CS/HB 1183: Administration of Trusts
GENERAL BILL by Safety & Security Council ; Hooper
Administration of Trusts; limits definition of term "land trust" to arrangement in which title to real property is vested in trustee by recorded instrument that confers certain authority as prescribed by state law; excludes trusts from guidelines re administration & judicial proceedings; limits ability of creditors or assignees of beneficiary to reach beneficiary's interest in trust; clarifies use of income interest of trust, etc. Amends Chs. 689.071, 731.201,.303, 736.
Effective Date: 07/01/2007
Last Action: 5/4/2007 House - Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/HB 743 (Ch. 2007-153)
Bill Text: Web Page | PDF
Last Action: 5/4/2007 House - Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/HB 743 (Ch. 2007-153)
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 2/27/2007 House • Filed
3/5/2007 House • Referred to Safety & Security Council
3/6/2007 House • Introduced, referred to Safety & Security Council -HJ 00084
3/7/2007 House • Referred to Constitution & Civil Law (SS) by Safety & Security Council -HJ 00176
3/12/2007 House • On Committee agenda-- Constitution & Civil Law (SS), 03/14/07, 8:30 am, 12-H
3/14/2007 House • Favorable with 2 amendment(s) by Constitution & Civil Law (SS); YEAS 6 NAYS 0 -HJ 00216; Now in Safety & Security Council -HJ 00216
4/9/2007 House • On Council agenda-- Safety & Security Council, 04/11/07, 8:00 am, Reed Hall
4/11/2007 House • CS by- Safety & Security Council; YEAS 14 NAYS 0 -HJ 00453
4/13/2007 House • CS read 1st time on 04/13/07 -HJ 00451; CS filed
4/16/2007 House • Placed on Calendar -HJ 00492
5/4/2007 House • Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/HB 743 (Ch. 2007-153)
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CS/HB 1183, Committee Substitute 1 (Current Bill Version) Posted 4/13/2007 at 3:08 PM
Bill Text: Web Page | PDF Analyses: Safety & Security Council (Post-Meeting) (pdf)
Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location S 2218 (c2) Trusts [EPCC] Posey Similar Last Action: 4/30/2007 S Placed on Special Order Calendar; Substituted CS/HB 743 -SJ 00730; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/HB 743 (Ch. 2007-153) -SJ 00730
Location:S 2606 Administration of Trusts [LPCC] Aronberg Similar Last Action: 5/4/2007 S Died in Committee on Judiciary, Link/Iden/Sim/Compare passed, refer to CS/HB 743 (Ch. 2007-153)
Location:H 743 (e2) Hukill Compare Last Action: 6/15/2007 Approved by Governor; Chapter No. 2007-153
Location:Floor Amendments (1)
Amendment Sponsor Filed Last Floor Action Format 213625 - Amendment
Frishe 4/17/2007
9:03 AMWeb Page
PDFCitations - Statutes (15)
Citation Catchline Location in Bill Location In Bill Help 689.071 Florida Land Trust Act. 731.201 General definitions. 731.303 Representation. 736.0102 Scope. 736.0501 Rights of beneficiary's creditor or assignee. 736.0502 Spendthrift provision. 736.0503 Exceptions to spendthrift provision. 736.0504 Discretionary trusts; effect of standard. 736.0813 Duty to inform and account. 736.1001 Remedies for breach of trust. 736.1008 Limitations on proceedings against trustees. 736.1011 Exculpation of trustee. 736.1106 Antilapse; survivorship with respect to future interests under terms of inter vivos and testamentary trusts; substitute takers. 736.1204 Powers and duties of trustee of a private foundation trust or a split interest trust. 736.1209 Election to come under this part. -
HB 1183, Original Filed Version Posted 2/27/2007 at 4:03 PM
Bill Text: Web Page | PDF Analyses: Committee on Constitution & Civil Law (Post-Meeting) (pdf)
Committee on Constitution & Civil Law (Post-Meeting) (pdf)
Safety & Security Council (Post-Meeting) (pdf)
Citations - Statutes (14)
Citation Catchline Location in Bill Location In Bill Help 689.071 Florida Land Trust Act. 731.303 Representation. 736.0102 Scope. 736.0501 Rights of beneficiary's creditor or assignee. 736.0502 Spendthrift provision. 736.0503 Exceptions to spendthrift provision. 736.0504 Discretionary trusts; effect of standard. 736.0813 Duty to inform and account. 736.1001 Remedies for breach of trust. 736.1008 Limitations on proceedings against trustees. 736.1011 Exculpation of trustee. 736.1106 Antilapse; survivorship with respect to future interests under terms of inter vivos and testamentary trusts; substitute takers. 736.1204 Powers and duties of trustee of a private foundation trust or a split interest trust. 736.1209 Election to come under this part.