Weston Newton
- Republican
- Representative
- District 120
Primary
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 27-6-20, RELATING TO NONVESTED PROPERTY INTEREST OR POWER OF APPOINTMENT, SO AS TO INCREASE THE TIME AN INTEREST CAN VEST FROM NINETY YEARS TO THREE HUNDRED SIXTY YEARS; BY AMENDING SECTION 27-6-40, RELATING TO REFORMATION OF PROPERTY DISPOSITIONS, SO AS TO INCREASE THE TIME LIMIT FROM NINETY YEARS TO THREE HUNDRED SIXTY YEARS; BY AMENDING SECTION 62-7-504, RELATING TO DISCRETIONARY TRUSTS, SO AS TO PROVIDE CERTAIN SITUATIONS IN WHICH A BENEFICIARY OF A TRUST MAY NOT BE CONSIDERED A SETTLOR; BY AMENDING SECTION 62-7-505, RELATING TO CREDITORS' CLAIMS AGAINST A SETTLOR, SO AS TO PROVIDE THAT CERTAIN AMOUNTS PAID TO TAXING AUTHORITIES MAY NOT BE CONSIDERED AN AMOUNT THAT MAY BE DISTRIBUTED FOR THE SETTLOR'S BENEFIT; AND BY ADDING SECTION 62-7-508 SO AS TO PROVIDE FOR CERTAIN GRANTOR TRUST REIMBURSEMENTS. - RATIFIED TITLE
Act No. 25
Effective date 05/08/25
Signed By Governor
Ratified R 43
Read third time and enrolled
Read second time
Roll call Ayes-42 Nays-0
Committee report: Favorable Judiciary
Read third time and sent to Senate
Introduced and read first time
Referred to Committee on Judiciary
Roll call Yeas-107 Nays-0
Read second time
Amended
Member(s) request name added as sponsor: Yow, T.Moore
Member(s) request name added as sponsor: Mitchell
Committee report: Favorable with amendment Judiciary
Introduced and read first time
Referred to Committee on Judiciary
Referred to Committee on Judiciary
Prefiled
| Bill Text Versions | Format |
|---|---|
| 12/05/2024 | HTML |
| 02/06/2025 | HTML |
| 02/12/2025 | HTML |
| 04/16/2025 | HTML |
| Filed | VND.OPENXMLFORMATS-OFFICEDOCUMENT.WORDPROCESSINGML.DOCUMENT HTML |
| Document | Format |
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| No related documents. |
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