Grantor trusts; settlor's creditors; payment of taxes. (SB432)
Introduced By
Sen. Richard Stuart (R-Westmoreland)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Grantor trusts; settlor's creditors; payment of taxes. Prohibits creditors from compelling the trustee of a grantor trust to exercise his discretionary authority to pay income taxes on trust income. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/11/2012 | Prefiled and ordered printed; offered 01/11/12 |
01/11/2012 | Prefiled and ordered printed; offered 01/11/12 12101399D |
01/11/2012 | Referred to Committee for Courts of Justice |
01/18/2012 | Reported from Courts of Justice with amendment (15-Y 0-N) (see vote tally) |
01/20/2012 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
01/23/2012 | Read second time |
01/23/2012 | Reading of amendment waived |
01/23/2012 | Committee amendment agreed to |
01/23/2012 | Engrossed by Senate as amended SB432E |
01/23/2012 | Printed as engrossed 12101399D-E |
01/24/2012 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
02/13/2012 | Placed on Calendar |
02/13/2012 | Read first time |
02/13/2012 | Referred to Committee for Courts of Justice |
02/16/2012 | Assigned Courts sub: #2 Civil |
02/27/2012 | Subcommittee recommends reporting (9-Y 0-N) |
02/27/2012 | Reported from Courts of Justice (18-Y 0-N) (see vote tally) |
02/29/2012 | Read second time |
03/01/2012 | Read third time |
03/01/2012 | Passed House BLOCK VOTE (99-Y 0-N) |
03/01/2012 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
03/06/2012 | Enrolled |
03/06/2012 | Bill text as passed Senate and House (SB432ER) |
03/06/2012 | Signed by Speaker |
03/08/2012 | Signed by President |
04/09/2012 | G Approved by Governor-Chapter 718 (effective 7/1/12) |
04/09/2012 | G Acts of Assembly Chapter text (CHAP0718) |