CS/CS/SB 1070: Estates and Trusts
GENERAL BILL by Community Affairs ; Judiciary ; Berman
Estates and Trusts; Requiring the court to allow an officer to elect to post and maintain a certain bond; providing that certain provisions of a will are void upon dissolution of marriage; specifying that a trust director submits to specified personal jurisdiction by accepting appointment as a trust director; creating the "Community Property Trust Act"; providing that certain property held in a community property trust qualifies as homestead property, etc.
Effective Date: except as otherwise provided
Last Action: 7/6/2021 - Chapter No. 2021-183
Bill Text: Web Page | PDF
Last Action: 7/6/2021 - Chapter No. 2021-183
Bill Text: Web Page | PDF
Senate Committee References:
- Judiciary (JU)
- Community Affairs (CA)
- Rules (RC)
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Bill History
Date Chamber Action 2/4/2021 Senate • Filed
2/10/2021 Senate • Referred to Judiciary; Community Affairs; Rules -SJ 114
3/2/2021 Senate • Introduced -SJ 113
3/17/2021 Senate • On Committee agenda-- Judiciary, 03/22/21, 3:30 pm, 412 Knott Building
3/22/2021 Senate • CS by Judiciary; YEAS 11 NAYS 0 -SJ 313
3/24/2021 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Community Affairs
3/25/2021 Senate • On Committee agenda-- Community Affairs, 03/30/21, 3:30 pm, 37 Senate Building
• CS by Judiciary read 1st time -SJ 316
3/30/2021 Senate • CS/CS by Community Affairs; YEAS 9 NAYS 0 -SJ 343
3/31/2021 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
4/1/2021 Senate • CS/CS by Community Affairs read 1st time -SJ 350
4/2/2021 Senate • Now in Rules
4/13/2021 Senate • On Committee agenda-- Rules, 04/16/21, 9:00 am, 412 Knott Building
4/15/2021 Senate • On Committee agenda-- Rules, 04/20/21, 8:30 am, 412 Knott Building
4/16/2021 Senate • Favorable by- Rules; YEAS 17 NAYS 0 -SJ 472
• Placed on Calendar, on 2nd reading
• Placed on Special Order Calendar, 04/21/21 -SJ 559
4/21/2021 Senate • Read 2nd time -SJ 524
• Amendment(s) adopted (215478) -SJ 526
• Read 3rd time -SJ 526
• CS passed as amended; YEAS 40 NAYS 0 -SJ 526
4/21/2021 House • In Messages
4/26/2021 House • Bill referred to House Calendar
• Bill added to Special Order Calendar (4/27/2021)
• 1st Reading (Engrossed 1)
4/27/2021 House • Read 2nd time
• Placed on 3rd reading
• Added to Third Reading Calendar
4/28/2021 House • Read 3rd time
• CS passed; YEAS 117, NAYS 0
• Message sent to senate
4/28/2021 Senate • Ordered enrolled -SJ 845
6/28/2021 • Signed by Officers and presented to Governor
6/29/2021 • Approved by Governor
7/6/2021 • Chapter No. 2021-183
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CS/CS/SB 1070, Enrolled (Current Bill Version) Posted 4/28/2021 at 7:58 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 609 (c1) Estates and Trusts Judiciary Committee Similar Last Action: 4/27/2021 H Laid on Table; companion bill(s) passed, see CS/CS/SB 1070 (Ch. 2021-183) 
Citations - Statutes (42)
