CS/SB 1238: Family Trust Companies
GENERAL BILL by Banking and Insurance ; Richter
Family Trust Companies; Citing this act as the “Florida Family Trust Company Act”; providing for the calculation of kinship; exempting a family trust company or foreign licensed family trust company from licensure; specifying the maximum number of designated relatives allowed for a family trust company and a licensed family trust company; requiring that licensed family trust companies procure and maintain fidelity bonds or specified minimum capital account and errors and omissions insurance; prohibiting certain activities on the part of family trust companies, etc.
Effective Date: 10/1/2015
Last Action: 6/13/2014 - Chapter No. 2014-97, companion bill(s) passed, see CS/CS/SB 1320 (Ch. 2014-102)
Bill Text: Web Page | PDF
Last Action: 6/13/2014 - Chapter No. 2014-97, companion bill(s) passed, see CS/CS/SB 1320 (Ch. 2014-102)
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Judiciary (JU)
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Bill History
Date Chamber Action 2/25/2014 Senate • Filed
2/28/2014 Senate • Referred to Banking and Insurance; Judiciary -SJ 100
3/4/2014 Senate • Introduced -SJ 100
3/20/2014 Senate • On Committee agenda-- Banking and Insurance, 03/25/14, 2:00 pm, 110 Senate Office Building
3/25/2014 Senate • CS by Banking and Insurance; YEAS 12 NAYS 0 -SJ 356
3/26/2014 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
3/31/2014 Senate • Now in Judiciary -SJ 356
4/1/2014 Senate • CS by Banking and Insurance read 1st time -SJ 368
4/3/2014 Senate • On Committee agenda-- Judiciary, 04/08/14, 9:00 am, 110 Senate Office Building
4/8/2014 Senate • Favorable by- Judiciary; YEAS 9 NAYS 0 -SJ 459
• Placed on Calendar, on 2nd reading -SJ 459
4/11/2014 Senate • Placed on Special Order Calendar, 04/23/14
4/23/2014 Senate • Read 2nd time -SJ 569
• Amendment(s) adopted (150990) -SJ 569
• Ordered engrossed -SJ 569
• Placed on 3rd reading
4/25/2014 Senate • Read 3rd time -SJ 642
• CS passed as amended; YEAS 38 NAYS 0 -SJ 642
• Immediately certified -SJ 648
4/25/2014 House • In Messages
4/28/2014 House • Referred to Calendar -HJ 830
• Placed on Special Order Calendar, 04/29/14
• Received -HJ 829
4/29/2014 House • Read 2nd time -HJ 852
• Substituted for CS/CS/CS/HB 1267 -HJ 853
• Placed on 3rd reading
4/30/2014 House • Read 3rd time -HJ 893
• CS passed; YEAS 112 NAYS 1 -HJ 893
4/30/2014 Senate • Ordered enrolled -SJ 880
6/5/2014 • Signed by Officers and presented to Governor
6/13/2014 • Approved by Governor
• Chapter No. 2014-97, companion bill(s) passed, see CS/CS/SB 1320 (Ch. 2014-102)
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CS/SB 1238, Enrolled (Current Bill Version) Posted 4/30/2014 at 3:21 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1320 (er) Public Records/Office of Financial Regulation Richter Linked Last Action: 6/13/2014 Chapter No. 2014-102, companion bill(s) passed, see CS/SB 1238 (Ch. 2014-97)
Location: Became Law
H 1267 (c3) Family Trust Companies McBurney Similar Last Action: 4/29/2014 H Laid on Table, companion bill(s) passed, see CS/SB 1238 (Ch. 2014-97), CS/CS/SB 1320 (Ch. 2014-102) -HJ 853
Location: Laid on Table
H 1269 (c3) Public Records McBurney Compare Last Action: 4/29/2014 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1320 (Ch. 2014-102), CS/SB 1238 (Ch. 2014-97) -HJ 853
Location: Laid on Table
Citations - Statutes (38)
