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CS/SB 1956: Florida Land Trust Act

GENERAL BILL by Banking and Insurance ; Aronberg

Florida Land Trust Act; revises provisions re land trust transfers of real property & vesting of ownership in trustee; deletes requirement that trustee be qualified to act as fiduciary; specifies rights, liabilities, & duties of land trust beneficiaries; provides that principal residence of beneficiary which is held in land trust is entitled to homestead tax exemption under certain circumstances; provides application, etc. Amends 689.071, 201.02.

Effective Date: 10/01/2006
Last Action: 6/22/2006 - Approved by Governor; Chapter No. 2006-274
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
2/10/2006 Senate • Filed
2/23/2006 Senate • Referred to Judiciary; Banking and Insurance
3/7/2006 Senate • Introduced, referred to Judiciary; Banking and Insurance -SJ 00155
3/24/2006 Senate • On Committee agenda-- Judiciary, 03/29/06, 3:30 pm, 401-S
3/29/2006 Senate • Favorable by Judiciary; YEAS 8 NAYS 0 -SJ 00354
3/30/2006 Senate • Now in Banking and Insurance -SJ 00354
4/13/2006 Senate • On Committee agenda-- Banking and Insurance, 04/20/06, 1:45 pm, 412-K
4/20/2006 Senate • CS by- Banking and Insurance; YEAS 9 NAYS 0 -SJ 00580; CS read first time on 04/26/06 -SJ 00592
4/21/2006 Senate • Placed on Calendar, on second reading -SJ 00581
4/26/2006 Senate • Placed on Special Order Calendar -SJ 00577; Read second time -SJ 00574
4/27/2006 Senate • Read third time -SJ 00625; CS passed; YEAS 39 NAYS 0 -SJ 00625
4/28/2006 House • In Messages
5/2/2006 House • Received, referred to Calendar -HJ 01133
5/3/2006 House • Placed on Special Order Calendar; Substituted for HB 7099 -HJ 01199; Read second and third times -HJ 01199; CS passed; YEAS 120 NAYS 0 -HJ 01199
5/3/2006 Senate • Ordered enrolled -SJ 00968
6/13/2006 • Signed by Officers and presented to Governor
6/22/2006 • Approved by Governor; Chapter No. 2006-274