SB100 allows trustees to pay a trust creator's personal income taxes directly to the government or reimburse the creator for taxes owed on the trust, as long as an independent trustee, advisor, or protector (not the creator themselves) approves the payment. The bill clarifies that making these tax payments won't change the creator's legal status as a trust owner or affect their beneficiary rights under state law.
This amendment made primarily technical and formatting changes to convert the bill from introduced to enrolled status, including updating section references from 26.464.15 to 26.464.16 and removing formatting indicators. The substantive provisions of the bill—allowing trustees to reimburse trustors for certain tax liabilities and permitting trustees to appoint trust assets to separate trusts—remain unchanged.
Signed by the Governor S.J. 514
Delivered to the Governor S.J. 455
Signed by the Speaker H.J. 493
Signed by the President S.J. 434
House of Representatives Do Pass Passed, YEAS 64, NAYS 2. H.J. 459
Judiciary Do Pass Passed, YEAS 11, NAYS 1. H.J. 29
Judiciary Scheduled for hearing
House of Representatives Referred to House Judiciary H.J. 262
First Reading House H.J. 238
Senate Do Pass Passed, YEAS 34, NAYS 0. S.J. 182
Commerce and Energy Certified uncontested, placed on consent S.J. 7
Commerce and Energy Do Pass Passed, YEAS 8, NAYS 0. S.J. 7
Commerce and Energy Scheduled for hearing
First read in Senate and referred to Senate Commerce and Energy S.J. 66
Prime sponsor · Sen.
R
Prime sponsor · Rep.
R
Cosponsors
Do Pass
Judiciary — Do Pass
Do Pass
Commerce and Energy — Do Pass