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2019 Regular Session
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Overview
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to noncharitable trusts with business purposes.
Catchline/Summary: 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.
Chapter Number:
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
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
Scheduled Events