Virginia Senate Bill 756 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 13 2013 - 100% progression
Action: 2013-03-13 - Governor: Acts of Assembly Chapter text (CHAP0323)
Text: Latest bill text (Chaptered) [HTML]

Rule against perpetuities waiver. Corrects errors in the rule allowing a settlor of a trust with an interest in personal property to opt out of the Uniform Statutory Rule Against Perpetuities. The bill moves the opt-out provision from the Code section that applies to nondonative transfers to the section that lists other exceptions to the application of the Uniform Rule. The bill also specifies that the exception to the Uniform Rule shall not extend to an interest in real property, which does not include an interest in a corporation, limited liability company, partnership, business trust, or other entity, even if such entity owns an interest in real property. The bill further provides that the provisions of the bill are declarative of existing law.

Perpetuities waiver; exclusions from statutory rule, nondonative transfers.

Sen. John Edwards [D]

2013-02-21 - Senate - Senate: House substitute agreed to by Senate (36-Y 4-N) (Y: 36 N: 4 NV: 0 Abs: 0) [PASS]
2013-02-20 - House - House: VOTE: PASSAGE (94-Y 2-N) (Y: 96 N: 2 NV: 4 Abs: 0) [PASS]
2013-02-18 - House - House: Reported from Courts of Justice with substitute (16-Y 2-N) (Y: 17 N: 2 NV: 0 Abs: 0) [PASS]
2013-02-11 - House - House: Subcommittee recommends reporting with amendment(s) (6-Y 1-N) (Y: 6 N: 1 NV: 2 Abs: 0) [PASS]
2013-01-21 - Senate - Senate: Read third time and passed Senate (27-Y 12-N) (Y: 27 N: 12 NV: 1 Abs: 0) [PASS]
2013-01-15 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2013-01-14 - Senate - Senate: Reported from Courts of Justice (14-Y 0-N 1-A) (Y: 14 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2013-03-13		Governor: Acts of Assembly Chapter text (CHAP0323)
2013-03-13		Governor: Approved by Governor-Chapter 323 (effective 7/1/13)
2013-02-23	House	Signed by Speaker
2013-02-23	Senate	Signed by President
2013-02-23	Senate	Bill text as passed Senate and House (SB756ER)
2013-02-23	Senate	Enrolled
2013-02-21	Senate	Title replaced 13105117D-H1
2013-02-21	Senate	House substitute agreed to by Senate (36-Y 4-N)
2013-02-20	House	VOTE: PASSAGE (94-Y 2-N)
2013-02-20	House	Passed House with substitute (94-Y 2-N)
2013-02-20	House	Engrossed by House - committee substitute SB756H1
2013-02-20	House	Committee substitute agreed to 13105117D-H1
2013-02-20	House	Read third time
2013-02-19	House	Read second time
2013-02-18	House	Committee substitute printed 13105117D-H1
2013-02-18	House	Reported from Courts of Justice with substitute (16-Y 2-N)
2013-02-11	House	Subcommittee recommends reporting with amendment(s) (6-Y 1-N)
2013-02-08	House	Assigned Courts sub: #2 Civil
2013-01-25	House	Referred to Committee for Courts of Justice
2013-01-25	House	Read first time
2013-01-25	House	Placed on Calendar
2013-01-21	Senate	Read third time and passed Senate (27-Y 12-N)
2013-01-18	Senate	Passed by for the day
2013-01-17	Senate	Passed by for the day
2013-01-16	Senate	Read second time and engrossed
2013-01-15	Senate	Constitutional reading dispensed (40-Y 0-N)
2013-01-14	Senate	Reported from Courts of Justice (14-Y 0-N 1-A)
2012-12-17	Senate	Referred to Committee for Courts of Justice
2012-12-17	Senate	Prefiled and ordered printed; offered 01/09/13 13101675D

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?131+sum+SB756
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+SB756+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+SB756H1+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+SB756ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+CHAP0323+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+S03V0026+SB0756
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+SV0044SB0756+SB0756
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+SV0082SB0756+SB0756
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+H0802V0108+SB0756
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+H08V0366+SB0756
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+HV1171+SB0756
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+SV0772SB0756+SB0756