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HB 2623 Oregon House · 2017 Regular Session

Relating to trusts.

Summary
Allows trustee of trust to make disbursements for trustee's compensation or compensation of person providing investment advisory or custodial services out of principal or income under certain circumstances. Requires transaction between trustee and beneficiary of trust from which trustee obtains advantage to be outside trustee's business or on unusually unfavorable terms to be voidable by beneficiary.
Bill status signed all 4 stages cleared
Introduction
Jan 2017
Committee Review
May 2017
Senate Passage
Mar 2017
Signed into Law
May 2017
Introduced Jan 9, 2017 Signed May 17, 2017
Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
17
Key actions
7
Committee
4
May 17, 2017
Signed into law
Governor signed.
legislature
May 10, 2017
Legislature · Passed
President signed.
legislature
May 10, 2017
Legislature · Passed
Speaker signed.
legislature
May 8, 2017
Legislature · Passed
Third reading. Carried by Thatcher. Passed.
legislature
May 4, 2017
Legislature · Passed
Recommendation: Do pass.
legislature
Mar 13, 2017
Committee
Referred to Judiciary.
legislature
Mar 8, 2017
Introduced
First reading. Referred to President's desk.
legislature
Mar 7, 2017
Legislature · Passed
Third reading. Carried by Williamson. Passed.
legislature
Mar 3, 2017
Legislature · Passed
Recommendation: Do pass.
legislature
Jan 18, 2017
Committee
Referred to Judiciary.
legislature
Jan 9, 2017
Introduced
First reading. Referred to Speaker's desk.
legislature
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.