Trusts; Revising how an authorized trustee may exercise the power to invade principal as an authorized trustee administering a trust; providing that property devised to or from a revocable trust which is devised, given, or distributed to a donee by a settlor during the settlor’s lifetime is treated as a satisfaction of devise to that donee if certain criteria are met; providing that homestead property transferred by one or both settlor spouses to a community property trust will not be treated as a change of ownership for the purposes of reassessing the property, etc.
Chapter No. 2025-159
Approved by Governor
Signed by Officers and presented to Governor
Read 3rd time
Added to Third Reading Calendar
Read 2nd time
Placed on 3rd reading
Ordered enrolled
CS passed; YEAS 114, NAYS 0
Bill added to Special Order Calendar (4/29/2025)
1st Reading (Committee Substitute 2)
Bill referred to House Calendar
Read 2nd time
Read 3rd time
CS passed; YEAS 36 NAYS 0
Immediately certified
In Messages
Placed on Special Order Calendar, 03/27/25
Placed on Calendar, on 2nd reading
Favorable by- Rules; YEAS 25 NAYS 0
On Committee agenda-- Rules, 03/19/25, 11:30 am, 412 Knott Building
Pending reference review under Rule 4.7(2) - (Committee Substitute)
CS/CS by Community Affairs read 1st time
Now in Rules
CS/CS by Community Affairs; YEAS 7 NAYS 0
On Committee agenda-- Community Affairs, 03/11/25, 4:00 pm, 37 Senate Building
CS by Judiciary read 1st time
Introduced
Now in Community Affairs
Pending reference review under Rule 4.7(2) - (Committee Substitute)
CS by Judiciary; YEAS 9 NAYS 0
On Committee agenda-- Judiciary, 02/18/25, 4:00 pm, 110 Senate Building
Referred to Judiciary; Community Affairs; Rules
Filed
| Bill Text Versions | Format |
|---|---|
| S 262 Filed | PDF HTML |
| S 262 c1 | PDF HTML |
| S 262 c2 | PDF HTML |
| S 262 er | PDF HTML |
| Document | Format |
|---|---|
| 762740 - Amendment to S 262 Filed | PDF HTML |
| Bill Analysis -- Rules (Post-Meeting) (3/19/2025 1:51 PM) | |
| Bill Analysis -- Rules (Pre-Meeting) (3/18/2025 8:53 AM) | |
| Bill Analysis -- Community Affairs (Post-Meeting) (3/12/2025 2:24 PM) | |
| Bill Analysis -- Community Affairs (Pre-Meeting) (3/10/2025 2:46 PM) | |
| Bill Analysis -- Judiciary (Post-Meeting) (2/20/2025 8:04 AM) | |
| Bill Analysis -- Judiciary (Pre-Meeting) (2/17/2025 3:10 PM) |
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