HB1209

Rule against perpetuities.

Latest bill text (Comm Sub) [PDF]

Summary

Rule against perpetuities. Adds provisions regarding a second power of appointment. Extends the period of time for which certain nonvested property interests are valid from 90 years to 360 years after the interest is created. Extends the period of time for which certain powers of appointment are valid under specified conditions from 90 years to 360 years. Makes conforming changes.

Authors

Authored by Representative HeineCoauthored by Representative Snow

Roll Calls

2024-02-27SenateSenate - Third reading PASS
2024-02-01HouseHouse - Third reading PASS

Fiscal Outlook

Title Description Date View
Fiscal NoteFiscal Note #1: Senate Enrolled2024-03-01 Click To View
Fiscal NoteFiscal Note #3: Senate Comm Sub2024-02-27 Click To View
Fiscal NoteFiscal Note #2: Senate Comm Sub2024-02-26 Click To View
Fiscal NoteFiscal Note #1: Senate Comm Sub2024-02-23 Click To View
Committee ReportHouse Committee Report2024-02-22 Click To View
Vote SheetVote Sheet February 21, 20242024-02-21 Click To View
Fiscal NoteFiscal Note #3: House Comm Sub2024-02-01 Click To View
Fiscal NoteFiscal Note #2: House Comm Sub2024-01-31 Click To View
Committee ReportHouse Committee Report2024-01-29 Click To View
Vote SheetVote Sheet January 29, 20242024-01-29 Click To View
Fiscal NoteFiscal Note #1: House Comm Sub2024-01-29 Click To View
Fiscal NoteFiscal Note #1: Introduced2024-01-08 Click To View

History

Date Chamber Action
2024-03-11HousePublic Law 61
2024-03-11HouseSigned by the Governor
2024-03-08SenateSigned by the President of the Senate
2024-03-05SenateSigned by the President Pro Tempore
2024-03-04HouseSigned by the Speaker
2024-02-28SenateReturned to the House without amendments
2024-02-27SenateThird reading: passed; Roll Call 211: yeas 31, nays 17
2024-02-26SenateSecond reading: ordered engrossed
2024-02-22SenateCommittee report: do pass, adopted
2024-02-12SenateFirst reading: referred to Committee on Judiciary
2024-02-02HouseReferred to the Senate
2024-02-01HouseThird reading: passed; Roll Call 123: yeas 85, nays 8
2024-02-01HouseSenate sponsors: Senators Brown L and Johnson T
2024-01-31HouseSecond reading: ordered engrossed
2024-01-30HouseRepresentative Prescott added as coauthor
2024-01-29HouseCommittee report: amend do pass, adopted
2024-01-16HouseRepresentative Steuerwald added as coauthor
2024-01-09HouseFirst reading: referred to Committee on Judiciary
2024-01-09HouseAuthored by Representative Heine
2024-01-09HouseCoauthored by Representative Snow