VA SB78 | 2018 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 23 2018 - 100% progression
Action: 2018-03-23 - Governor: Acts of Assembly Chapter text (CHAP0476)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 23 2018 - 100% progression
Action: 2018-03-23 - Governor: Acts of Assembly Chapter text (CHAP0476)
Text: Latest bill text (Chaptered) [HTML]
Summary
Trust decanting; authorized fiduciary. Reinstates the restriction in Virginia's former trust decanting law that limits the type of fiduciary who may exercise the decanting power to a disinterested trustee. The bill also reinstates the former provisions that state that the decanting power may be exercised by a majority of the authorized fiduciaries and that the court has the power to appoint a special fiduciary to exercise the decanting power. The bill contains an emergency clause.
Title
Trust decanting; authorized fiduciary.
Sponsors
Roll Calls
2018-02-28 - House - House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (Y: 98 N: 0 NV: 2 Abs: 0) [PASS]
2018-02-23 - House - House: Reported from Courts of Justice (18-Y 0-N) (Y: 18 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-19 - House - House: Subcommittee recommends reporting (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2018-01-30 - Senate - Senate: Read third time and passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2018-01-26 - Senate - Senate: Constitutional reading dispensed (35-Y 0-N) (Y: 35 N: 0 NV: 5 Abs: 0) [PASS]
2018-01-24 - Senate - Senate: Reported from Courts of Justice (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-23 - House - House: Reported from Courts of Justice (18-Y 0-N) (Y: 18 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-19 - House - House: Subcommittee recommends reporting (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2018-01-30 - Senate - Senate: Read third time and passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2018-01-26 - Senate - Senate: Constitutional reading dispensed (35-Y 0-N) (Y: 35 N: 0 NV: 5 Abs: 0) [PASS]
2018-01-24 - Senate - Senate: Reported from Courts of Justice (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2018-03-23 | Governor: Acts of Assembly Chapter text (CHAP0476) | |
| 2018-03-23 | Governor: Approved by Governor-Chapter 476 (effective 3/23/18) | |
| 2018-03-14 | Governor: Governor's Action Deadline Midnight, April 9, 2018 | |
| 2018-03-14 | Senate | Enrolled Bill Communicated to Governor on March 14, 2018 |
| 2018-03-08 | Senate | Signed by President |
| 2018-03-05 | House | Signed by Speaker |
| 2018-03-05 | Senate | Bill text as passed Senate and House (SB78ER) |
| 2018-03-05 | Senate | Enrolled |
| 2018-02-28 | House | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) |
| 2018-02-28 | House | Passed House BLOCK VOTE (98-Y 0-N) |
| 2018-02-28 | House | Read third time |
| 2018-02-27 | House | Read second time |
| 2018-02-23 | House | Reported from Courts of Justice (18-Y 0-N) |
| 2018-02-19 | House | Subcommittee recommends reporting (8-Y 0-N) |
| 2018-02-15 | House | Assigned Courts sub: Subcommittee #2 |
| 2018-02-05 | House | Referred to Committee for Courts of Justice |
| 2018-02-05 | House | Read first time |
| 2018-02-05 | House | Placed on Calendar |
| 2018-01-30 | Senate | Read third time and passed Senate (39-Y 0-N) |
| 2018-01-29 | Senate | Read second time and engrossed |
| 2018-01-26 | Senate | Constitutional reading dispensed (35-Y 0-N) |
| 2018-01-24 | Senate | Reported from Courts of Justice (15-Y 0-N) |
| 2017-12-04 | Senate | Referred to Committee for Courts of Justice |
| 2017-12-04 | Senate | Prefiled and ordered printed with emergency clause; offered 01/10/18 18101870D |