Citation Catchline Location in Bill Location In Bill Help 69.031 Designated financial institutions for assets in hands of guardians, curators, administrators, trustees, receivers, or other officers. Page 5 (pdf) 732.507 Effect of subsequent marriage, birth, adoption, or dissolution of marriage. Page 7 (pdf) 736.0103 Definitions. Page 8 (pdf) 736.0105 Default and mandatory rules. Page 10 (pdf) 736.0201 Role of court in trust proceedings. Page 10 (pdf) 736.0603 Settlor’s powers; powers of withdrawal. Page 11 (pdf) 736.0703 Cotrustees. Page 11 (pdf) 736.0802 Duty of loyalty. Page 37 (pdf) 736.0808 Powers to direct. Page 12 (pdf) 736.08125 Protection of successor trustees. Page 39 (pdf) 736.1008 Limitations on proceedings against trustees. Page 12 (pdf) 736.1017 Certification of trust. Page 14 (pdf) 736.1105 Dissolution of marriage; effect on revocable trust. Page 14 (pdf) 736.1109 Page 15 (pdf) 736.1401 Page 16 (pdf) 736.1403 Page 16 (pdf) 736.1405 Page 17 (pdf) 736.1406 Page 19 (pdf) 736.1407 Page 19 (pdf) 736.1408 Page 20 (pdf) 736.1409 Page 21 (pdf) 736.141 Page 22 (pdf) 736.1411 Page 23 (pdf) 736.1412 Page 24 (pdf) 736.1413 Page 25 (pdf) 736.1414 Page 25 (pdf) 736.1415 Page 25 (pdf) 736.1416 Page 26 (pdf) 736.1501 Page 29 (pdf) 736.1502 Page 30 (pdf) 736.1503 Page 31 (pdf) 736.1504 Page 32 (pdf) 736.1505 Page 33 (pdf) 736.1506 Page 34 (pdf) 736.1507 Page 34 (pdf) 736.1508 Page 35 (pdf) 736.1509 Page 35 (pdf) 736.151 Page 35 (pdf) 736.1511 Page 36 (pdf) 736.1512 Page 36 (pdf) 738.104 Trustee’s power to adjust. Page 40 (pdf) 744.3679 Simplified accounting procedures in certain cases. Page 41 (pdf) -
CS/CS/SB 1070, Engrossed 1 Posted 4/21/2021 at 3:44 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 609 (c1) Estates and Trusts Judiciary Committee Similar Last Action: 4/27/2021 H Laid on Table; companion bill(s) passed, see CS/CS/SB 1070 (Ch. 2021-183)
Floor Votes (1)
Date Chamber Result 4/28/2021 6:54 PM House 117 Yeas - 0 Nays Citations - Statutes (42)
Citation Catchline Location in Bill Location In Bill Help 69.031 Designated financial institutions for assets in hands of guardians, curators, administrators, trustees, receivers, or other officers. Page 5 (pdf) 732.507 Effect of subsequent marriage, birth, adoption, or dissolution of marriage. Page 7 (pdf) 736.0103 Definitions. Page 8 (pdf) 736.0105 Default and mandatory rules. Page 10 (pdf) 736.0201 Role of court in trust proceedings. Page 10 (pdf) 736.0603 Settlor’s powers; powers of withdrawal. Page 11 (pdf) 736.0703 Cotrustees. Page 11 (pdf) 736.0802 Duty of loyalty. Page 37 (pdf) 736.0808 Powers to direct. Page 12 (pdf) 736.08125 Protection of successor trustees. Page 39 (pdf) 736.1008 Limitations on proceedings against trustees. Page 12 (pdf) 736.1017 Certification of trust. Page 14 (pdf) 736.1105 Dissolution of marriage; effect on revocable trust. Page 14 (pdf) 736.1109 Page 15 (pdf) 736.1401 Page 16 (pdf) 736.1403 Page 16 (pdf) 736.1405 Page 17 (pdf) 736.1406 Page 19 (pdf) 736.1407 Page 19 (pdf) 736.1408 Page 20 (pdf) 736.1409 Page 21 (pdf) 736.141 Page 22 (pdf) 736.1411 Page 23 (pdf) 736.1412 Page 24 (pdf) 736.1413 Page 25 (pdf) 736.1414 Page 25 (pdf) 736.1415 Page 25 (pdf) 736.1416 Page 26 (pdf) 736.1501 Page 29 (pdf) 736.1502 Page 30 (pdf) 736.1503 Page 31 (pdf) 736.1504 Page 32 (pdf) 736.1505 Page 33 (pdf) 736.1506 Page 34 (pdf) 736.1507 Page 34 (pdf) 736.1508 Page 35 (pdf) 736.1509 Page 35 (pdf) 736.151 Page 35 (pdf) 736.1511 Page 36 (pdf) 736.1512 Page 36 (pdf) 738.104 Trustee’s power to adjust. Page 40 (pdf) 744.3679 Simplified accounting procedures in certain cases. Page 41 (pdf) -
CS/CS/SB 1070, Committee Substitute 2 Posted 3/31/2021 at 4:48 PM
Bill Text: Web Page | PDF Analyses: Rules (Pre-Meeting) 4/15/2021 (pdf)
Rules (Post-Meeting) 4/16/2021 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 609 (c1) Estates and Trusts Judiciary Committee Similar Last Action: 4/27/2021 H Laid on Table; companion bill(s) passed, see CS/CS/SB 1070 (Ch. 2021-183)
