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The Florida Senate

HB 585: Fla. Uniform Principal & Income Act

GENERAL BILL by Goodlette ; (CO-INTRODUCERS) Joyner ; Bullard

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: 4/16/2002 - Approved by Governor; Chapter No. 2002-42
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
12/6/2001 House • Prefiled
12/17/2001 House • Referred to Judicial Oversight (SGC); Council for Smarter Government
1/22/2002 House • Introduced, referred to Judicial Oversight (SGC); Council for Smarter Government -HJ 00043
1/28/2002 House • On Committee agenda-- Judicial Oversight (SGC), 01/30/02, 1:00 pm, 212-K
1/30/2002 House • Favorable with 1 amendment(s) by Judicial Oversight (SGC); YEAS 11 NAYS 0 -HJ 00155
1/31/2002 House • Now in Council for Smarter Government -HJ 00155
2/5/2002 House • On Council agenda-- Council for Smarter Government, 02/07/02, 2:00 pm, Morris Hall
2/7/2002 House • Favorable by- Council for Smarter Government; YEAS 13 NAYS 0 -HJ 00225
2/11/2002 House • Placed on Calendar -HJ 00225
2/13/2002 House • Placed on Special Order Calendar
2/27/2002 House • Placed on Special Order Calendar; Read second time -HJ 00304; Amendment(s) failed -HJ 00304; Amendment(s) adopted -HJ 00304
3/7/2002 House • Read third time -HJ 00865; Passed as amended; YEAS 115 NAYS 0 -HJ 00865
3/11/2002 Senate • In Messages
3/15/2002 Senate • Received, referred to Judiciary; Banking and Insurance -SJ 00808
3/18/2002 Senate • Withdrawn from Judiciary; Banking and Insurance -SJ 00838; Substituted for CS/CS/SB 1166 -SJ 00838; Read second time -SJ 00838
3/20/2002 Senate • Read third time -SJ 01039; Passed; YEAS 32 NAYS 0 -SJ 01039
3/20/2002 House • Ordered enrolled -HJ 02248
4/5/2002 • Signed by Officers and presented to Governor
4/16/2002 • Approved by Governor; Chapter No. 2002-42