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Glossary of Legislative Terms

SB 1000: Trust Fund Interest for Purposes Approved by the Supreme Court

GENERAL BILL by Grall

Trust Fund Interest for Purposes Approved by the Supreme Court; Authorizing financial institutions to hold funds in specified trust accounts used for specified purposes expressly authorized by Supreme Court rule; requiring certain entities to use interest and dividends for specified purposes; requiring certain financial institutions to pay specified interest or dividends, etc.

Effective Date: 7/1/2026
Last Action: 2/12/2026 Senate - On Committee agenda-- Rules, 02/17/26, 12:00 pm, 412 Knott Building
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
12/23/2025 Senate • Filed
1/7/2026 Senate • Referred to Judiciary; Banking and Insurance; Rules
1/13/2026 Senate • Introduced
1/22/2026 Senate • On Committee agenda-- Judiciary, 01/27/26, 1:00 pm, 110 Senate Building
1/27/2026 Senate • Favorable by Judiciary; YEAS 10 NAYS 0
• Now in Banking and Insurance
1/30/2026 Senate • On Committee agenda-- Banking and Insurance, 02/04/26, 10:30 am, 412 Knott Building
2/4/2026 Senate • Favorable by Banking and Insurance; YEAS 9 NAYS 0
• Now in Rules
2/12/2026 Senate • On Committee agenda-- Rules, 02/17/26, 12:00 pm, 412 Knott Building