07RS HB83

HB83

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Includes opposite chamber sponsors where requested by primary sponsors of substantially similar bills in both chambers and jointly approved by the Committee on Committees of both chambers. Opposite chamber sponsors are represented in italics.


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)

Vote History

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