BILL · 1993–94 SESSION · LATEST VERSION SSB 5066

SB 5066: Limiting powers of trustees

Limiting powers of trustees.

Summary

  • Holders of powers of appointment are prohibited from making discretionary distributions of property for their own benefit, except to provide for their health, education, maintenance or support. An exception is provided when the terms of an agreement granting a power of appointment expressly state that this prohibition shall not apply.

From the Substitute Senate Bill Report (SSB 5066), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 339, Laws of 1993
  1. IntroducedJan 11, 1993
  2. Out of committee
  3. Passed SenateMar 9, 1993
  4. Passed HouseApr 13, 1993
  5. Governor
  6. LawMay 15, 1993
Prime sponsor
Adam Smith (D-33)
Introduced
January 11, 1993 in the Senate
Last action
May 15, 1993
Session law
Chapter 339, Laws of 1993
Budget
Has a fiscal note
Versions
SB 5066, SSB 5066

Sponsors

Prime sponsor: Adam Smith (D-33)

2 co-sponsors (0 Democrats, 2 Republicans)

Votes

Senate · Final Passage

March 9, 1993
Version voted on: SSB 5066
47 Yea 1 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat26101
Republican21000
How each member voted

House · Final Passage

April 13, 1993
Version voted on: SSB 5066
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat63000
Republican35000
How each member voted

Yea (98)

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.

SB 5066 in other sessions

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

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