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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)

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  • 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

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  • CS/SB 1172, Committee Substitute 1 (Current Bill Version) Posted 3/13/2013 at 12:26 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 4/1/2013 (pdf)
    Banking and Insurance (Post-Meeting) 4/2/2013 (pdf)
    Rules (Pre-Meeting) 4/5/2013 (pdf)
    Rules (Post-Meeting) 4/17/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 229 (er) Land Trusts Rodriguez Similar Last Action: 7/1/2013 Chapter No. 2013-240
    Location: Became Law

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    181820 - Amendment
    Delete lines 513 - 522 and insert:
    Simmons 4/22/2013
    7:57 PM
    Senate: Adopted
    4/25/2013
    Web Page
    PDF

    Committee Votes (2)

    Date Committee Result
    4/2/2013 12:30 PM Banking and Insurance 10 Yeas - 0 Nays
    4/17/2013 2:30 PM Rules 13 Yeas - 0 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    689.071 Florida Land Trust Act. Page 2 (pdf), Page 5 (pdf)
    689.073 Page 2 (pdf)
    736.0102 Scope. Page 20 (pdf)

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  • SB 1172, Original Filed Version Posted 2/25/2013 at 1:52 PM

    Bill Text:   Web Page | PDF
    Analyses:   Judiciary (Pre-Meeting) 3/11/2013 (pdf)
    Judiciary (Post-Meeting) 3/13/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 229 (c1) Land Trusts Rodriguez Identical Last Action: 7/1/2013 Chapter No. 2013-240
    Location: Became Law

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    297084 - Amendment
    Delete lines 110 - 113 and insert:
    Judiciary
    (Latvala)
    3/11/2013
    2:11 PM
    Replaced by Committee Substitute
    3/13/2013
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/12/2013 2:00 PM Judiciary 9 Yeas - 0 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    689.071 Florida Land Trust Act. Page 2 (pdf), Page 5 (pdf)
    689.073 Page 2 (pdf)
    736.0102 Scope. Page 20 (pdf)

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