Florida Senate - 2009                        COMMITTEE AMENDMENT
       Bill No. SB 1958
       
       
       
       
       
       
                                Barcode 944700                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  03/18/2009           .                                
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       The Committee on Judiciary (Gelber) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 119 and 120
    4  insert:
    5         Section 7. Paragraph (b) of subsection (1) of section
    6  736.1106, Florida Statutes, is amended to read:
    7         736.1106 Antilapse; survivorship with respect to future
    8  interests under terms of inter vivos and testamentary trusts;
    9  substitute takers.—
   10         (1) As used in this section, the term:
   11         (b) “Distribution date,” with respect to a future interest,
   12  means the time when the future interest is to take effect in
   13  possession or enjoyment. The distribution date need not occur at
   14  the beginning or end of a calendar day, but can occur at a time
   15  during the course of a day. The distribution date refers to the
   16  time at which the right to possession or enjoyment arises and is
   17  not necessarily the time at which any benefit of the right is
   18  realized.
   19  
   20  ================= T I T L E  A M E N D M E N T ================
   21         And the title is amended as follows:
   22         Delete line 18
   23  and insert:
   24  copy of a trust instrument; amending s. 736.1106, F.S.;
   25  clarifying the definition of the term “distribution date” to
   26  specify the time at which the right to possession or enjoyment
   27  arises; providing an effective