AN ACT relating to trusts.
Summary
Amend KRS 386B.1-010 to add definitions; create new sections of Subchapter 5 of KRS Chapter 386B to permit the establishment of spendthrift trusts; establish rules for spendthrift trusts; amend KRS 386B.1-030, 386B.4-110, 386.175, 390.320, 394.035, and 394.640 to conform; repeal KRS 386B.5-010 to 386B.5-060.
Bill status
vetoed
4 of 5 stages cleared
Introduction
Feb 2024
Committee Review
Apr 2024
House Passage
Mar 2024
Senate Passage
Mar 2024
Vetoed
Apr 2024
Introduced Feb 26, 2024
Vetoed Apr 15, 2024
Floor votes · House Mar 14, 2024
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
29
Key actions
7
Committee
7
Amendments
2
Apr 15, 2024
Vetoed
Veto not acted upon, and Bill and Veto Message filed with Secretary of State
lower
Apr 12, 2024
Vetoed
posted for passage for consideration of Governor's veto
lower
Apr 12, 2024
Committee
to Rules (H)
lower
Apr 9, 2024
Vetoed
Vetoed
lower
Mar 28, 2024
Upper · Passed
enrolled, signed by President of the Senate
upper
Mar 28, 2024
Lower · Passed
enrolled, signed by Speaker of the House
lower
Mar 27, 2024
Lower · Passed
passed 35-0
lower
Mar 26, 2024
Lower · Passed
passed over and retained in the Orders of the Day
lower
Mar 22, 2024
Introduced
floor amendment (1) filed
lower
Mar 21, 2024
Lower · Passed
reported favorably, 1st reading, to Calendar
lower
Mar 15, 2024
Committee
to Banking & Insurance (S)
upper
Mar 15, 2024
Committee
to Committee on Committees (S)
upper
Mar 14, 2024
Lower · Passed
3rd reading, passed 93-1 with Committee Substitute (1) and Floor Amendment (1)
lower
Mar 12, 2024
Introduced
floor amendment (1) filed to Committee Substitute
lower
Mar 6, 2024
Lower · Passed
reported favorably, 1st reading, to Calendar with Committee Substitute (1)
lower
Mar 5, 2024
Committee
to Banking & Insurance (H)
lower
Feb 26, 2024
Committee
to Committee on Committees (H)
lower
Feb 26, 2024
Introduced
introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Matt Lockett
RRepublican
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