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.
Read 2nd time
Laid on Table, companion bill(s) passed, see CS/HB 1093 (Ch. 2024-216)
Substituted CS/HB 1093
Placed on Special Order Calendar, 03/01/24
Placed on Calendar, on 2nd reading
Pending reference review -under Rule 4.7(2) - (Committee Substitute)
CS/CS by Rules read 1st time
CS/CS by- Rules; YEAS 17 NAYS 0
On Committee agenda-- Rules, 02/14/24, 9:00 am, 412 Knott Building
Now in Rules
Pending reference review under Rule 4.7(2) - (Committee Substitute)
CS by Judiciary read 1st time
Original reference(s) removed: Banking and Insurance
Remaining references corrected to Rules
CS by Judiciary; YEAS 9 NAYS 0
On Committee agenda-- Judiciary, 02/05/24, 2:30 pm, 110 Senate Building
Introduced
Referred to Judiciary; Banking and Insurance; Rules
Filed
Bill Text Versions | Format |
---|---|
S 1316 Filed | PDF HTML |
S 1316 c1 | PDF HTML |
S 1316 c2 | PDF HTML |
Document | Format |
---|---|
172844 - Amendment to S 1316 Filed | PDF HTML |
Bill Analysis -- Rules (Post-Meeting) (2/15/2024 1:17 PM) | |
Bill Analysis -- Rules (Pre-Meeting) (2/13/2024 8:32 AM) | |
Bill Analysis -- Judiciary (Post-Meeting) (2/6/2024 8:22 AM) | |
Bill Analysis -- Judiciary (Pre-Meeting) (2/2/2024 1:57 PM) |
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