HB 1071: Fla. Uniform Principal & Income Act
GENERAL BILL by Goodlette ; (CO-INTRODUCERS) Sansom
Fla. Uniform Principal & Income Act; revises language re trustee's power to adjust; authorizes trustee to release certain powers; restricts power to adjust under certain circumstances; provides for service of notice on legal representative or natural guardian of beneficiary without filing of any proceeding or approval of any court; redefines term "interested trustee" for purpose of provision governing total return unitrust; provides for retroactive application, etc. Amends Ch. 738.
Effective Date: Upon becoming law
Last Action: 4/25/2003 House - Placed on Special Order Calendar; Substituted SB 2450; Laid on Table, Link/Iden/Sim/Compare passed, refer to SB 2450 (Ch. 2003-43) -HJ 00633
Bill Text: Web Page | PDF
Last Action: 4/25/2003 House - Placed on Special Order Calendar; Substituted SB 2450; Laid on Table, Link/Iden/Sim/Compare passed, refer to SB 2450 (Ch. 2003-43) -HJ 00633
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 3/3/2003 House • Prefiled
3/4/2003 House • Introduced -HJ 00088
3/7/2003 House • Referred to Banking & Securities (COM); Commerce; Finance & Tax -HJ 00166
3/13/2003 House • On Subcommittee agenda-- Banking & Securities (COM), 03/17/03, 4:30 pm, 404-H
3/17/2003 House • Recommendation: Favorable by Banking & Securities (COM); YEAS 6 NAYS 0; Now in Commerce
3/20/2003 House • On Committee agenda-- Commerce, 03/24/03, 3:00 pm, 404-H
3/24/2003 House • Favorable by Commerce; YEAS 14 NAYS 0 -HJ 00255
3/25/2003 House • Now in Finance & Tax -HJ 00255
4/7/2003 House • On Committee agenda-- Finance & Tax, 04/09/03, 10:15 am, Reed Hall
4/9/2003 House • Favorable by- Finance & Tax; YEAS 20 NAYS 0 -HJ 00384
4/10/2003 House • Placed on Calendar -HJ 00384
4/25/2003 House • Placed on Special Order Calendar; Substituted SB 2450; Laid on Table, Link/Iden/Sim/Compare passed, refer to SB 2450 (Ch. 2003-43) -HJ 00633
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HB 1071, Original Filed Version (Current Bill Version) Posted 3/3/2003 at 10:16 AM
Bill Text: Web Page | PDF Analyses: Commerce (Post-Meeting) (pdf)
Commerce (Post-Meeting) (pdf)
Commerce (Post-Meeting) (pdf)
Finance & Tax (Post-Meeting) (pdf)
Finance & Tax (Post-Meeting) (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location S 2450 Atwater Similar Last Action: 5/23/2003 Approved by Governor; Chapter No. 2003-43
Location:Citations - Statutes (4)
Citation Catchline Location in Bill Location In Bill Help 738.104 Trustee's power to adjust. 738.1041 Total return unitrust. 738.202 Distribution to residuary and remainder beneficiaries. 738.401 Character of receipts.