Citation Catchline Location in Bill Location In Bill Help 120.80 Exceptions and special requirements; agencies. Page 53 (pdf) 655.005 Definitions. Page 5 (pdf) 662.10 Page 6 (pdf) 662.102 Page 6 (pdf) 662.111 Page 7 (pdf) 662.112 Page 12 (pdf) 662.114 Page 12 (pdf) 662.115 Page 13 (pdf) 662.120 Page 13 (pdf) 662.121 Page 14 (pdf) 662.1215 Page 16 (pdf) 662.122 Page 18 (pdf) 662.1225 Page 20 (pdf) 662.123 Page 21 (pdf) 662.124 Page 22 (pdf) 662.125 Page 23 (pdf) 662.126 Page 24 (pdf) 662.127 Page 25 (pdf) 662.128 Page 26 (pdf) 662.129 Page 28 (pdf) 662.130 Page 28 (pdf) 662.131 Page 30 (pdf) 662.132 Page 31 (pdf) 662.133 Page 36 (pdf) 662.134 Page 36 (pdf) 662.135 Page 36 (pdf) 662.140 Page 36 (pdf) 662.141 Page 37 (pdf) 662.142 Page 39 (pdf) 662.143 Page 40 (pdf) 662.144 Page 43 (pdf) 662.145 Page 44 (pdf) 662.146 Page 47 (pdf) 662.147 Page 50 (pdf) 662.150 Page 51 (pdf) 662.151 Page 52 (pdf) 736.0802 Duty of loyalty. Page 55 (pdf) 744.351 Bond of guardian. Page 57 (pdf) -
CS/SB 1238, Engrossed 1 Posted 4/23/2014 at 1:49 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1320 (c2) Public Records/Office of Financial Regulation Richter Linked Last Action: 6/13/2014 Chapter No. 2014-102, companion bill(s) passed, see CS/SB 1238 (Ch. 2014-97)
Location: Became Law
H 1267 (c3) Family Trust Companies McBurney Similar Last Action: 4/29/2014 H Laid on Table, companion bill(s) passed, see CS/SB 1238 (Ch. 2014-97), CS/CS/SB 1320 (Ch. 2014-102) -HJ 853
Location: Laid on Table
H 1269 (c3) Public Records McBurney Compare Last Action: 4/29/2014 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1320 (Ch. 2014-102), CS/SB 1238 (Ch. 2014-97) -HJ 853
Location: Laid on Table
Floor Votes (2)
Date Chamber Result 4/25/2014 10:31 AM Senate 38 Yeas - 0 Nays 4/30/2014 2:39 PM House 112 Yeas - 1 Nays Citations - Statutes (38)
Citation Catchline Location in Bill Location In Bill Help 120.80 Exceptions and special requirements; agencies. Page 53 (pdf) 655.005 Definitions. Page 5 (pdf) 662.10 Page 6 (pdf) 662.102 Page 6 (pdf) 662.111 Page 7 (pdf) 662.112 Page 12 (pdf) 662.114 Page 12 (pdf) 662.115 Page 13 (pdf) 662.120 Page 13 (pdf) 662.121 Page 14 (pdf) 662.1215 Page 16 (pdf) 662.122 Page 18 (pdf) 662.1225 Page 20 (pdf) 662.123 Page 21 (pdf) 662.124 Page 22 (pdf) 662.125 Page 23 (pdf) 662.126 Page 24 (pdf) 662.127 Page 25 (pdf) 662.128 Page 26 (pdf) 662.129 Page 28 (pdf) 662.130 Page 28 (pdf) 662.131 Page 30 (pdf) 662.132 Page 31 (pdf) 662.133 Page 36 (pdf) 662.134 Page 36 (pdf) 662.135 Page 36 (pdf) 662.140 Page 36 (pdf) 662.141 Page 37 (pdf) 662.142 Page 39 (pdf) 662.143 Page 40 (pdf) 662.144 Page 43 (pdf) 662.145 Page 44 (pdf) 662.146 Page 47 (pdf) 662.147 Page 50 (pdf) 662.150 Page 51 (pdf) 662.151 Page 52 (pdf) 736.0802 Duty of loyalty. Page 55 (pdf) 744.351 Bond of guardian. Page 57 (pdf) -
CS/SB 1238, Committee Substitute 1 Posted 3/26/2014 at 4:36 PM
Bill Text: Web Page | PDF Analyses: Judiciary (Pre-Meeting) 4/7/2014 (pdf)
Judiciary (Post-Meeting) 4/8/2014 (pdf)
Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1320 (c2) Public Records/Office of Financial Regulation Richter Linked Last Action: 6/13/2014 Chapter No. 2014-102, companion bill(s) passed, see CS/SB 1238 (Ch. 2014-97)
Location: Became Law
H 1267 (c3) Family Trust Companies McBurney Similar Last Action: 4/29/2014 H Laid on Table, companion bill(s) passed, see CS/SB 1238 (Ch. 2014-97), CS/CS/SB 1320 (Ch. 2014-102) -HJ 853
Location: Laid on Table
H 1269 (c3) Public Records McBurney Compare Last Action: 4/29/2014 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1320 (Ch. 2014-102), CS/SB 1238 (Ch. 2014-97) -HJ 853
Location: Laid on Table
Floor Amendments (1)
