SB 78 — Trust decanting; authorized fiduciary.
Last action — Governor's Action Deadline Midnight, April 9, 2018
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House of Delegates
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced December 04, 2017. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Cleared a recorded vote
Passed 6 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Bill Text
What changed in the latest version
35 added · 42 removedPlain-language change summary
The changes to SB 78 focus on refining the definitions and roles within the trust management process. Specifically, it clarifies who can act as a fiduciary and outlines the conditions under which certain beneficiaries may receive trust distributions. These updates are significant because they aim to ensure that trust beneficiaries are clearly defined and protected, thus enhancing the overall integrity and functioning of trust management in Virginia.
SESSION history | hilite | pdf | print version 18101870DVIRGINIA SENATEACTS BILLOF NO.ASSEMBLY -- CHAPTER An Act to amend and reenact §§ 64.2-701 and 64.2-779.5 of the Code of Virginia, relating to trust decanting;
78 Offered January 10, 2018 Prefiled December 4, 2017 A BILL to amend and reenact §§ 64.2-701 and 64.2-779.5 of the Code of Virginia, relating to trust decanting;
----------[S Patron--78] EdwardsApproved ---------- Referred to Committee for Courts of Justice ---------- Be it enacted by the General Assembly of Virginia:
View plain text versions (2)
- Senate: Bill text as passed Senate and House (SB78ER) View text Current html March 05, 2018
- Prefiled Senate: Prefiled and ordered printed with emergency clause; offered 01/10/18 18101870D html December 04, 2017
Action History
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Governor's Action Deadline Midnight, April 9, 2018
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Enrolled Bill Communicated to Governor on March 14, 2018
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Signed by President
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Signed by Speaker
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Enrolled
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Passed House BLOCK VOTE (98-Y 0-N)
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Read third time
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Read second time
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Assigned Courts sub: Subcommittee #2
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Referred to Committee for Courts of Justice
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Read first time
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Placed on Calendar
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Read second time and engrossed
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Referred to Committee for Courts of Justice
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Prefiled and ordered printed with emergency clause; offered 01/10/18 18101870D
Sponsors
- John S. Edwards · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 147 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (147)
147 members have not signed on to this bill.
Show all 147 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 98 | 0 | 0 | 0 |
| Total | 98 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (98)
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Subjects
Frequently asked questions
- Who sponsors SB 78?
- SB 78 is sponsored by Edwards, John S..
- What is the current status of SB 78?
- This bill has been enacted into law. Introduced December 04, 2017. Enacted.
- Where can I track SB 78?
- Track SB 78 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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