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Glossary of Legislative Terms

CS/CS/SB 724: Estates

GENERAL BILL by Banking and Insurance ; Judiciary ; Passidomo

Estates; Revising the circumstances under which the decedent’s property interest in the protected homestead is excluded from the elective estate; providing for the valuation of the decedent’s protected homestead under certain circumstances; requiring the payment of interest on any unpaid portion of a person’s required contribution toward the elective share with respect to certain property, etc.

Effective Date: 7/1/2017
 Last Action: 6/19/2017 - Chapter No. 2017-121
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
    2/6/2017 Senate • Filed
    2/16/2017 Senate • Referred to Judiciary; Banking and Insurance; Rules -SJ 89
    3/7/2017 Senate • Introduced -SJ 89
    3/9/2017 Senate • On Committee agenda-- Judiciary, 03/14/17, 2:00 pm, 110 Senate Office Building
    3/14/2017 Senate • CS by Judiciary; YEAS 9 NAYS 0 -SJ 233
    3/16/2017 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Banking and Insurance -SJ 233
    3/21/2017 Senate • CS by Judiciary read 1st time -SJ 236
    3/29/2017 Senate • On Committee agenda-- Banking and Insurance, 04/03/17, 4:00 pm, 110 Senate Office Building
    4/3/2017 Senate • CS/CS by Banking and Insurance; YEAS 9 NAYS 0 -SJ 300
    4/5/2017 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • CS/CS by Banking and Insurance read 1st time -SJ 301
    4/6/2017 Senate • Now in Rules -SJ 300
    4/7/2017 Senate • On Committee agenda-- Rules, 04/12/17, 5:00 pm, 110 Senate Office Building
    4/12/2017 Senate • Favorable by- Rules; YEAS 12 NAYS 0 -SJ 404
    4/13/2017 Senate • Placed on Calendar, on 2nd reading -SJ 404
    • Placed on Special Order Calendar, 04/18/17
    4/18/2017 Senate • Read 2nd time -SJ 421
    • Placed on 3rd reading
    4/19/2017 Senate • Read 3rd time -SJ 429
    • CS passed; YEAS 37 NAYS 0 -SJ 429
    • Immediately certified
    4/19/2017 House • In Messages
    4/24/2017 House • Referred to Calendar -HJ 794
    • Placed on Special Order Calendar, 04/27/17
    • Received -HJ 794
    4/27/2017 House • Substituted for CS/HB 267 -HJ 940
    • Read 2nd time -HJ 940
    • Placed on 3rd reading
    4/28/2017 House • Read 3rd time -HJ 975
    • CS passed; YEAS 117 NAYS 0 -HJ 976
    4/28/2017 Senate • Ordered enrolled
    6/5/2017 • Signed by Officers and presented to Governor
    6/16/2017 • Approved by Governor
    6/19/2017 • Chapter No. 2017-121

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  • CS/CS/SB 724, Enrolled (Current Bill Version) Posted 4/28/2017 at 2:13 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 267 (c1) Estates Berman Similar Last Action: 4/27/2017 H Laid on Table, companion bill(s) passed, see CS/CS/SB 724 (Ch. 2017-121) -HJ 940 Track This Bill

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    732.2025 Definitions. Page 2 (pdf)
    732.2035 Property entering into elective estate. Page 3 (pdf)
    732.2045 Exclusions and overlapping application. Page 7 (pdf)
    732.2055 Valuation of the elective estate. Page 8 (pdf)
    732.2075 Sources from which elective share payable; abatement. Page 10 (pdf)
    732.2085 Liability of direct recipients and beneficiaries. Page 11 (pdf)
    732.2095 Valuation of property used to satisfy elective share. Page 12 (pdf)
    732.2115 Protection of payors and other third parties. Page 15 (pdf)
    732.2135 Time of election; extensions; withdrawal. Page 15 (pdf)
    732.2145 Order of contribution; personal representative’s duty to collect contribution. Page 17 (pdf)
    732.2151 Page 17 (pdf)
    738.606 Property not productive of income. Page 18 (pdf)

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  • CS/CS/SB 724, Committee Substitute 2 Posted 4/5/2017 at 12:29 PM

    Bill Text:   Web Page | PDF
    Analyses:   Rules (Pre-Meeting) 4/11/2017 (pdf)
    Rules (Post-Meeting) 4/13/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 267 (c1) Estates Berman Similar Last Action: 4/27/2017 H Laid on Table, companion bill(s) passed, see CS/CS/SB 724 (Ch. 2017-121) -HJ 940 Track This Bill

