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CS/SB 1486: Assets in Benefit Plans

GENERAL BILL by Judiciary ; Carlton ; (CO-INTRODUCERS) Posey

Assets in Benefit Plans; exempts from legal process in favor of creditors or other claimants assets held in qualified tuition programs, in certain health savings accounts & medical savings accounts, or in Coverdell education savings accounts; allows benefit plan to be transferred to custodian of minor who does not have conservator by obligor of minor, etc. Amends Ch. 710, 222.22, 733.808, 744.301.

Effective Date: Upon becoming law
Last Action: 4/30/2004 House - Died in Messages
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    1/8/2004 Senate • Prefiled
    1/16/2004 Senate • Referred to Judiciary; Banking and Insurance
    1/26/2004 Senate • On Committee agenda-- Judiciary, 02/03/04, 9:30 am, 110-S --Temporarily postponed
    3/2/2004 Senate • Introduced, referred to Judiciary; Banking and Insurance -SJ 00083; On Committee agenda-- Judiciary, 02/03/04, 9:30 am, 110-S --Temporarily postponed; On Committee agenda-- Judiciary, 03/02/04, 2:30 pm, 110-S -SJ 00002; CS by Judiciary; YEAS 7 NAYS 0 -SJ 00227; CS read first time on 03/10/04 -SJ 00242
    3/5/2004 Senate • Now in Banking and Insurance -SJ 00227
    3/12/2004 Senate • On Committee agenda-- Banking and Insurance, 03/17/04, 2:30 pm, 110-S
    3/17/2004 Senate • Favorable by- Banking and Insurance; YEAS 9 NAYS 0 -SJ 00352
    3/18/2004 Senate • Placed on Calendar, on second reading -SJ 00352
    3/24/2004 Senate • Placed on Special Order Calendar -SJ 00376; Read second time -SJ 00373; Amendment(s) adopted -SJ 00373; Ordered engrossed -SJ 00373
    3/25/2004 Senate • Read third time -SJ 00393; CS passed as amended; YEAS 39 NAYS 0 -SJ 00393
    3/31/2004 House • In Messages
    4/30/2004 House • Died in Messages

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  • CS/SB 1486, Engrossed 1 (Current Bill Version) Posted 3/24/2004 at 11:37 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 607 Altman Similar Last Action: 4/30/2004 H Died on Calendar
    Location:

    Floor Votes (1)

    Date Chamber Result
    3/25/2004 10:24 AM Senate 39 Yeas - 0 Nays

    Citations - Statutes (7)

    Citation Catchline Location in Bill Location In Bill Help
    222.22 Exemption of moneys in the Prepaid College Trust Fund or in a Medical Savings Account from legal process.
    710.102 Definitions.
    710.104 Nomination of custodian.
    710.108 Transfer by obligor.
    710.116 Use of custodial property.
    733.808 Death benefits; disposition of proceeds.
    744.301 Natural guardians.

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  • CS/SB 1486, Committee Substitute 1 Posted 3/5/2004 at 10:11 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 3/17/2004 (pdf)
    Judiciary (Post-Meeting) 3/4/2004 (pdf)

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    181612 - Amendment
    Webster 3/23/2004
    5:32 PM
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/17/2004 2:30 PM Banking and Insurance 9 Yeas - 0 Nays

    Citations - Statutes (7)

    Citation Catchline Location in Bill Location In Bill Help
    222.22 Exemption of moneys in the Prepaid College Trust Fund or in a Medical Savings Account from legal process.
    710.102 Definitions.
    710.104 Nomination of custodian.
    710.108 Transfer by obligor.
    710.116 Use of custodial property.
    733.808 Death benefits; disposition of proceeds.
    744.301 Natural guardians.

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  • SB 1486, Original Filed Version Posted 1/8/2004 at 3:39 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Committee Votes (1)

    Date Committee Result
    3/2/2004 3:00 PM Judiciary 7 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    222.22 Exemption of moneys in the Prepaid College Trust Fund or in a Medical Savings Account from legal process.

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