OR HB2623 | 2017 | Regular Session
Status
Completed Legislative Action
Spectrum: Unknown
Status: Passed on May 30 2017 - 100% progression
Action: 2017-05-30 - Chapter 81, (2017 Laws): Effective date January 1, 2018.
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Unknown
Status: Passed on May 30 2017 - 100% progression
Action: 2017-05-30 - Chapter 81, (2017 Laws): Effective date January 1, 2018.
Text: Latest bill text (Enrolled) [PDF]
Summary
Allows trustee of trust to make disbursements for trustee's compensation or compensation of person providing investment advisory or custodial services out of principal or income under certain circumstances. Requires transaction between trustee and beneficiary of trust from which trustee obtains advantage to be outside trustee's business or on unusually unfavorable terms to be voidable by beneficiary.
Title
Relating to trusts.
Sponsors
| No sponsor information available at this time. |
Roll Calls
2017-05-08 - Senate - Senate Third Reading (Y: 30 N: 0 NV: 0 Abs: 0) [PASS]
2017-05-02 - Senate - Senate Committee Do pass (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
2017-03-07 - House - House Third Reading (Y: 56 N: 1 NV: 0 Abs: 3) [PASS]
2017-02-28 - House - House Committee Do Pass (Y: 10 N: 0 NV: 0 Abs: 1) [PASS]
2017-05-02 - Senate - Senate Committee Do pass (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
2017-03-07 - House - House Third Reading (Y: 56 N: 1 NV: 0 Abs: 3) [PASS]
2017-02-28 - House - House Committee Do Pass (Y: 10 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2017-05-30 | House | Chapter 81, (2017 Laws): Effective date January 1, 2018. |
| 2017-05-17 | House | Governor signed. |
| 2017-05-10 | Senate | President signed. |
| 2017-05-10 | House | Speaker signed. |
| 2017-05-08 | Senate | Third reading. Carried by Thatcher. Passed.Ayes, 30. |
| 2017-05-04 | Senate | Second reading. |
| 2017-05-04 | Senate | Recommendation: Do pass. |
| 2017-05-02 | Senate | Public Hearing and Work Session held. |
| 2017-03-13 | Senate | Referred to Judiciary. |
| 2017-03-08 | Senate | First reading. Referred to President's desk. |
| 2017-03-07 | House | Third reading. Carried by Williamson. Passed.Ayes, 56; Nays, 1--Rayfield; Excused, 3--Evans, Sprenger, Stark. |
| 2017-03-06 | House | Second reading. |
| 2017-03-02 | House | Recommendation: Do pass. |
| 2017-02-28 | House | Work Session held. |
| 2017-02-15 | House | Public Hearing held. |
| 2017-01-17 | House | Referred to Judiciary. |
| 2017-01-09 | House | First reading. Referred to Speaker's desk. |