Amendment Sponsor Filed Last Floor Action Format 150990 - Amendment
Delete lines 1053 - 1054 and insert:Richter 4/21/2014
2:29 PMSenate: Adopted
4/23/2014Web Page
PDFCommittee Votes (1)
Date Committee Result 4/8/2014 9:00 AM Judiciary 9 Yeas - 0 Nays Citations - Statutes (38)
Citation Catchline Location in Bill Location In Bill Help 120.80 Exceptions and special requirements; agencies. Page 53 (pdf) 655.005 Definitions. Page 5 (pdf) 662.10 Page 6 (pdf) 662.102 Page 6 (pdf) 662.111 Page 7 (pdf) 662.112 Page 12 (pdf) 662.114 Page 12 (pdf) 662.115 Page 13 (pdf) 662.120 Page 13 (pdf) 662.121 Page 14 (pdf) 662.1215 Page 16 (pdf) 662.122 Page 18 (pdf) 662.1225 Page 20 (pdf) 662.123 Page 21 (pdf) 662.124 Page 22 (pdf) 662.125 Page 23 (pdf) 662.126 Page 24 (pdf) 662.127 Page 25 (pdf) 662.128 Page 26 (pdf) 662.129 Page 28 (pdf) 662.130 Page 28 (pdf) 662.131 Page 30 (pdf) 662.132 Page 31 (pdf) 662.133 Page 36 (pdf) 662.134 Page 36 (pdf) 662.135 Page 36 (pdf) 662.140 Page 36 (pdf) 662.141 Page 37 (pdf) 662.142 Page 39 (pdf) 662.143 Page 40 (pdf) 662.144 Page 43 (pdf) 662.145 Page 43 (pdf) 662.146 Page 47 (pdf) 662.147 Page 50 (pdf) 662.150 Page 51 (pdf) 662.151 Page 52 (pdf) 736.0802 Duty of loyalty. Page 55 (pdf) 744.351 Bond of guardian. Page 57 (pdf) -
SB 1238, Original Filed Version Posted 2/25/2014 at 8:47 AM
Bill Text: Web Page | PDF Analyses: Banking and Insurance (Pre-Meeting) 3/24/2014 (pdf)
Banking and Insurance (Post-Meeting) 3/26/2014 (pdf)
Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1320 (c1) Public Records/Office of Financial Regulation Richter Linked Last Action: 6/13/2014 Chapter No. 2014-102, companion bill(s) passed, see CS/SB 1238 (Ch. 2014-97)
Location: Became Law
H 1267 (c1) Family Trust Companies McBurney Similar Last Action: 4/29/2014 H Laid on Table, companion bill(s) passed, see CS/SB 1238 (Ch. 2014-97), CS/CS/SB 1320 (Ch. 2014-102) -HJ 853
Location: Laid on Table
H 1269 (c1) Pub. Rec./Family Trust Companies/OFR McBurney Compare Last Action: 4/29/2014 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1320 (Ch. 2014-102), CS/SB 1238 (Ch. 2014-97) -HJ 853
Location: Laid on Table
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 754404 - Amendment (Delete All)
Delete everything after the enacting clause and insert:Banking and Insurance
(Richter)3/24/2014
10:42 AMReplaced by Committee Substitute
3/25/2014Web Page
PDFCommittee Votes (1)
Date Committee Result 3/25/2014 2:00 PM Banking and Insurance 12 Yeas - 0 Nays Citations - Statutes (38)
Citation Catchline Location in Bill Location In Bill Help 120.80 Exceptions and special requirements; agencies. Page 52 (pdf) 662.10 Page 5 (pdf) 662.102 Page 6 (pdf) 662.111 Page 6 (pdf) 662.112 Page 12 (pdf) 662.113 Page 12 (pdf) 662.114 Page 12 (pdf) 662.115 Page 12 (pdf) 662.120 Page 13 (pdf) 662.121 Page 13 (pdf) 662.1215 Page 15 (pdf) 662.122 Page 17 (pdf) 662.1225 Page 19 (pdf) 662.123 Page 21 (pdf) 662.124 Page 22 (pdf) 662.125 Page 22 (pdf) 662.126 Page 24 (pdf) 662.127 Page 25 (pdf) 662.128 Page 25 (pdf) 662.129 Page 27 (pdf) 662.130 Page 28 (pdf) 662.131 Page 30 (pdf) 662.132 Page 30 (pdf) 662.133 Page 35 (pdf) 662.134 Page 36 (pdf) 662.135 Page 36 (pdf) 662.140 Page 36 (pdf) 662.141 Page 36 (pdf) 662.142 Page 39 (pdf) 662.143 Page 40 (pdf) 662.144 Page 42 (pdf) 662.145 Page 43 (pdf) 662.146 Page 46 (pdf) 662.147 Page 49 (pdf) 662.150 Page 50 (pdf) 662.151 Page 51 (pdf) 736.0802 Duty of loyalty. Page 54 (pdf) 744.351 Bond of guardian. Page 56 (pdf)
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