AB 2426 California Assembly · 2017-2018 Regular Session

Trustee: power to terminate trust.

Summary

Existing law regulates the administration of trusts by trustees on behalf of beneficiaries. Existing law authorizes, if the principal of a trust does not exceed $40,000 in value, the trustee to terminate the trust. This bill would instead authorize a trustee to terminate a trust if the principal does not exceed $50,000 in value.

Bill status signed all 5 stages cleared

Introduction

Feb 2018

Committee Review

Jun 2018

Assembly Passage

Apr 2018

Senate Passage

Jun 2018

Signed into Law

Jul 2018

Introduced Feb 14, 2018 Signed Jul 9, 2018

Floor votes · Senate Jun 25, 2018 · Assembly Apr 9, 2018

How they voted

32–0

Passed · 2 other

Total votes 34

Jun 25, 2018

D Democratic23

22 Yea 1

95% Yea

R Republican11

10 Yea 1

90% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jul 9, 2018

Signed into law

Approved by the Governor.

legislature

Jun 25, 2018

Senate · Passed

Senate Vote: pass (32-0-2)

senate

Jun 25, 2018

Lower · Passed

In Assembly. Ordered to Engrossing and Enrolling.

lower

Jun 13, 2018

Upper · Passed

From committee: Do pass. To Consent Calendar. (Ayes 7. Noes 0.) (June 12).

upper

Apr 19, 2018

Committee

Referred to Com. on JUD.

upper

Apr 9, 2018

Assembly · Passed

Assembly Vote: pass (66-0-5)

assembly

Apr 3, 2018

Lower · Passed

From committee: Do pass. To Consent Calendar. (Ayes 10. Noes 0.) (April 3).

lower

Mar 7, 2018

Committee

Re-referred to Com. on JUD.

lower

Mar 6, 2018

Introduced

From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.

lower

Mar 5, 2018

Committee

Referred to Com. on JUD.

lower

Feb 15, 2018

Lower · Passed

From printer. May be heard in committee March 17.

lower

1 primary · 0 co-sponsors