BILL · 1991–92 SESSION · LATEST VERSION SHB 1062

HB 1062: Fiduciary power/divde trusts

Broadening the power of fiduciaries to divide trusts.

Summary

  • Fiduciaries of generation-skipping trusts (property transferred from a grandparent to grandchildren) are held to the same standards and are given the same powers to make federal estate tax elections as exists for fiduciaries of trusts that benefit spouses.

From the Substitute Senate Bill Report (SHB 1062), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 6, Laws of 1991
  1. IntroducedJan 17, 1991
  2. Out of committee
  3. Passed HouseFeb 27, 1991
  4. Passed SenateMar 27, 1991
  5. Governor
  6. LawApr 8, 1991
Prime sponsor
Curtis Ludwig (D-8)
Introduced
January 17, 1991 in the House
Last action
April 8, 1991
Session law
Chapter 6, Laws of 1991
Versions
HB 1062, SHB 1062

Sponsors

Prime sponsor: Curtis Ludwig (D-8)

3 co-sponsors (2 Democrats, 1 Republican)

Votes

House · Final Passage

February 27, 1991
Version voted on: SHB 1062
93 Yea 0 Nay 3 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat53032
Republican40000
How each member voted

Yea (93)

Absent (3)

Excused (2)

Senate · Final Passage

March 27, 1991
Version voted on: SHB 1062
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat23001
Republican25000
How each member voted

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

HB 1062 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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