IN HB1083 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 5 2016 - 25% progression, died in committee
Action: 2016-01-05 - First reading: referred to Committee on Judiciary
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 5 2016 - 25% progression, died in committee
Action: 2016-01-05 - First reading: referred to Committee on Judiciary
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Qualified terminable interest property trusts. Adds rules for the interpretation of qualified terminable interest property trusts. Provides that, under certain circumstances, an individual who contributes assets to a trust and whose spouse is a beneficiary of the trust at the time of the contribution may not be considered to be or treated as a settlor of the trust.
Title
Qualified terminable interest property trusts. Adds rules for the interpretation of qualified terminable interest property trusts. Provides that, under certain circumstances, an individual who contributes assets to a trust and whose spouse is a beneficiary of the trust at the time of the contribution may not be considered to be or treated as a settlor of the trust.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-01-05 | House | First reading: referred to Committee on Judiciary |
| 2016-01-05 | House | Authored by Representative Washburne |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2016/bills/house/1083/details |
| Text | http://iga.in.gov/static-documents/0/3/0/d/030d6422/HB1083.01.INTR.pdf |
