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Glossary of Legislative Terms

CS/SB 630: Transfers to Minors

GENERAL BILL by Banking and Insurance ; Joyner

Transfers to Minors; Specifying that certain transfers from a trust are considered as having been made directly by the grantor of the trust; authorizing custodianships established by irrevocable gift and by irrevocable exercise of power of appointment to terminate when a minor attains the age of 25, subject to the minor’s right in such custodianships to compel distribution of the property upon attaining the age of 21, etc.

Effective Date: 7/1/2015
 Last Action: 4/27/2015 Senate - Laid on Table, companion bill(s) passed, see HB 283 (Ch. 2015-140) -SJ 678
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
2/3/2015 Senate • Filed
2/6/2015 Senate • Referred to Judiciary; Banking and Insurance; Rules -SJ 75
2/26/2015 Senate • On Committee agenda-- Judiciary, 03/03/15, 4:00 pm, 110 Senate Office Building
3/3/2015 Senate • Introduced -SJ 75
• Favorable by Judiciary; YEAS 10 NAYS 0 -SJ 190
3/4/2015 Senate • Now in Banking and Insurance -SJ 190
3/12/2015 Senate • On Committee agenda-- Banking and Insurance, 03/17/15, 9:00 am, 110 Senate Office Building
3/17/2015 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 221
3/18/2015 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• CS by Banking and Insurance read 1st time -SJ 222
3/19/2015 Senate • Now in Rules -SJ 221
3/23/2015 Senate • On Committee agenda-- Rules, 03/26/15, 9:00 am, 110 Senate Office Building
3/26/2015 Senate • Favorable by- Rules; YEAS 12 NAYS 0 -SJ 259
• Placed on Calendar, on 2nd reading -SJ 259
4/21/2015 Senate • Placed on Special Order Calendar, 04/24/15
4/24/2015 Senate • Read 2nd time -SJ 610
• Placed on 3rd reading
4/27/2015 Senate • Read 3rd time -SJ 678
• Substituted HB 283 -SJ 678
• Laid on Table, companion bill(s) passed, see HB 283 (Ch. 2015-140) -SJ 678