Floor Amendments (2)
Amendment Sponsor Filed Last Floor Action Format 215478 - Amendment
Delete lines 862 - 1063 and insert:Berman 4/20/2021
10:08 AMSenate: Adopted
4/21/2021Web Page
PDF
880488 - Amendment to Amendment (215478)
Between lines 119 and 120 insert:Berman 4/20/2021
4:56 PMSenate: Adopted
4/21/2021Web Page
PDFCommittee Votes (1)
Date Committee Result 4/16/2021 9:00 AM Rules View Vote Record Floor Votes (1)
Date Chamber Result 4/21/2021 10:55 AM Senate 40 Yeas - 0 Nays Citations - Statutes (42)
Citation Catchline Location in Bill Location In Bill Help 69.031 Designated financial institutions for assets in hands of guardians, curators, administrators, trustees, receivers, or other officers. Page 5 (pdf) 732.507 Effect of subsequent marriage, birth, adoption, or dissolution of marriage. Page 7 (pdf) 736.0103 Definitions. Page 8 (pdf) 736.0105 Default and mandatory rules. Page 10 (pdf) 736.0201 Role of court in trust proceedings. Page 10 (pdf) 736.0603 Settlor’s powers; powers of withdrawal. Page 11 (pdf) 736.0703 Cotrustees. Page 11 (pdf) 736.0802 Duty of loyalty. Page 37 (pdf) 736.0808 Powers to direct. Page 12 (pdf) 736.08125 Protection of successor trustees. Page 39 (pdf) 736.1008 Limitations on proceedings against trustees. Page 12 (pdf) 736.1017 Certification of trust. Page 14 (pdf) 736.1105 Dissolution of marriage; effect on revocable trust. Page 14 (pdf) 736.1109 Page 15 (pdf) 736.1401 Page 16 (pdf) 736.1403 Page 16 (pdf) 736.1405 Page 17 (pdf) 736.1406 Page 19 (pdf) 736.1407 Page 19 (pdf) 736.1408 Page 20 (pdf) 736.1409 Page 21 (pdf) 736.141 Page 22 (pdf) 736.1411 Page 23 (pdf) 736.1412 Page 24 (pdf) 736.1413 Page 25 (pdf) 736.1414 Page 25 (pdf) 736.1415 Page 25 (pdf) 736.1416 Page 26 (pdf) 736.1501 Page 29 (pdf) 736.1502 Page 30 (pdf) 736.1503 Page 31 (pdf) 736.1504 Page 32 (pdf) 736.1505 Page 33 (pdf) 736.1506 Page 34 (pdf) 736.1507 Page 34 (pdf) 736.1508 Page 35 (pdf) 736.1509 Page 35 (pdf) 736.151 Page 35 (pdf) 736.1511 Page 36 (pdf) 736.1512 Page 36 (pdf) 738.104 Trustee’s power to adjust. Page 40 (pdf) 744.3679 Simplified accounting procedures in certain cases. Page 41 (pdf) -
CS/SB 1070, Committee Substitute 1 Posted 3/24/2021 at 9:29 AM
Bill Text: Web Page | PDF Analyses: Community Affairs (Pre-Meeting) 3/29/2021 (pdf)
Community Affairs (Post-Meeting) 3/31/2021 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 609 Estates and Trusts Judiciary Committee Similar Last Action: 4/27/2021 H Laid on Table; companion bill(s) passed, see CS/CS/SB 1070 (Ch. 2021-183)
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 516430 - Amendment
Delete line 379 and insert:Community Affairs
(Berman)3/26/2021
2:21 PMReplaced by Committee Substitute
3/31/2021Web Page
PDFCommittee Votes (1)
Date Committee Result 3/30/2021 3:30 PM Community Affairs 9 Yeas - 0 Nays Citations - Statutes (42)
