate.
    738.06 Corporate distributions.
    738.07 Bond premium and discount.
    738.08 Business and farming operations.
    738.09 Disposition of natural resources.
    738.10 Removal of timber, water, soil, or sod.
    738.101
    738.102
    738.103
    738.104
    738.1041
    738.105
    738.11 Other property subject to depletion.
    738.12 Underproductive property.
    738.13 Charges against income and principal.
    738.14 Expenses; nontrust estates.
    738.15 Application of this chapter.
    738.201
    738.202
    738.301
    738.302
    738.303
    738.401
    738.402
    738.403
    738.501
    738.502
    738.503
    738.504
    738.601
    738.602
    738.603
    738.604
    738.605
    738.606
    738.607
    738.608
    738.701
    738.702
    738.703
    738.704
    738.705
    738.706
    738.801
    738.802
    738.803
    738.804

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