HB 1380 Virginia House of Delegates · 2020 Regular Session

Uniform Directed Trust Act; codifies Act.

Summary

Uniform Directed Trust Act. Codifies theUniform Directed Trust Act, which expressly validates terms of a trustthat provide for a trust director, a term that is defined in theAct, and prescribes a set of rules for directed trusts, includingallocation of fiduciary duties.

Bill status signed all 5 stages cleared

Introduction

Jan 2020

Committee Review

Feb 2020

House of Delegates Passage

Jan 2020

Senate Passage

Feb 2020

Signed into Law

Apr 2020

Introduced Jan 8, 2020 Signed Apr 7, 2020

Floor votes

How they voted

This bill passed the Senate. No roll call record of that vote is available.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 7, 2020

Signed into law

Approved by Governor-Chapter 768 (effective 7/1/20)

executive

Feb 26, 2020

Upper · Passed

Passed Senate (35-Y 5-N)

upper

Feb 24, 2020

Upper · Passed

Reported from Judiciary (11-Y 3-N 1-A)

upper

Feb 17, 2020

Committee

Rereferred to Judiciary

upper

Feb 17, 2020

Committee

Rereferred from Commerce and Labor (15-Y 0-N)

upper

Jan 29, 2020

Committee

Referred to Committee on Commerce and Labor

upper

Jan 28, 2020

Lower · Passed

Read third time and passed House BLOCK VOTE (97-Y 0-N)

lower

Jan 22, 2020

Lower · Passed

Reported from Courts of Justice (22-Y 0-N)

lower

Jan 15, 2020

Lower · Passed

Subcommittee recommends reporting (7-Y 0-N)

lower

Jan 14, 2020

Committee

Assigned Courts sub: Civil

lower

Jan 8, 2020

Committee

Referred to Committee for Courts of Justice

lower

Jan 8, 2020

Introduced

Prefiled and ordered printed; offered 01/08/20 20102232D

lower

1 primary · 0 co-sponsors