Date	Chamber	Action
7/22/2016	House	Public Act . . . . . . . . . 99-0609

Statutes Amended In Order of Appearance

New Act

Synopsis As Introduced
Creates the Land Trust Beneficiary Rights Act. Provides that if the identity of the trustee of a land trust has been changed by virtue of sale, assignment, appointment, or otherwise, but the beneficial owner or owners of the land trust remain unchanged, the rights of the beneficial owner or owners shall in no way be impaired by the change of trustees. Provides that a change of trustees pursuant to a sale, acquisition, or appointment governed by the Corporate Fiduciaries Act is not a bar or defense to any pending court action filed by or in the name of either the previous trustee or the new trustee, irrespective of whether the court action was originally filed in a representative capacity on behalf of the beneficial owner or owners.

House Committee Amendment No. 1
Adds a statement of legislative findings. Replaces everything after the enacting clause with the provisions of the introduced bill and makes the following change: provides that a change of trustee pursuant to a sale, acquisition, or appointment governed by the Corporate Fiduciary Act is not a bar or defense to any court action (instead of "pending court action") filed by or in the name of either the previous trustee, irrespective of whether the court action was originally filed in a representative capacity on behalf of the beneficial owner or owners.

Actions 

Date	Chamber	Action
2/5/2016	House	Filed with the Clerk by Rep. Elaine Nekritz
2/5/2016	House	First Reading
2/5/2016	House	Referred to Rules Committee
2/23/2016	House	Assigned to Judiciary - Civil Committee
3/24/2016	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Elaine Nekritz
3/24/2016	House	House Committee Amendment No. 1 Referred to Rules Committee
4/4/2016	House	House Committee Amendment No. 1 Rules Refers to Judiciary - Civil Committee
4/5/2016	House	House Committee Amendment No. 1 Adopted in Judiciary - Civil Committee; by Voice Vote
4/5/2016	House	Do Pass as Amended / Short Debate Judiciary - Civil Committee; 011-000-000
4/5/2016	House	Placed on Calendar 2nd Reading - Short Debate
4/5/2016	House	Added Chief Co-Sponsor Rep. André Thapedi
4/7/2016	House	Second Reading - Short Debate
4/7/2016	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/14/2016	House	Chief Sponsor Changed to Rep. Ann M. Williams
4/18/2016	House	Third Reading - Short Debate - Passed 111-000-000
4/19/2016	Senate	Arrive in Senate
4/19/2016	Senate	Placed on Calendar Order of First Reading April 20, 2016
4/19/2016	Senate	Chief Senate Sponsor Sen. Michael E. Hastings
4/19/2016	Senate	First Reading
4/19/2016	Senate	Referred to Assignments
4/27/2016	Senate	Assigned to Judiciary
5/4/2016	Senate	Do Pass Judiciary; 010-000-000
5/4/2016	Senate	Placed on Calendar Order of 2nd Reading May 5, 2016
5/10/2016	Senate	Second Reading
5/10/2016	Senate	Placed on Calendar Order of 3rd Reading May 11, 2016
5/24/2016	Senate	Third Reading - Passed; 053-000-000
5/24/2016	House	Passed Both Houses
6/13/2016	House	Sent to the Governor
7/22/2016	House	Governor Approved
7/22/2016	House	Effective Date January 1, 2017
7/22/2016	House	Public Act . . . . . . . . . 99-0609

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