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H.B. No. 0139 |
Uniform Trust Code. |
Sponsored By: Representative(s) Brown, Krone, Greear, Lubnau and Throne and Senator(s) Esquibel, F., Nicholas, P. and Perkins
AN ACT relating to the Uniform Trust Code; providing for insurable interests of trustees; providing a definition; permitting spouses to transfer property held in tenancy by entirety to a trust without losing creditor claim protections; clarifying that no common law rule limiting the duration of noncharitable purpose trusts is in force in this state; limiting creditor access to trust property if the transfer to an irrevocable trust does not violate fraudulent transfers laws; providing that retaining power to pay certain taxes does not disqualify a qualified spend thrift trust; providing for a standard of clear and convincing evidence of fraudulent transfers to a qualified spendthrift trust; limiting effect of child support orders on assets in a qualified spendthrift trust; clarifying protection of financial institution creditors with respect to trust assets listed in an application for credit; providing for premortem validation of a trust; providing for distribution of trust assets as specified; and providing for an effective date.
1/10/2013 Bill Number Assigned
1/11/2013 H Received for Introduction
1/14/2013 H Introduced and Referred to H01
1/17/2013 H01 Recommended Amend and Do Pass
ROLL CALL
Ayes: Representative(s) Baker, Connolly, Halverson, Kroeker, Krone, Miller, Walters and Watt
Excused: Representative(s) Gingery
Ayes 8 Nays 0 Excused 1 Absent 0 Conflicts 0
1/17/2013 H Placed on General File
HB0139HS001/ADOPTED
Page 13-line 4 Delete ", at the".
Page 13-line 5 Delete entirely.
Page 13-line 6 Delete "trust,". KRONE, VICE-CHAIRMAN
1/21/2013 H Passed CoW
1/22/2013 H Passed 2nd Reading
1/23/2013 H Passed 3rd Reading
ROLL CALL
Ayes: Representative(s) Baker, Barlow, Berger, Blake, Blevins, Blikre, Brown, Burkhart, Byrd, Campbell, Cannady, Coleman, Connolly, Davison, Eklund, Esquibel, K., Filer, Freeman, Gay, Gingery, Goggles, Greear, Greene, Halverson, Harshman, Harvey, Hunt, Hutchings, Jaggi, Kasperik, Kirkbride, Kroeker, Krone, Larsen, Lockhart, Loucks, Lubnau, Madden, McKim, Miller, Moniz, Nicholas, B., Northrup, Patton, Paxton, Petroff, Piiparinen, Reeder, Semlek, Sommers, Stubson, Teeters, Throne, Wallis, Walters, Watt, Wilson, Winters, Zwonitzer, Dn. and Zwonitzer, Dv.
Ayes 60 Nays 0 Excused 0 Absent 0 Conflicts 0
1/24/2013 S Received for Introduction
1/28/2013 S Introduced and Referred to S01
2/11/2013 S Rereferred to S06
2/14/2013 S06 Recommended Amend and Do Pass
ROLL CALL
Ayes: Senator(s) Barnard, Burns, Christensen, Craft and Driskill
Ayes 5 Nays 0 Excused 0 Absent 0 Conflicts 0
2/14/2013 S Placed on General File
HB0139SS001/ADOPTED (TO ENGROSSED COPY)
Page 4-line 7 Delete "a new subsection (c)" insert "new subsections (c) through (e)".
Page 7-After line 15 Insert:
"(e) Nothing in this section shall be construed to limit or otherwise alter the authority granted to the department of health to assert a claim against an estate under W.S. 42‑4‑206 or to file a lien under W.S. 42‑4‑207 as could be asserted against a tenancy by the entirety established in accordance with W.S. 34‑1‑140.". BURNS, CHAIRMAN
2/19/2013 S Passed CoW
HB0139S2001/ADOPTED (TO ENGROSSED COPY)
Page 10-line 16 Delete "such" insert "the".
Page 10-line 19 After "of" delete "such" insert "the"; after "if" delete "such" insert "the".
Page 11-line 23 Strike "such" insert "those".
Page 16-line 21 Delete "such" insert "the". SCOTT
2/20/2013 S Passed 2nd Reading
2/21/2013 S Passed 3rd Reading
ROLL CALL
Ayes: Senator(s) Anderson, JD S02, Anderson, JL S28, Barnard, Bebout, Burns, Case, Christensen, Coe, Cooper, Craft, Dockstader, Driskill, Emerich, Esquibel, F., Geis, Hastert, Hicks, Hines, Johnson, Landen, Meier, Nicholas, P., Nutting, Perkins, Peterson, Ross, Rothfuss, Schiffer, Scott and Von Flatern
Ayes 30 Nays 0 Excused 0 Absent 0 Conflicts 0
2/21/2013 H Received for Concurrence
2/22/2013 H Did Concur
ROLL CALL
Ayes: Representative(s) Baker, Barlow, Berger, Blake, Blevins, Blikre, Brown, Burkhart, Byrd, Campbell, Cannady, Coleman, Connolly, Eklund, Esquibel, K., Filer, Freeman, Gay, Gingery, Goggles, Greear, Greene, Halverson, Harshman, Harvey, Hunt, Hutchings, Jaggi, Kasperik, Kirkbride, Kroeker, Krone, Larsen, Lockhart, Loucks, Lubnau, Madden, McKim, Miller, Moniz, Nicholas, B., Northrup, Patton, Paxton, Petroff, Piiparinen, Reeder, Semlek, Sommers, Stubson, Teeters, Throne, Wallis, Walters, Watt, Wilson, Winters, Zwonitzer, Dn. and Zwonitzer, Dv.
Excused: Representative(s) Davison
Ayes 59 Nays 0 Excused 1 Absent 0 Conflicts 0
2/22/2013 Assigned Number HEA No. 0084
2/25/2013 H Speaker Signed HEA No. 0084
2/25/2013 S President Signed HEA No. 0084
3/13/2013 Governor Signed HEA No. 0084
3/13/2013 Assigned Chapter Number
Chapter No. 0178 Session Laws of Wyoming 2013