MD HB50 | 2025 | Regular Session
Note: Carry Foward to future HB185
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 8 2025 - 25% progression, died in chamber
Action: 2025-02-17 - Withdrawn by Sponsor
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 8 2025 - 25% progression, died in chamber
Action: 2025-02-17 - Withdrawn by Sponsor
Text: Latest bill text (Introduced) [PDF]
Summary
Adding to the conditions under which an individual who creates a trust may not be considered the settlor of that trust with regard to the individual's interest in the trust; and providing that a creditor may not attach, exercise, reach, or otherwise compel distribution of certain trust assets.
Title
Estates and Trusts - Spousal Lifetime Access Trusts
Sponsors
| Del. Jon Cardin [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-02-17 | House | Withdrawn by Sponsor |
| 2025-01-10 | House | Hearing 1/22 at 1:00 p.m. |
| 2025-01-08 | House | First Reading Judiciary |
| 2024-10-31 | House | Pre-filed |
Same As/Similar To
HB50 (Carry Over) 2025-02-17 - Withdrawn by Sponsor
SB12 (Crossfiled) 2025-03-10 - Withdrawn by Sponsor
SB12 (Crossfiled) 2025-03-10 - Withdrawn by Sponsor
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Estates and Trusts | 5 | 1003 | (n/a) | See Bill Text |
