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The Florida Senate

CS/SB 1172: Land Trusts

GENERAL BILL by Judiciary ; Simmons

Land Trusts; Providing requirements relating to vesting of ownership in a trustee; prohibiting the operation of the statute of uses to execute a land trust or to vest the trust property under certain conditions; prohibiting the operation of the doctrine of merger to execute a land trust or to vest the trust property under certain conditions; providing that a trustee’s legal and equitable title to the trust property is separate and distinct from the beneficiary’s beneficial interest in the land trust and the trust property; revising and providing scope of the Florida Trust Code, etc.

Effective Date: Upon becoming a law
Last Action: 4/25/2013 Senate - Laid on Table, companion bill(s) passed, see CS/CS/HB 229 (Ch. 2013-240) -SJ 607
Bill Text: Web Page | PDF
Senate Committee References:
  1. Judiciary (JU)
  2. Banking and Insurance (BI)
  3. Rules (RC)



Bill History

Date Chamber Action
2/25/2013 Senate • Filed
3/1/2013 Senate • Referred to Judiciary; Banking and Insurance; Rules -SJ 87
3/5/2013 Senate • Introduced -SJ 87
3/7/2013 Senate • On Committee agenda-- Judiciary, 03/12/13, 2:00 pm, 110 Senate Office Building
3/12/2013 Senate • CS by Judiciary; YEAS 9 NAYS 0 -SJ 209
3/13/2013 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
3/14/2013 Senate • Now in Banking and Insurance -SJ 209
3/18/2013 Senate • CS by Judiciary read 1st time -SJ 217
3/28/2013 Senate • On Committee agenda-- Banking and Insurance, 04/02/13, 12:30 pm, 110 Senate Office Building
4/2/2013 Senate • Favorable by Banking and Insurance; YEAS 10 NAYS 0
4/3/2013 Senate • Now in Rules -SJ 278
4/4/2013 Senate • On Committee agenda-- Rules, 04/09/13, 9:00 am, 110 Senate Office Building --Not Considered
4/12/2013 Senate • On Committee agenda-- Rules, 04/17/13, 2:30 pm, 110 Senate Office Building
4/17/2013 Senate • Favorable by- Rules; YEAS 13 NAYS 0 -SJ 480
4/18/2013 Senate • Placed on Calendar, on 2nd reading -SJ 480
4/19/2013 Senate • Placed on Special Order Calendar, 04/25/13
4/25/2013 Senate • Read 2nd time -SJ 606
• Amendment(s) adopted (181820) -SJ 607
• Substituted CS/CS/HB 229 -SJ 607
• Laid on Table, companion bill(s) passed, see CS/CS/HB 229 (Ch. 2013-240) -SJ 607