VA HB678 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 4 2024 - 100% progression
Action: 2024-04-04 - Governor: Acts of Assembly Chapter text (CHAP0446)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 4 2024 - 100% progression
Action: 2024-04-04 - Governor: Acts of Assembly Chapter text (CHAP0446)
Text: Latest bill text (Chaptered) [HTML]
Summary
Trustees; settlement of accounts; notice and statements to beneficiaries; requirements. Provides that the beneficiary of a trust shall be deemed to have released a trustee and ratified all actions of a trustee for the administration of a trust if, when the trust terminates or the trustee ceases to serve, the trustee sends the beneficiary notice and the beneficiary does not object within 60 days after the trustee sent such notice. The bill also requires the trustee to provide to the beneficiary certain financial information related to the trust.
Title
Trusts; release or ratification of trustee by beneficiary, response of beneficiary in writing.
Sponsors
Roll Calls
2024-02-23 - House - House: VOTE: Adoption (96-Y 0-N) (Y: 96 N: 0 NV: 0 Abs: 4) [PASS]
2024-02-21 - Senate - Senate: Passed Senate with amendments (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 with amendments (12-Y 0-N) (Y: 12 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-08 - House - House: VOTE: Block Vote Passage (98-Y 0-N) (Y: 98 N: 0 NV: 0 Abs: 2) [PASS]
2024-02-02 - House - House: Reported from Courts of Justice with substitute (21-Y 0-N) (Y: 21 N: 0 NV: 0 Abs: 1) [PASS]
2024-01-29 - House - House: Subcommittee recommends reporting with substitute (7-Y 1-N) (Y: 7 N: 1 NV: 0 Abs: 1) [PASS]
2024-02-21 - Senate - Senate: Passed Senate with amendments (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 with amendments (12-Y 0-N) (Y: 12 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-08 - House - House: VOTE: Block Vote Passage (98-Y 0-N) (Y: 98 N: 0 NV: 0 Abs: 2) [PASS]
2024-02-02 - House - House: Reported from Courts of Justice with substitute (21-Y 0-N) (Y: 21 N: 0 NV: 0 Abs: 1) [PASS]
2024-01-29 - House - House: Subcommittee recommends reporting with substitute (7-Y 1-N) (Y: 7 N: 1 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-04 | Governor: Acts of Assembly Chapter text (CHAP0446) | |
| 2024-04-04 | Governor: Approved by Governor-Chapter 446 (effective 7/1/24) | |
| 2024-03-11 | Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024 | |
| 2024-03-11 | House | Enrolled Bill communicated to Governor on March 11, 2024 |
| 2024-03-02 | Senate | Signed by President |
| 2024-02-28 | House | Signed by Speaker |
| 2024-02-28 | House | Bill text as passed House and Senate (HB678ER) |
| 2024-02-28 | House | Enrolled |
| 2024-02-23 | House | VOTE: Adoption (96-Y 0-N) |
| 2024-02-23 | House | Senate amendment agreed to by House (96-Y 0-N) |
| 2024-02-21 | Senate | Passed Senate with amendments (40-Y 0-N) |
| 2024-02-21 | Senate | Engrossed by Senate as amended |
| 2024-02-21 | Senate | Committee amendments agreed to |
| 2024-02-21 | Senate | Reading of amendments waived |
| 2024-02-21 | Senate | Read third time |
| 2024-02-20 | Senate | Constitutional reading dispensed (39-Y 0-N) |
| 2024-02-19 | Senate | Reported from Courts of Justice with amendments (12-Y 0-N) |
| 2024-02-09 | Senate | Referred to Committee for Courts of Justice |
| 2024-02-09 | Senate | Constitutional reading dispensed |
| 2024-02-08 | House | VOTE: Block Vote Passage (98-Y 0-N) |
| 2024-02-08 | House | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
| 2024-02-07 | House | Engrossed by House - committee substitute HB678H1 |
| 2024-02-07 | House | Committee substitute agreed to 24106497D-H1 |
| 2024-02-07 | House | Read second time |
| 2024-02-06 | House | Read first time |
| 2024-02-02 | House | Committee substitute printed 24106497D-H1 |
| 2024-02-02 | House | Reported from Courts of Justice with substitute (21-Y 0-N) |
| 2024-01-29 | House | Subcommittee recommends reporting with substitute (7-Y 1-N) |
| 2024-01-25 | House | Assigned Courts sub: Civil |
| 2024-01-09 | House | Referred to Committee for Courts of Justice |
| 2024-01-09 | House | Prefiled and ordered printed; offered 01/10/24 24101335D |
Same As/Similar To
SB566 (Similar To) 2024-04-05 - Governor: Acts of Assembly Chapter text (CHAP0600)
