VA HB332 | 2024 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 2 2024 - 100% progression
Action: 2024-04-02 - Governor: Acts of Assembly Chapter text (CHAP0282)
Text: Latest bill text (Chaptered) [HTML]

Summary

Termination of trust; notice requirements. Provides that a trustee seeking to terminate a trust consisting of trust property that has a total value of less than $100,000 may do so without a court order, provided that the trustee sends notice, as specified in the bill, to any qualified beneficiaries or cotrustees.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Termination of trust; notice requirements.

Sponsors


Roll Calls

2024-02-21 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-20 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-19 - Senate - Senate: Reported from Courts of Justice (11-Y 0-N) (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
2024-01-25 - House - House: VOTE: Block Vote Passage (98-Y 0-N) (Y: 98 N: 0 NV: 0 Abs: 2) [PASS]
2024-01-19 - House - House: Reported from Courts of Justice with substitute (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2024-01-17 - House - House: Subcommittee recommends reporting with substitute (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2024-04-02 Governor: Acts of Assembly Chapter text (CHAP0282)
2024-04-02 Governor: Approved by Governor-Chapter 282 (effective 7/1/24)
2024-03-11 Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
2024-03-11HouseEnrolled Bill communicated to Governor on March 11, 2024
2024-03-01SenateSigned by President
2024-02-27HouseSigned by Speaker
2024-02-27HouseBill text as passed House and Senate (HB332ER)
2024-02-27HouseEnrolled
2024-02-21SenatePassed Senate (40-Y 0-N)
2024-02-21SenateRead third time
2024-02-20SenateConstitutional reading dispensed (39-Y 0-N)
2024-02-19SenateReported from Courts of Justice (11-Y 0-N)
2024-01-26SenateReferred to Committee for Courts of Justice
2024-01-26SenateConstitutional reading dispensed
2024-01-25HouseVOTE: Block Vote Passage (98-Y 0-N)
2024-01-25HouseRead third time and passed House BLOCK VOTE (98-Y 0-N)
2024-01-24HouseEngrossed by House - committee substitute HB332H1
2024-01-24HouseCommittee substitute agreed to 24105569D-H1
2024-01-24HouseRead second time
2024-01-23HouseRead first time
2024-01-19HouseReported from Courts of Justice with substitute (22-Y 0-N)
2024-01-19HouseCommittee substitute printed 24105569D-H1
2024-01-17HouseSubcommittee recommends reporting with substitute (8-Y 0-N)
2024-01-16HouseAssigned Courts sub: Civil
2024-01-05HouseReferred to Committee for Courts of Justice
2024-01-05HousePrefiled and ordered printed; offered 01/10/24 24102292D

Same As/Similar To

SB63 (Similar To) 2024-04-02 - Governor: Acts of Assembly Chapter text (CHAP0336)

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
642732(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB332
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB332+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB332H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB332ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+CHAP0282+hil
Amendmenthttps://committees.lis.virginia.gov/pdfs/drafts/24105569D.pdf
Amendmenthttps://committees.lis.virginia.gov/pdfs/24105569D.pdf
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H0802V0004+HB0332
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H08V0017+HB0332
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+HV0055+HB0332
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+S13V0192+HB0332
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+SV0495HB0332+HB0332
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+SV0507HB0332+HB0332

Bill Comments

feedback