VA SB78 | 2018 | Regular Session


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]


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.

Tracking Information

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Trust decanting; authorized fiduciary.


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]


2018-03-23 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
2018-03-14SenateEnrolled Bill Communicated to Governor on March 14, 2018
2018-03-08SenateSigned by President
2018-03-05HouseSigned by Speaker
2018-03-05SenateBill text as passed Senate and House (SB78ER)
2018-02-28HouseVOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
2018-02-28HousePassed House BLOCK VOTE (98-Y 0-N)
2018-02-28HouseRead third time
2018-02-27HouseRead second time
2018-02-23HouseReported from Courts of Justice (18-Y 0-N)
2018-02-19HouseSubcommittee recommends reporting (8-Y 0-N)
2018-02-15HouseAssigned Courts sub: Subcommittee #2
2018-02-05HouseReferred to Committee for Courts of Justice
2018-02-05HouseRead first time
2018-02-05HousePlaced on Calendar
2018-01-30SenateRead third time and passed Senate (39-Y 0-N)
2018-01-29SenateRead second time and engrossed
2018-01-26SenateConstitutional reading dispensed (35-Y 0-N)
2018-01-24SenateReported from Courts of Justice (15-Y 0-N)
2017-12-04SenateReferred to Committee for Courts of Justice
2017-12-04SenatePrefiled and ordered printed with emergency clause; offered 01/10/18 18101870D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
642701(n/a)See Bill Text
642779.5(n/a)See Bill Text

Virginia State Sources

Bill Comments