VA SB63 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 2 2024 - 100% progression
Action: 2024-04-02 - Governor: Acts of Assembly Chapter text (CHAP0336)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 2 2024 - 100% progression
Action: 2024-04-02 - Governor: Acts of Assembly Chapter text (CHAP0336)
Text: Latest bill text (Chaptered) [HTML]
Summary
Termination of trust; notice requirements. Provides that a trustee seeking to terminate a trust consisting of trust property that has a total value of less than $100,000 may do so without a court order, provided that the trustee sends notice, as specified in the bill, to any qualified beneficiaries or cotrustees.
Title
Termination of trust; notice requirements.
Sponsors
Roll Calls
2024-02-21 - House - House: VOTE: Block Vote Passage (100-Y 0-N) (Y: 100 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-16 - House - House: Reported from Courts of Justice (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-13 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-13 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-13 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-12 - Senate - Senate: Reported from Courts of Justice with substitute (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-16 - House - House: Reported from Courts of Justice (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-13 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-13 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-13 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-12 - Senate - Senate: Reported from Courts of Justice with substitute (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-02 | Governor: Acts of Assembly Chapter text (CHAP0336) | |
| 2024-04-02 | Governor: Approved by Governor-Chapter 336 (effective 7/1/24) | |
| 2024-03-11 | Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024 | |
| 2024-03-11 | Senate | Enrolled Bill Communicated to Governor on March 11, 2024 |
| 2024-02-28 | Senate | Signed by President |
| 2024-02-26 | House | Signed by Speaker |
| 2024-02-26 | Senate | Bill text as passed Senate and House (SB63ER) |
| 2024-02-26 | Senate | Enrolled |
| 2024-02-21 | House | VOTE: Block Vote Passage (100-Y 0-N) |
| 2024-02-21 | House | Passed House BLOCK VOTE (100-Y 0-N) |
| 2024-02-21 | House | Read third time |
| 2024-02-20 | House | Read second time |
| 2024-02-16 | House | Reported from Courts of Justice (22-Y 0-N) |
| 2024-02-15 | House | Referred to Committee for Courts of Justice |
| 2024-02-15 | House | Read first time |
| 2024-02-15 | House | Placed on Calendar |
| 2024-02-13 | Senate | Constitutional reading dispensed (40-Y 0-N) |
| 2024-02-13 | Senate | Passed Senate (40-Y 0-N) |
| 2024-02-13 | Senate | Constitutional reading dispensed (40-Y 0-N) |
| 2024-02-13 | Senate | Engrossed by Senate - committee substitute SB63S1 |
| 2024-02-13 | Senate | Committee substitute agreed to 24105821D-S1 |
| 2024-02-13 | Senate | Reading of substitute waived |
| 2024-02-13 | Senate | Read second time |
| 2024-02-12 | Senate | Committee substitute printed 24105821D-S1 |
| 2024-02-12 | Senate | Reported from Courts of Justice with substitute (14-Y 0-N) |
| 2024-01-10 | Senate | Moved from Judiciary to Courts of Justice due to a change of the committee name |
| 2023-12-27 | Senate | Referred to Committee for Courts of Justice |
| 2023-12-27 | Senate | Prefiled and ordered printed; offered 01/10/24 24101044D |
Same As/Similar To
HB332 (Similar To) 2024-04-02 - Governor: Acts of Assembly Chapter text (CHAP0282)
