30th Legislature, 2019
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SB2842 SD2 HD1 CD1     
Measure Title: RELATING TO THE PERMITTED TRANSFERS IN TRUST ACT.
Report Title: Permitted Transfers in Trust Act; Rule Against Perpetuities
Description: Creates the Permitted Transfers in Trust Act to govern transfers of currency, bonds, and securities from a transferor to a trustee by means of an irrevocable trust instrument. Specifies that the rule against perpetuities does not apply to transfers pursuant to the Permitted Transfers in Trust Act. Effective July 1, 2010. (CD1)
Companion:
Package: None
Current Referral: CPC, FIN
Introducer(s): BUNDA, BAKER, CHUN OAKLAND, ESPERO, FUKUNAGA, IHARA, Gabbard, Ige, Sakamoto, Takamine, Tsutsui

Sort by Date Status Text
1/27/2010SIntroduced.
1/27/2010SPassed First Reading.
1/28/2010SReferred to CPN, WAM.
2/2/2010SThe committee(s) on CPN added the measure to the public hearing scheduled on 02-05-10 9:00AM in conference room 225.
2/5/2010SThe committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 6 Aye(s): Senator(s) Baker, Ige, Espero, Green, Sakamoto, Hemmings; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Ihara.
2/9/2010SReported from CPN (Stand. Com. Rep. No. 2101) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/9/2010SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/17/2010SThe committee(s) on WAM will hold a public decision making on 02-22-10 10:00AM in conference room 211.
2/22/2010SThe committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 10 Aye(s): Senator(s) Kim, Tsutsui, Chun Oakland, English, Fukunaga, Galuteria, Hooser, Kidani, Kokubun, Tokuda; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Hee, Hemmings.
2/26/2010SReported from WAM (Stand. Com. Rep. No. 2476) with recommendation of passage on Third Reading, as amended (SD 2).
2/26/2010S48 Hrs. Notice 03-02-10.
3/2/2010SReport adopted; Passed Third Reading, as amended (SD 2). Ayes, 24; Aye(s) with reservations: none . Noes, 0 (none). Excused, 1 (Bunda). Transmitted to House.
3/2/2010HReceived from Senate (Sen. Com. No. 289) in amended form (SD 2).
3/3/2010HPass First Reading
3/3/2010HReferred to CPC, FIN, referral sheet 35
3/5/2010HBill scheduled to be heard by CPC on Wednesday, 03-10-10 2:00PM in House conference room 325.
3/10/2010HThe committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 11 Ayes: Herkes, Belatti, Ito, Karamatsu, Luke, McKelvey, Morita, Souki, Tsuji, Marumoto, Thielen; Ayes with reservations: none; 0 Noes: none; and 4 Excused: Wakai, Cabanilla, Carroll, Mizuno.
3/18/2010HReported from CPC (Stand. Com. Rep. No. 817-10) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
3/18/2010HPassed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting no (0) and Cabanilla, Finnegan, Manahan, M. Oshiro excused (4).
3/23/2010HBill scheduled to be heard by FIN on Friday, 03-26-10 12:00PM in House conference room 308.
3/26/2010HThe committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: M. Oshiro, M. Lee, Aquino, Awana, Brower, Choy, Coffman, Har, Keith-Agaran, C. Lee, Nishimoto, Wooley, Yamashita, Finnegan, Ward; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Sagum, Tokioka.
4/1/2010HReported from FIN (Stand. Com. Rep. No. 1149-10), recommending passage on Third Reading.
4/6/2010HPassed Third Reading with Representative(s) Rhoads voting no (1) and Representative(s) Hanohano excused (1). Transmitted to Senate.
4/7/2010SReceived from House (Hse. Com. No. 411).
4/7/2010SDeferred until 04-08-10.
4/8/2010SSenate disagrees with House amendments.
4/8/2010SSenate Conferees appointed: Baker, Chair; Tsutsui, Co-Chair(s); Espero, Ige, Hemmings.
4/8/2010HReceived notice of disagreement (Sen. Com. No. 533).
4/8/2010HReceived notice of Senate conferees (Sen. Com. No. 534).
4/12/2010HHouse conferees appointed: Herkes, Choy Co-Chairs; Aquino, Wakai, Marumoto.
4/12/2010SReceived notice of appointment of House conferees (Hse. Com. No. 557).
4/14/2010SConference committee meeting scheduled for 04-15-10 2:00PM in conference room 016.
4/15/2010SConference committee meeting to reconvene on 04-19-10 2:00PM in conference room 016.
4/19/2010SConference committee meeting to reconvene on 04-23-10 9:00AM in conference room 016.
4/23/2010SConference committee meeting to reconvene on 04-23-10 2:00PM in conference room 016.
4/23/2010SThe Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 4 Aye(s): Senator(s) Baker, Tsutsui, Espero, Hemmings; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Ige.
4/23/2010HThe Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 4 Ayes: Representative(s) Herkes, Choy, Wakai, Marumoto; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Aquino.
4/23/2010SReported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 103-10).
4/23/2010HReported from Conference Committee (Conf Com. Rep. No. 103-10) as amended in (CD 1).
4/23/2010HForty-eight (48) hours notice Monday, 04-26-10.
4/23/2010S48 Hrs. Notice (as amended CD 1) 04-26-10.
4/26/2010HDeferred to Tuesday, 04-27-10.
4/26/2010SDeferred until 04-27-10.
4/27/2010HPassed Final Reading as amended in CD 1 with Representative(s) Rhoads voting no (1) and none excused (0).
4/27/2010SPassed Final Reading, as amended (CD 1). 24 Aye(s); Aye(s) with reservations: Senator(s) Slom . 0 No(es): none. 1 Excused: Senator(s) Ihara.
4/27/2010HReceived notice of Final Reading (Sen. Com. No. 645).
4/28/2010SReceived notice of passage on Final Reading in House (Hse. Com. No. 630).
5/3/2010SEnrolled to Governor.
6/28/2010SAct 182, 6/28/2010 (Gov. Msg. No. 643).
6/28/2010HAct 182, on 6/28/2010 (Gov. Msg. No. 404).

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB2842 SD2 HD1 CD1



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CommRoomDate/TimeNotice
CPN 229 2/05/2010 9:00 AM View
WAM 211 2/22/2010 10:00 AM View
CPC 325 3/10/2010 2:00 PM View
FIN 308 3/26/2010 12:00 PM View
CONF 016 4/15/2010 2:00 PM View
CONF 016 4/19/2010 2:00 PM View
CONF 016 4/23/2010 9:00 AM View
CONF 016 4/23/2010 2:00 PM View