2019 Regular Session
|At the request of:|
|Bill Title:||Relating to noncharitable trusts with business purposes.|
Permits creation of noncharitable business purpose trust.
Provides exemption from statutory rule against perpetuities for noncharitable business purpose trust if terms of trust expressly elect exemption.
|Fiscal Impact:||Fiscal Impact Issued|
|Revenue Impact:||Revenue Impact Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Judiciary|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|