Citation Catchline Location in Bill Location In Bill Help 69.031 Designated financial institutions for assets in hands of guardians, curators, administrators, trustees, receivers, or other officers. Page 5 (pdf) 732.507 Effect of subsequent marriage, birth, adoption, or dissolution of marriage. Page 7 (pdf) 736.0103 Definitions. Page 8 (pdf) 736.0105 Default and mandatory rules. Page 10 (pdf) 736.0201 Role of court in trust proceedings. Page 10 (pdf) 736.0603 Settlor’s powers; powers of withdrawal. Page 11 (pdf) 736.0703 Cotrustees. Page 10 (pdf) 736.0802 Duty of loyalty. Page 37 (pdf) 736.0808 Powers to direct. Page 12 (pdf) 736.08125 Protection of successor trustees. Page 39 (pdf) 736.1008 Limitations on proceedings against trustees. Page 12 (pdf) 736.1017 Certification of trust. Page 14 (pdf) 736.1105 Dissolution of marriage; effect on revocable trust. Page 14 (pdf) 736.1109 Page 15 (pdf) 736.1401 Page 16 (pdf) 736.1403 Page 16 (pdf) 736.1405 Page 16 (pdf) 736.1406 Page 18 (pdf) 736.1407 Page 19 (pdf) 736.1408 Page 20 (pdf) 736.1409 Page 21 (pdf) 736.141 Page 22 (pdf) 736.1411 Page 23 (pdf) 736.1412 Page 24 (pdf) 736.1413 Page 25 (pdf) 736.1414 Page 25 (pdf) 736.1415 Page 25 (pdf) 736.1416 Page 26 (pdf) 736.1501 Page 29 (pdf) 736.1502 Page 30 (pdf) 736.1503 Page 31 (pdf) 736.1504 Page 32 (pdf) 736.1505 Page 33 (pdf) 736.1506 Page 34 (pdf) 736.1507 Page 34 (pdf) 736.1508 Page 35 (pdf) 736.1509 Page 35 (pdf) 736.151 Page 35 (pdf) 736.1511 Page 36 (pdf) 736.1512 Page 36 (pdf) 738.104 Trustee’s power to adjust. Page 40 (pdf) 744.3679 Simplified accounting procedures in certain cases. Page 41 (pdf) -
SB 1070, Original Filed Version Posted 2/4/2021 at 12:58 PM
Bill Text: Web Page | PDF Analyses: Judiciary (Pre-Meeting) 3/19/2021 (pdf)
Judiciary (Post-Meeting) 3/24/2021 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 609 Estates and Trusts Judiciary Committee Identical Last Action: 4/27/2021 H Laid on Table; companion bill(s) passed, see CS/CS/SB 1070 (Ch. 2021-183)
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 637700 - Amendment
Delete lines 236 - 748 and insert:Judiciary
(Berman)3/19/2021
4:03 PMReplaced by Committee Substitute
3/23/2021Web Page
PDFCommittee Votes (1)
Date Committee Result 3/22/2021 3:30 PM Judiciary 11 Yeas - 0 Nays Citations - Statutes (42)
Citation Catchline Location in Bill Location In Bill Help 69.031 Designated financial institutions for assets in hands of guardians, curators, administrators, trustees, receivers, or other officers. Page 5 (pdf) 732.507 Effect of subsequent marriage, birth, adoption, or dissolution of marriage. Page 7 (pdf) 736.0103 Definitions. Page 8 (pdf) 736.0105 Default and mandatory rules. Page 10 (pdf) 736.0201 Role of court in trust proceedings. Page 10 (pdf) 736.0603 Settlor’s powers; powers of withdrawal. Page 10 (pdf) 736.0703 Cotrustees. Page 10 (pdf) 736.0802 Duty of loyalty. Page 35 (pdf) 736.0808 Powers to direct. Page 12 (pdf) 736.08125 Protection of successor trustees. Page 37 (pdf) 736.1008 Limitations on proceedings against trustees. Page 12 (pdf) 736.1017 Certification of trust. Page 13 (pdf) 736.1105 Dissolution of marriage; effect on revocable trust. Page 14 (pdf) 736.1109 Page 15 (pdf) 736.1401 Page 16 (pdf) 736.1403 Page 16 (pdf) 736.1405 Page 16 (pdf) 736.1406 Page 18 (pdf) 736.1407 Page 18 (pdf) 736.1408 Page 19 (pdf) 736.1409 Page 20 (pdf) 736.141 Page 21 (pdf) 736.1411 Page 22 (pdf) 736.1412 Page 23 (pdf) 736.1413 Page 23 (pdf) 736.1414 Page 24 (pdf) 736.1415 Page 24 (pdf) 736.1416 Page 24 (pdf) 736.1501 Page 27 (pdf) 736.1502 Page 27 (pdf) 736.1503 Page 28 (pdf) 736.1504 Page 29 (pdf) 736.1505 Page 30 (pdf) 736.1506 Page 31 (pdf) 736.1507 Page 32 (pdf) 736.1508 Page 32 (pdf) 736.1509 Page 33 (pdf) 736.151 Page 33 (pdf) 736.1511 Page 33 (pdf) 736.1512 Page 34 (pdf) 738.104 Trustee’s power to adjust. Page 37 (pdf) 744.3679 Simplified accounting procedures in certain cases. Page 38 (pdf)