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CS/CS/HB 501: Estates and Trusts

GENERAL BILL by General Government Policy Council ; Insurance, Business, and Financial Affairs Policy Committee ; Hukill ; (CO-INTRODUCERS) Schwartz

Estates and Trusts; Provides additional delegable investment functions for fiduciaries relating to life insurance contract administration; revises notice requirements & criteria for delegation by fiduciary of investment functions to investment agent; specifies activities trustees are under no duty to undertake relating to administration of specified contracts for life insurance, etc.

Effective Date: Upon becoming law
Last Action: 4/27/2010 House - Placed on Special Order Calendar; Substituted CS/CS/SB 926; Laid on Table, companion bill(s) passed, see CS/CS/SB 926 (Ch. 2010-172) -HJ 01166
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    12/16/2009 House • Filed
    1/15/2010 House • Referred to Insurance, Business, & Financial Affairs Policy (GGPC); Civil Justice & Courts Policy (CCJP); General Government Policy Council
    2/10/2010 House • On Committee agenda-- Insurance, Business, & Financial Affairs Policy (GGPC), 02/17/10, 2:45 pm, Webster Hall --Temporarily deferred
    3/1/2010 House • On Committee agenda-- Insurance, Business, & Financial Affairs Policy (GGPC), 03/03/10, 2:00 pm, Webster Hall
    3/2/2010 House • Introduced, referred to Insurance, Business, & Financial Affairs Policy (GGPC); Civil Justice & Courts Policy (CCJP); General Government Policy Council -HJ 00047; On Committee agenda-- Insurance, Business, & Financial Affairs Policy (GGPC), 02/17/10, 2:45 pm, Webster Hall --Temporarily deferred; On Committee agenda-- Insurance, Business, & Financial Affairs Policy (GGPC), 03/03/10, 2:00 pm, Webster Hall
    3/3/2010 House • CS by Insurance, Business, & Financial Affairs Policy (GGPC); YEAS 12 NAYS 1 -HJ 00222
    3/5/2010 House • CS read 1st time on 03/05/10 -HJ 00221; Pending review of CS under Rule 7.20
    3/8/2010 House • Now in Civil Justice & Courts Policy (CCJP) -HJ 00225
    3/12/2010 House • On Committee agenda-- Civil Justice & Courts Policy (CCJP), 03/16/10, 8:00 am, Reed Hall
    3/16/2010 House • Favorable by Civil Justice & Courts Policy (CCJP); YEAS 12 NAYS 0 -HJ 00302; Now in General Government Policy Council -HJ 00302
    4/7/2010 House • On Council agenda-- General Government Policy Council, 04/09/10, 11:45 am, Morris Hall
    4/9/2010 House • CS/CS by- General Government Policy Council; YEAS 14 NAYS 0 -HJ 00676
    4/13/2010 House • CS read 1st time on 04/13/10 -HJ 00672; Pending review of CS -under Rule 7.20; Placed on Calendar -HJ 00675
    4/27/2010 House • Placed on Special Order Calendar; Substituted CS/CS/SB 926; Laid on Table, companion bill(s) passed, see CS/CS/SB 926 (Ch. 2010-172) -HJ 01166

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  • CS/CS/HB 501, Committee Substitute 2 (Current Bill Version) Posted 4/13/2010 at 8:31 AM

    Bill Text:   Web Page | PDF
    Analyses:   General Government Policy Council (Post-Meeting) (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 926 (c2) Richter Similar Last Action: 6/1/2010 Approved by Governor; Chapter No. 2010-172
    Location:

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    518.112 Delegation of investment functions.
    736.0902

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  • CS/HB 501, Committee Substitute 1 Posted 3/5/2010 at 10:24 AM

  • HB 501, Original Filed Version Posted 12/16/2009 at 8:41 AM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance, Business, and Financial Affairs Policy Committee (Post-Meeting) (pdf)

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    518.112 Delegation of investment functions.
    736.0902

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