Fiduciaries; payment of small amounts to certain persons without involvement, threshold amount. (HB1132)

Introduced By

Del. Wren Williams (R-Stuart)

Progress

✓
 Introduced
✓
 Passed Committee
✓
 Passed House
✓
 Passed Senate
✓
 Signed by Governor
☐
 Became Law

Description

Payment of small amounts to certain persons without involvement of fiduciary; threshold. Increases from $25,000 to $50,000 the amount under which a payment to certain persons may be made without the involvement of a fiduciary. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/12/2022Committee
01/12/2022Presented and ordered printed 22103555D
01/12/2022Referred to Committee for Courts of Justice
02/01/2022Assigned Courts sub: Subcommittee #2
02/07/2022Subcommittee recommends reporting (7-Y 0-N)
02/11/2022Reported from Courts of Justice (18-Y 0-N) (see vote tally)
02/13/2022Read first time
02/14/2022Read second time and engrossed
02/15/2022Read third time and passed House BLOCK VOTE (100-Y 0-N)
02/15/2022VOTE: Block Vote Passage (100-Y 0-N) (see vote tally)
02/16/2022Constitutional reading dispensed
02/16/2022Referred to Committee on the Judiciary
02/23/2022Reported from Judiciary (14-Y 0-N) (see vote tally)
02/25/2022Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/28/2022Read third time
02/28/2022Passed by for the day
03/01/2022Read third time
03/01/2022Passed Senate (40-Y 0-N) (see vote tally)
03/03/2022Enrolled
03/03/2022Bill text as passed House and Senate (HB1132ER)
03/03/2022Signed by Speaker
03/04/2022Signed by President
03/11/2022Enrolled Bill communicated to Governor on March 11, 2022
03/11/2022G Governor's Action Deadline 11:59 p.m., April 11, 2022
04/11/2022G Approved by Governor-Chapter 317 (effective 7/1/22)
04/11/2022G Acts of Assembly Chapter text (CHAP0317)

Comments

Dee Martworthy writes:

$50,000 is a large sum to not have a fiduciary involved. No need to increase the mount from$25,000.

Posted 17 months ago.