SB 1316

  • Florida Senate Bill
  • 2024 Regular Session
  • Introduced in Senate Jan 10, 2024
  • Senate
  • House
  • Governor

Florida Uniform Fiduciary Income and Principal Act

Bill Subjects

Estates And Trusts

Abstract

Florida Uniform Fiduciary Income and Principal Act; Specifying the duties of a fiduciary; providing that a fiduciary’s allocation, determination, or exercise of discretion is presumed to be fair and reasonable to all beneficiaries; authorizing a fiduciary to exercise discretionary power of administration under specified circumstances; prohibiting a court from ordering a fiduciary to change his or her decision unless the decision was an abuse of discretionary power; authorizing a fiduciary to adjust between income and principal if such adjustment assists in administering the trust or estate impartially; authorizing the conversion of an income trust to a unitrust; specifying the authority of a fiduciary with respect to the administration of certain trusts, etc.

Bill Sponsors (3)

Rules

     
Primary

Judiciary

     
Primary

Votes


Actions


Mar 01, 2024

Senate

Read 2nd time

Senate

Laid on Table, companion bill(s) passed, see CS/HB 1093 (Ch. 2024-216)

Senate

Substituted CS/HB 1093

Feb 28, 2024

Senate

Placed on Special Order Calendar, 03/01/24

Feb 15, 2024

Senate

Placed on Calendar, on 2nd reading

Senate

Pending reference review -under Rule 4.7(2) - (Committee Substitute)

Senate

CS/CS by Rules read 1st time

Feb 14, 2024

Senate

CS/CS by- Rules; YEAS 17 NAYS 0

Feb 09, 2024

Senate

On Committee agenda-- Rules, 02/14/24, 9:00 am, 412 Knott Building

Feb 06, 2024

Senate

Now in Rules

Senate

Pending reference review under Rule 4.7(2) - (Committee Substitute)

Senate

CS by Judiciary read 1st time

Senate

Original reference(s) removed: Banking and Insurance

Senate

Remaining references corrected to Rules

Feb 05, 2024

Senate

CS by Judiciary; YEAS 9 NAYS 0

Jan 31, 2024

Senate

On Committee agenda-- Judiciary, 02/05/24, 2:30 pm, 110 Senate Building

Jan 10, 2024

Senate

Introduced

Senate

Referred to Judiciary; Banking and Insurance; Rules

Jan 04, 2024

Senate

Filed

Bill Text

Bill Text Versions Format
S 1316 Filed PDF HTML
S 1316 c1 PDF HTML
S 1316 c2 PDF HTML

Related Documents

Document Format
172844 - Amendment to S 1316 Filed PDF HTML
Bill Analysis -- Rules (Post-Meeting) (2/15/2024 1:17 PM) PDF
Bill Analysis -- Rules (Pre-Meeting) (2/13/2024 8:32 AM) PDF
Bill Analysis -- Judiciary (Post-Meeting) (2/6/2024 8:22 AM) PDF
Bill Analysis -- Judiciary (Pre-Meeting) (2/2/2024 1:57 PM) PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Florida Legislature.

If you notice any inconsistencies with these official sources, feel free to file an issue.