HB 83 (BR 360) - M. Denham, J. Tilley
AN ACT relating to fiduciaries.
Amend KRS 395.610, regarding periodic accounting by fiduciaries, to require testamentary trustees to render accountings; exempt banks and trust companies.
HB 83 - AMENDMENTS
HFA (1, J. Vincent) - Amend to remove testamentary trusts from the bill's mandatory accounting requirements, allow for an accounting of testamentary trusts upon court petition with good cause shown, remove provision exempting testamentary trusts administered by banks from being subject to an accounting.
HFA (2, M. Denham) - Combines provisions of HFA #1 with a provision that removes the present accounting exemption applicable to testamentary trustees and guardians and conservators of mentally disabled persons and makes those persons subject to the accounting requirements of the bill.
(Prefiled by the sponsor(s).)
Jan 2-introduced in House
Jan 3-to Banking and Insurance (H)
Feb 12-posted in committee
Feb 14-reported favorably, 1st reading, to Calendar
Feb 15-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Friday, February 16, 2007
Feb 21-floor amendment (1) filed
Feb 23-floor amendment (2) filed
Feb 27-3rd reading, passed 98-0 with floor amendment (2)
Feb 28-received in Senate
Mar 2-to Banking & Insurance (S)
Mar 6-reported favorably, 1st reading, to Consent Calendar
Mar 7-2nd reading, to Rules
Mar 9-posted for passage in the Consent Orders of the Day for Friday, March 9, 2007; 3rd reading, passed 38-0; received in House
Mar 12-enrolled, signed by each presiding officer; delivered to Governor
Mar 23-signed by Governor (Acts Ch. 82)