l9n/ Mississippi

2014 Regular Session

House Bill 846

Mississippi Qualified Disposition in Trust Act; create.

Became law as Chapter 513, Laws of 2014, signed April 23, 2014, 93 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO BE KNOWN AND CITED AS THE MISSISSIPPI QUALIFIED DISPOSITION IN TRUST ACT; TO CREATE NEW SECTION 91-9-701, MISSISSIPPI CODE OF 1972, TO ENACT A SHORT TITLE; TO CREATE NEW SECTION 91-9-703, MISSISSIPPI CODE OF 1972, TO CREATE DEFINITIONS; TO CREATE NEW SECTION 91-9-705, MISSISSIPPI CODE OF 1972, TO SPECIFY THE CONTENTS OF A QUALIFIED AFFIDAVIT; TO CREATE NEW SECTION 91-9-707, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR CLAIMS AND ACTIONS AGAINST PROPERTY SUBJECT TO QUALIFIED DISPOSITION; TO CREATE NEW SECTION 91-9-709, MISSISSIPPI CODE OF 1972, TO SPECIFY THE TRANSFEROR'S POWERS AND RIGHTS; TO CREATE NEW SECTION 91-9-711, MISSISSIPPI CODE OF 1972, TO PROVIDE WHEN AND UNDER WHAT CIRCUMSTANCES A QUALIFIED DISPOSITION MAY BE AVOIDED; TO CREATE NEW SECTION 91-9-713, MISSISSIPPI CODE OF 1972, TO ENACT A SPENDTHRIFT PROVISION; TO CREATE NEW SECTION 91-9-715, MISSISSIPPI CODE OF 1972, TO SPECIFY PERSONS QUALIFIED TO SERVE AS TRUSTEES AND ADVISORS; TO CREATE NEW SECTION 91-9-717, MISSISSIPPI CODE OF 1972, TO SPECIFY PERSONS QUALIFIED TO SERVE AS INVESTMENT ADVISORS; TO CREATE NEW SECTION 91-9-719, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR APPOINTMENT OF SUCCESSOR TRUSTEES; TO CREATE NEW SECTION 91-9-721, MISSISSIPPI CODE OF 1972, TO PROVIDE WHEN A TRUST IS NOT REVOCABLE; TO CREATE NEW SECTION 91-9-723, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR APPLICABILITY OF THE ARTICLE; TO AMEND SECTIONS 91-9-503, 91-9-505 AND 91-9-507, MISSISSIPPI CODE OF 1972, TO CONFORM; TO REPEAL SECTION 91-9-509, MISSISSIPPI CODE OF 1972, WHICH PROVIDES FOR THE SITUATION WHEN A SETTLOR IS BENEFICIARY OF A SETTLOR-CREATED TRUST AS INCONSISTENT WITH THIS ACT; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

Its course

January 20 to April 23, 2014, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action21 actions on 17 days

In the House of RepresentativesJan 20 to Feb 1324 days

Judiciary AJan 20 to Jan 299 days

In the SenateFeb 13 to Mar 621 days

Judiciary, Division AFeb 21 to Mar 411 days

Back in the House of RepresentativesMar 6 to Apr 833 days

With the GovernorApr 8 to Apr 2315 days

Amendments

Each amendment offered, and what became of it.

  • House of Representatives floor amendmentAdopted

    Adopted Feb 13

  • Senate committee amendmentPending

  • Senate floor amendmentPending

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the House of Representatives Jan 20 – Feb 13

  1. Jan 20Referred to the House committee on Judiciary A
  2. Jan 29Reported from committee in the House: title sufficient, do pass
  3. Feb 12Read the third time in the House
  4. Feb 13Amended in the House
  5. Passed the House as amended

In the Senate Feb 18 – Mar 6

  1. Feb 18Sent to the Senate
  2. Feb 21Referred to the Senate committee on Judiciary, Division A
  3. Mar 4Reported from committee in the Senate: title sufficient, do pass as amended
  4. Mar 6Amended in the Senate
  5. Passed the Senate as amended

Back in the House of Representatives Mar 7 – Apr 8

  1. Mar 7Returned to the House to concur in the Senate's amendments
  2. Mar 10Declined in the House to concur, and invited a conference
  3. Mar 13Conferees named in the House: Baker, Reynolds and Lamar
  4. Mar 21Conferees named in the Senate: Hopson, Tindell and Clarke
  5. Mar 30Conference report filed in the Senate
  6. Conference report filed in the House
  7. Apr 1Conference report adopted in the Senate
  8. Apr 2Conference report adopted in the House
  9. Apr 8Enrolled bill signed in the House

To the Governor Apr 8 – Apr 23

  1. Apr 8Enrolled bill signed in the Senate
  2. Apr 23Approved by the Governor
All 21 actions, as published
  1. Jan 20Referred To Judiciary AHouse of Representatives
  2. Jan 29Title Suff Do PassHouse of Representatives
  3. Feb 12Read the Third TimeHouse of Representatives
  4. Feb 13AmendedHouse of Representatives
  5. Feb 13Passed As AmendedHouse of Representatives
  6. Feb 18Transmitted To SenateHouse of Representatives
  7. Feb 21Referred To Judiciary, Division ASenate
  8. Mar 4Title Suff Do Pass As AmendedSenate
  9. Mar 6AmendedSenate
  10. Mar 6Passed As AmendedSenate
  11. Mar 7Returned For ConcurrenceSenate
  12. Mar 10Decline to Concur/Invite ConfHouse of Representatives
  13. Mar 13Conferees Named Baker,Reynolds,LamarHouse of Representatives
  14. Mar 21Conferees Named Hopson,Tindell,ClarkeSenate
  15. Mar 30Conference Report FiledSenate
  16. Mar 30Conference Report FiledHouse of Representatives
  17. Apr 1Conference Report AdoptedSenate
  18. Apr 2Conference Report AdoptedHouse of Representatives
  19. Apr 8Enrolled Bill SignedHouse of Representatives
  20. Apr 8Enrolled Bill SignedSenate
  21. Apr 23Approved by GovernorGovernor