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The Florida Senate

SB 2450: Fla. Uniform Principal & Income Act

GENERAL BILL by Atwater

Fla. Uniform Principal & Income Act; revises provisions 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, etc. Amends Ch. 738.

Effective Date: 05/23/2003
Last Action: 5/23/2003 - Approved by Governor; Chapter No. 2003-43
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
3/4/2003 Senate • Filed
3/19/2003 Senate • Introduced, referred to Judiciary; Banking and Insurance -SJ 00238
3/20/2003 Senate • On Committee agenda-- Judiciary, 03/25/03, 10:00 am, 110-S
3/25/2003 Senate • Favorable by Judiciary; YEAS 9 NAYS 0 -SJ 00263; Now in Banking and Insurance -SJ 00263
4/4/2003 Senate • On Committee agenda-- Banking and Insurance, 04/09/03, 1:45 pm, 110-S
4/9/2003 Senate • Favorable by- Banking and Insurance; YEAS 9 NAYS 0 -SJ 00381; Placed on Calendar, on second reading -SJ 00381
4/16/2003 Senate • Placed on Special Order Calendar -SJ 00423; Read second time -SJ 00412
4/23/2003 Senate • Read third time -SJ 00461; Passed; YEAS 40 NAYS 0 -SJ 00461
4/24/2003 House • In Messages
4/25/2003 House • Received, placed on Calendar -HJ 00602; Placed on Special Order Calendar; Substituted for HB 1071 -HJ 00633; Read second and third times -HJ 00633; Passed; YEAS 112 NAYS 0 -HJ 00633
4/25/2003 Senate • Ordered enrolled -SJ 00648
5/15/2003 • Signed by Officers and presented to Governor
5/23/2003 • Approved by Governor; Chapter No. 2003-43