CS/CS/SB 262: Trusts
GENERAL BILL by Community Affairs ; Judiciary ; Berman
Trusts; Revising how an authorized trustee may exercise the power to invade principal as an authorized trustee administering a trust; providing that property devised to or from a revocable trust which is devised, given, or distributed to a donee by a settlor during the settlor’s lifetime is treated as a satisfaction of devise to that donee if certain criteria are met; providing that homestead property transferred by one or both settlor spouses to a community property trust will not be treated as a change of ownership for the purposes of reassessing the property, etc.
Effective Date: Upon becoming a law
Last Action: 4/29/2025 Senate - Ordered enrolled
Bill Text: Web Page | PDF
Last Action: 4/29/2025 Senate - Ordered enrolled
Bill Text: Web Page | PDF
Senate Committee References:
- Judiciary (JU)
- Community Affairs (CA)
- Rules (RC)
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Bill History
Date Chamber Action 1/14/2025 Senate • Filed
1/29/2025 Senate • Referred to Judiciary; Community Affairs; Rules
2/10/2025 Senate • On Committee agenda-- Judiciary, 02/18/25, 4:00 pm, 110 Senate Building
2/18/2025 Senate • CS by Judiciary; YEAS 9 NAYS 0
2/20/2025 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
2/21/2025 Senate • Now in Community Affairs
3/4/2025 Senate • Introduced
• CS by Judiciary read 1st time
3/6/2025 Senate • On Committee agenda-- Community Affairs, 03/11/25, 4:00 pm, 37 Senate Building
3/11/2025 Senate • CS/CS by Community Affairs; YEAS 7 NAYS 0
3/12/2025 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Rules
• CS/CS by Community Affairs read 1st time
3/14/2025 Senate • On Committee agenda-- Rules, 03/19/25, 11:30 am, 412 Knott Building
3/19/2025 Senate • Favorable by- Rules; YEAS 25 NAYS 0
• Placed on Calendar, on 2nd reading
3/25/2025 Senate • Placed on Special Order Calendar, 03/27/25
3/27/2025 Senate • Read 2nd time -SJ 277
• Read 3rd time -SJ 277
• CS passed; YEAS 36 NAYS 0 -SJ 277
• Immediately certified -SJ 279
3/27/2025 House • In Messages
4/28/2025 House • Bill referred to House Calendar
• Bill added to Special Order Calendar (4/29/2025)
• 1st Reading (Committee Substitute 2)
4/29/2025 House • Read 2nd time
• Placed on 3rd reading
• Added to Third Reading Calendar
• Read 3rd time
• CS passed; YEAS 114, NAYS 0
4/29/2025 Senate • Ordered enrolled
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CS/CS/SB 262, Enrolled (Current Bill Version) Posted 4/29/2025 at 2:47 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 385 (c2) Trusts Judiciary Committee Identical Last Action: 4/29/2025 H Laid on Table, refer to CS/CS/SB 262 
Citations - Statutes (6)
Citation Catchline Location in Bill Location In Bill Help 736.04117 Trustee’s power to invade principal in trust. Page 2 (pdf) 736.08125 Protection of successor trustees. Page 6 (pdf) 736.10085 Page 6 (pdf) 736.1110 Page 6 (pdf) 736.1502 Definitions. Page 7 (pdf) 736.151 Homestead property. Page 8 (pdf) -
CS/CS/SB 262, Committee Substitute 2 Posted 3/12/2025 at 2:47 PM
Bill Text: Web Page | PDF Analyses: Rules (Pre-Meeting) 3/18/2025 (pdf)
Rules (Post-Meeting) 3/19/2025 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 385 (c2) Trusts Judiciary Committee Identical Last Action: 4/29/2025 H Laid on Table, refer to CS/CS/SB 262
Committee Votes (1)
Date Committee Result 3/19/2025 11:30 AM Rules 25 Yeas - 0 Nays Floor Votes (2)
Date Chamber Result 3/27/2025 10:28 AM Senate 36 Yeas - 0 Nays 4/29/2025 1:13 PM House 114 Yeas - 0 Nays Citations - Statutes (6)
Citation Catchline Location in Bill Location In Bill Help 736.04117 Trustee’s power to invade principal in trust. Page 2 (pdf) 736.08125 Protection of successor trustees. Page 6 (pdf) 736.10085 Page 6 (pdf) 736.1110 Page 6 (pdf) 736.1502 Definitions. Page 7 (pdf) 736.151 Homestead property. Page 8 (pdf) -
CS/SB 262, Committee Substitute 1 Posted 2/20/2025 at 8:13 AM
Bill Text: Web Page | PDF Analyses: Community Affairs (Pre-Meeting) 3/10/2025 (pdf)
Community Affairs (Post-Meeting) 3/12/2025 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 385 (c1) Trusts Judiciary Committee Identical Last Action: 4/29/2025 H Laid on Table, refer to CS/CS/SB 262
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 488748 - Amendment
Delete lines 58 - 140 and insert:Community Affairs
(Berman)3/10/2025
3:04 PMReplaced by Committee Substitute
3/12/2025Web Page
PDFCommittee Votes (1)
Date Committee Result 3/11/2025 4:00 PM Community Affairs 7 Yeas - 0 Nays Citations - Statutes (6)
Citation Catchline Location in Bill Location In Bill Help 736.04117 Trustee’s power to invade principal in trust. Page 2 (pdf) 736.08125 Protection of successor trustees. Page 6 (pdf) 736.10085 Page 6 (pdf) 736.1110 Page 6 (pdf) 736.1502 Definitions. Page 7 (pdf) 736.151 Homestead property. Page 8 (pdf) -
SB 262, Original Filed Version Posted 1/14/2025 at 5:14 PM
Bill Text: Web Page | PDF Analyses: Judiciary (Pre-Meeting) 2/17/2025 (pdf)
Judiciary (Post-Meeting) 2/20/2025 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 385 Trusts Judiciary Committee Identical Last Action: 4/29/2025 H Laid on Table, refer to CS/CS/SB 262
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 762740 - Amendment
Delete lines 146 - 222 and insert:Judiciary
(Berman)2/17/2025
3:12 PMReplaced by Committee Substitute
2/18/2025Web Page
PDFCommittee Votes (1)
Date Committee Result 2/18/2025 4:00 PM Judiciary 9 Yeas - 0 Nays Citations - Statutes (6)
Citation Catchline Location in Bill Location In Bill Help 736.04117 Trustee’s power to invade principal in trust. Page 2 (pdf) 736.08125 Protection of successor trustees. Page 6 (pdf) 736.10085 Page 6 (pdf) 736.1110 Page 6 (pdf) 736.1502 Definitions. Page 7 (pdf) 736.151 Homestead property. Page 8 (pdf)