BILL · 2025–26 SESSION

SB 5037: Uniform custodial trust act

Enacting the uniform custodial trust act.

Summary

Enacts the Uniform Custodial Trust Act which enables a person to create a custodial trust by a property transfer or short writing.
Gives the beneficiary of a custodial trust powers to direct a custodial trustee in managing trust assets and to terminate the custodial trust.
Allows several categories of persons who are interested in a custodial trust, or in the beneficiary, to petition the court for relief should an issue arise in trust management.

From the Senate Bill Report (SB 5037), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 111, Laws of 2025

AN ACT Relating to the uniform custodial trust act;

Passed February 5, 2025

Version voted on: SB 5037

49 Yea 0 Nay 0 Absent 0 Excused

Party	Yea	Nay	Absent	Excused
Democrat	30	0	0	0
Republican	19	0	0	0

How each member voted

Passed April 10, 2025

Version voted on: SB 5037

95 Yea 0 Nay 0 Absent 3 Excused

Party	Yea	Nay	Absent	Excused
Democrat	58	0	0	1
Republican	37	0	0	2

How each member voted

Apr 22, 2025Effective date 7/27/2025.
Apr 22, 2025Chapter 111, 2025 Laws.
Apr 22, 2025Governor signed.
Apr 17, 2025Delivered to Governor.
Apr 16, 2025Speaker signed.
Apr 15, 2025President signed.
Apr 10, 2025Rules suspended. Placed on Third Reading.
Apr 10, 2025Third reading, passed; yeas, 95; nays, 0; absent, 0; excused, 3.
Apr 10, 2025Rules Committee relieved of further consideration. Placed on second reading.
Mar 25, 2025Referred to Rules 2 Review.
Mar 21, 2025CRJ - Executive action taken by committee.
Mar 21, 2025CRJ - Majority; do pass.
Feb 7, 2025First reading, referred to Civil Rights & Judiciary.
Feb 5, 2025Rules suspended. Placed on Third Reading.
Feb 5, 2025Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0.
Jan 29, 2025Placed on second reading by Rules Committee.
Jan 24, 2025Passed to Rules Committee for second reading.
Jan 23, 2025LAW - Majority; do pass.
Jan 13, 2025First reading, referred to Law & Justice.
Dec 13, 2024Prefiled for introduction.

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

SB 5037 (2023–24) Natural gas/energy code · Did not pass · died in committee
SB 5037 (2021–22) School opening metrics · Did not pass · died in committee
SB 5037 (2019–20) RTA additional voter approv. · Did not pass · died in committee
SB 5037 (2017–18) DUI 4th offense/felony · Enacted with partial veto · Chapter 335, Laws of 2017
SB 5037 (2015–16) Organized retail theft · Did not pass · passed Senate, stalled in House
SB 5037 (2013–14) Seafood labeling · Did not pass · stalled on the Senate floor
SB 5037 (2011–12) Board of naturopathy · Did not pass · stalled on the Senate floor
SB 5037 (2009–10) State route 2 project funds · Did not pass · died in committee