HB 755 Wills & trusts; formula clauses referring to federal estate, generation-skipping transfer tax laws.
William R. Janis | all patrons    ...    notes
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Summary as introduced:
Wills and trusts; formula clauses referring to federal estate and generation-skipping transfer tax laws; application.  Provides that a formula for calculating transfers or devises based on federal estate or generation-skipping transfer tax law contained in a will or trust of a decedent who dies after December 31, 2009, and before January 1, 2011, shall be construed to refer to the tax law applicable on December 31, 2009. The bill is intended to address the consequences of the repeal of the federal estate and generation-skipping transfer taxes with respect to estates and taxable transfers occurring after December 31, 2009, and before January 1, 2011. The bill contains an emergency clause and its provisions will also be effective retroactive to December 31, 2009.

Full text:
01/12/10  House: Prefiled and ordered printed with emergency clause; offered 01/13/10 10103481D  pdf
03/02/10  House: Bill text as passed House and Senate (HB755ER)  pdf
04/07/10  Governor: Acts of Assembly Chapter text (CHAP0238)  pdf

Status:
01/12/10  House: Prefiled and ordered printed with emergency clause; offered 01/13/10 10103481D
01/12/10  House: Referred to Committee for Courts of Justice
01/19/10  House: Assigned Courts sub: Civil
01/25/10  House: Subcommittee recommends reporting (9-Y 0-N)
01/27/10  House: Reported from Courts of Justice (22-Y 0-N)
01/29/10  House: Read first time
02/01/10  House: Read second time and engrossed
02/02/10  House: Read third time and passed House BLOCK VOTE (97-Y 0-N)
02/02/10  House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
02/03/10  Senate: Constitutional reading dispensed
02/03/10  Senate: Referred to Committee for Courts of Justice
02/17/10  Senate: Assigned Courts sub: Civil
02/22/10  Senate: Reported from Courts of Justice (15-Y 0-N)
02/23/10  Senate: Constitutional reading dispensed (40-Y 0-N)
02/24/10  Senate: Read third time
02/24/10  Senate: Passed Senate (40-Y 0-N)
03/02/10  House: Enrolled
03/02/10  House: Bill text as passed House and Senate (HB755ER)
03/02/10  House: Signed by Speaker
03/03/10  Senate: Signed by President
04/07/10  Governor: Approved by Governor-Chapter 238 (effective 4/7/10 see bill)
04/07/10  Governor: Acts of Assembly Chapter text (CHAP0238)