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
Last Action: 5/23/2003 - Approved by Governor; Chapter No. 2003-43
Bill Text: Web Page | PDF
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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
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SB 2450, Enrolled (Current Bill Version) Posted 4/29/2003 at 9:11 AM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location H 1071 Fla. Uniform Principal & Income Act Goodlette Similar Last Action: 4/25/2003 H 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
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. -
SB 2450, Original Filed Version Posted 3/12/2003 at 4:37 PM
Bill Text: Web Page | PDF Analyses: Banking and Insurance (Post-Meeting) 4/8/2003 (pdf)
Judiciary (Post-Meeting) 3/20/2003 (pdf)
Committee Votes (2)
Date Committee Result 3/25/2003 10:00 AM Judiciary 9 Yeas - 0 Nays 4/9/2003 1:45 PM Banking and Insurance 9 Yeas - 0 Nays Floor Votes (2)
Date Chamber Result 4/23/2003 10:10 AM Senate 40 Yeas - 0 Nays 4/25/2003 5:09 PM House 112 Yeas - 0 Nays 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.