OR HB2331 | 2015 | Regular Session

Status

Completed Legislative Action
Spectrum: Unknown
Status: Passed on June 1 2015 - 100% progression
Action: 2015-06-01 - Chapter 126, (2015 Laws): Effective date January 1, 2016.
Text: Latest bill text (Enrolled) [PDF]

Summary

Provides when interests of beneficiaries vest. Clarifies when trustee may or is required to divide trust into separate shares and when trustee may combine or divide trusts. Allows trustee to include capital gains in distributable net income under certain circumstances.

Tracking Information

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Title

Relating to the Oregon Uniform Trust Code.

Sponsors

No sponsor information available at this time.

Roll Calls

2015-05-12 - Senate - Senate Third Reading (Y: 28 N: 2 NV: 0 Abs: 0) [PASS]
2015-05-06 - Senate - Senate Committee Do pass (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
2015-02-23 - House - House Third Reading (Y: 59 N: 0 NV: 0 Abs: 1) [PASS]
2015-02-16 - House - House Committee Do Pass (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2015-06-01HouseChapter 126, (2015 Laws): Effective date January 1, 2016.
2015-05-21HouseGovernor signed.
2015-05-15SenatePresident signed.
2015-05-15HouseSpeaker signed.
2015-05-12SenateThird reading. Carried by Prozanski. Passed.Ayes, 28; nays, 2--Boquist, Thomsen.
2015-05-11SenateSecond reading.
2015-05-11SenateRecommendation: Do pass.
2015-05-06SenatePublic Hearing and Work Session held.
2015-02-26SenateReferred to Judiciary.
2015-02-24SenateFirst reading. Referred to President's desk.
2015-02-23HouseThird reading. Carried by Williamson. Passed.Ayes, 59; Excused, 1--Esquivel.
2015-02-20HouseSecond reading.
2015-02-19HouseRecommendation: Do pass.
2015-02-16HousePublic Hearing and Work Session held.
2015-01-16HouseReferred to Judiciary.
2015-01-12HouseFirst reading. Referred to Speaker's desk.

Oregon State Sources


Bill Comments

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