    Committee Votes (1)

    Date Committee Result
    4/12/2017 5:00 PM Rules 12 Yeas - 0 Nays

    Floor Votes (2)

    Date Chamber Result
    4/19/2017 10:10 AM Senate 37 Yeas - 0 Nays
    4/28/2017 1:35 PM House 117 Yeas - 0 Nays

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    732.2025 Definitions. Page 2 (pdf)
    732.2035 Property entering into elective estate. Page 3 (pdf)
    732.2045 Exclusions and overlapping application. Page 7 (pdf)
    732.2055 Valuation of the elective estate. Page 8 (pdf)
    732.2075 Sources from which elective share payable; abatement. Page 10 (pdf)
    732.2085 Liability of direct recipients and beneficiaries. Page 11 (pdf)
    732.2095 Valuation of property used to satisfy elective share. Page 12 (pdf)
    732.2115 Protection of payors and other third parties. Page 15 (pdf)
    732.2135 Time of election; extensions; withdrawal. Page 15 (pdf)
    732.2145 Order of contribution; personal representative’s duty to collect contribution. Page 17 (pdf)
    732.2151 Page 17 (pdf)
    738.606 Property not productive of income. Page 18 (pdf)

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  • CS/SB 724, Committee Substitute 1 Posted 3/16/2017 at 3:51 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/31/2017 (pdf)
    Banking and Insurance (Post-Meeting) 4/5/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 267 (c1) Estates Berman Similar Last Action: 4/27/2017 H Laid on Table, companion bill(s) passed, see CS/CS/SB 724 (Ch. 2017-121) -HJ 940 Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    842814 - Amendment
    Delete lines 232 - 234 and insert:     		Banking and Insurance
    (Passidomo)     		3/31/2017
    2:56 PM     		Replaced by Committee Substitute
    4/3/2017     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    4/3/2017 4:00 PM Banking and Insurance 9 Yeas - 0 Nays

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    732.2025 Definitions. Page 2 (pdf)
    732.2035 Property entering into elective estate. Page 3 (pdf)
    732.2045 Exclusions and overlapping application. Page 7 (pdf)
    732.2055 Valuation of the elective estate. Page 8 (pdf)
    732.2075 Sources from which elective share payable; abatement. Page 10 (pdf)
    732.2085 Liability of direct recipients and beneficiaries. Page 11 (pdf)
    732.2095 Valuation of property used to satisfy elective share. Page 12 (pdf)
    732.2115 Protection of payors and other third parties. Page 15 (pdf)
    732.2135 Time of election; extensions; withdrawal. Page 15 (pdf)
    732.2145 Order of contribution; personal representative’s duty to collect contribution. Page 17 (pdf)
    732.2151 Page 17 (pdf)
    738.606 Property not productive of income. Page 18 (pdf)

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  • SB 724, Original Filed Version Posted 2/6/2017 at 2:09 PM

    Bill Text:   Web Page | PDF
    Analyses:   Judiciary (Pre-Meeting) 3/13/2017 (pdf)
    Judiciary (Post-Meeting) 3/16/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 267 (c1) Estates Berman Similar Last Action: 4/27/2017 H Laid on Table, companion bill(s) passed, see CS/CS/SB 724 (Ch. 2017-121) -HJ 940 Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    877786 - Amendment
    Delete lines 265 - 286.     		Judiciary
    (Passidomo)     		3/13/2017
    1:57 PM     		Replaced by Committee Substitute
    3/15/2017     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/14/2017 2:00 PM Judiciary 9 Yeas - 0 Nays

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    732.2025 Definitions. Page 2 (pdf)
    732.2035 Property entering into elective estate. Page 3 (pdf)
    732.2045 Exclusions and overlapping application. Page 7 (pdf)
    732.2055 Valuation of the elective estate. Page 8 (pdf)
    732.2065 Amount of the elective share. Page 10 (pdf)
    732.2075 Sources from which elective share payable; abatement. Page 10 (pdf)
    732.2085 Liability of direct recipients and beneficiaries. Page 12 (pdf)
    732.2095 Valuation of property used to satisfy elective share. Page 12 (pdf)
    732.2115 Protection of payors and other third parties. Page 16 (pdf)
    732.2135 Time of election; extensions; withdrawal. Page 16 (pdf)
    732.2145 Order of contribution; personal representative’s duty to collect contribution. Page 17 (pdf)
    732.2151 Page 18 (pdf)
    738.606 Property not productive of income. Page 19 (pdf)

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