SB 1116

  • Virginia Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Jan 07, 2025
  • Passed Senate Jan 21, 2025
  • Passed House Feb 10, 2025
  • Signed by Governor Mar 18, 2025

Uniform Trust Code; expands definitions of "independent qualified trustee" and "qualified trustee."

Abstract

Uniform Trust Code; qualified trustee; definition. Expands the definitions of  "independent qualified trustee" and  "qualified trustee" to authorize additional entities to serve as an independent qualified trustee or a qualified trustee of a qualified self-settled spendthrift trust. This bill is identical to HB 1605.

An Act to amend and reenact § 64.2-745.2 of the Code of Virginia, relating to Uniform Trust Code; qualified trustee; definition.

Bill Sponsors (1)

Votes


Actions


Mar 18, 2025

Office of the Governor

Acts of Assembly Chapter text (CHAP0022)

Office of the Governor

Approved by Governor-Chapter 22 (Effective 07/01/25)

Feb 18, 2025

Office of the Governor

Governor's Action Deadline 11:59 p.m., March 24, 2025

Senate

Enrolled Bill Communicated to Governor on February 18, 2025

Feb 13, 2025

Senate

Signed by President

Feb 11, 2025

House

Signed by Speaker

Senate

Bill text as passed Senate and House (SB1116ER)

Senate

Enrolled

Feb 10, 2025

House

Read third time

House

Passed House (95-Y 0-N)

Feb 07, 2025

House

Read second time

Feb 05, 2025

House

Reported from Courts of Justice (22-Y 0-N)

House

Placed on Calendar

House

Read first time

House

Referred to Committee for Courts of Justice

Jan 21, 2025

Senate

Read third time

Senate

Read third time and passed Senate (40-Y 0-N)

Jan 20, 2025

Senate

Read second time and engrossed

Jan 17, 2025

Senate

Passed by for the day

Senate

Constitutional reading dispensed (on 1st reading) (40-Y 0-N)

Senate

Rules suspended

Jan 15, 2025

Senate

Reported from Courts of Justice (13-Y 0-N 2-A)

Jan 07, 2025

Senate

Referred to Committee for Courts of Justice

Senate

Prefiled and ordered printed; Offered 01-08-2025 25103061D

Bill Text

Bill Text Versions Format
Chaptered HTML PDF
Enrolled HTML PDF
Introduced HTML PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.

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