GA HB497 | 2019-2020 | Regular Session
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on February 26 2019 - 25% progression, died in committee
Action: 2019-02-28 - House Second Readers
Pending: House Banks and Banking Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 26 2019 - 25% progression, died in committee
Action: 2019-02-28 - House Second Readers
Pending: House Banks and Banking Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A BILL to be entitled an Act to amend Chapter 12 of Title 53 of the O.C.G.A., relating to trusts, so as to establish qualified self-settled spendthrift trusts; to amend Part 4 of Article 9 of Title 11 of the O.C.G.A., relating to rights of third parties to secured transactions, so as to exclude qualified self-settled spendthrift trusts from restrictions on assignment; to provide for related matters; to repeal conflicting laws; and for other purposes.
Title
Trusts; qualified self-settled spendthrift trusts; establish
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2019-02-28 | House | House Second Readers |
| 2019-02-27 | House | House First Readers |
| 2019-02-26 | House | House Hopper |
Georgia State Sources
| Type | Source |
|---|---|
| Summary | https://www.legis.ga.gov/legislation/55507 |
| Text | https://www.legis.ga.gov/api/legislation/document/20192020/182961 |
