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CS/HB 7099: Florida Land Trust Act

GENERAL BILL by Judiciary Committee ; Simmons

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: 5/3/2006 House - Placed on Special Order Calendar; Substituted CS/SB 1956; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 1956 (Ch. 2006-274) -HJ 01199
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
3/13/2006 House • Filed
3/14/2006 House • Introduced -HJ 00188
3/20/2006 House • Referred to Civil Justice (JC); Finance & Tax (FC); Justice Council -HJ 00264
3/24/2006 House • On Committee agenda-- Civil Justice (JC), 03/28/06, 10:15 am, 24-H
3/28/2006 House • Favorable by Civil Justice (JC); YEAS 5 NAYS 0 -HJ 00303; Now in Finance & Tax (FC) -HJ 00303
4/7/2006 House • On Committee agenda-- Finance & Tax (FC), 04/11/06, 9:30 am, 404-H
4/11/2006 House • Favorable with CS amendment by Finance & Tax (FC); YEAS 7 NAYS 0 -HJ 00419
4/12/2006 House • Pending review of CS under Rule 6.3(b)
4/13/2006 House • Now in Justice Council -HJ 00419
4/18/2006 House • On Council agenda-- Justice Council, 04/20/06, 2:45 pm, 404-H
4/20/2006 House • Favorable by- Justice Council; YEAS 9 NAYS 0 -HJ 00553; Placed on Calendar -HJ 00553
5/3/2006 House • Placed on Special Order Calendar; Substituted CS/SB 1956; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 1956 (Ch. 2006-274) -HJ 01199