2023-2024 Session
Change SessionH.279 (Act 177)
An act relating to the Uniform Trust Decanting Act
- Sponsor(s)
- Last Recorded Action
- Senate 5/10/2024 - House message: Governor approved bill on June 13, 2024
Bill/Resolution Text
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An act relating to the Uniform Trust Decanting Act
Detailed Status
Regular Session 2023-2024
| Body | Date | Journal | Calendar | Location | Full Status |
|---|
An act relating to the Uniform Trust Decanting Act
Roll Call History
Regular Session 2023-2024
| Body | Date | Journal | Location | Full Status |
|---|
Although procedurally bills and resolutions are assigned to only one committee at a time, other committees may review the bill or resolution. This page contains results from both the assigned committee as well as other committees.
An act relating to the Uniform Trust Decanting Act
Committee Meetings
Regular Session 2023-2024
| Meeting Date | Committee |
|---|
An act relating to the Uniform Trust Decanting Act
Meeting Full List
Regular Session 2023-2024
Wednesday, February 21, 2024
- Committee(s):
- House Committee on Judiciary
- 9:00 AM
-
H.279 - An act relating to the Uniform Trust Decanting Act
Testimony
Richard Cassidy, Attorney, Rich Cassidy Law
Greg Glennon, Superior Judge, Chittenden Probate Division
Mark Langan, Attorney, Dinse
Chris D'Elia, President, Vermont Bankers' Association
Daniel Kimbell, Executive Vice President, Passumpsic Financial Advisors
Friday, February 23, 2024
- Committee(s):
- House Committee on Judiciary
- -
-
H.279 - An act relating to the Uniform Trust Decanting Act
Vote
Wednesday, February 28, 2024
- Committee(s):
- House Committee on Ways and Means
- 1:30 PM
-
H.279 - An act relating to the Uniform Trust Decanting Act
Chris D'Elia, President, Vermont Bankers' Association
Mark Langan, Attorney, Dinse
- 2:15 AM
-
H.279 - An act relating to the Uniform Trust Decanting Act
Wednesday, March 13, 2024
- Committee(s):
- House Committee on Ways and Means
-
H.279 - An act relating to the Uniform Trust Decanting Act
potential vote
David Peterson, Special Counsel, Gravel and Shea
Will Baker, General Counsel, Department of Taxes
Thursday, April 4, 2024
- Committee(s):
- Senate Committee on Judiciary
- 10:45 AM
-
H.279 - An act relating to the Uniform Trust Decanting Act
Walk-through
Mark Langan, Attorney, Dinse
Tuesday, April 16, 2024
- Committee(s):
- Senate Committee on Judiciary
- 10:45 AM
-
H.279 - An act relating to the Uniform Trust Decanting Act
Walk-through
Mark Langan, Attorney, Dinse
- 11:10 AM
-
H.279 - An act relating to the Uniform Trust Decanting Act
Vote
Tuesday, April 23, 2024
- Committee(s):
- Senate Committee on Finance
- 2:45 PM
-
H.279 - An act relating to the Uniform Trust Decanting Act
Walk-through
Erik FitzPatrick, Legislative Counsel, Office of Legislative Counsel
Committee Documents
An act relating to the Uniform Trust Decanting Act
Witnesses Who Testified
Regular Session 2023-2024
House Committee on Judiciary
- Richard Cassidy, Attorney, Rich Cassidy Law
- Chris D'Elia, President, Vermont Bankers' Association
- Greg Glennon, Superior Judge, Chittenden Probate Division
- Daniel Kimbell, Executive Vice President, Passumpsic Financial Advisors
- Mark Langan, Attorney, Dinse
House Committee on Ways and Means
- Will Baker, General Counsel, Department of Taxes
- Chris D'Elia, President, Vermont Bankers' Association
- Mark Langan, Attorney, Dinse
- David Peterson, Special Counsel, Gravel and Shea
Senate Committee on Finance
- Erik FitzPatrick, Legislative Counsel, Office of Legislative Counsel
Senate Committee on Judiciary
- Mark Langan, Attorney, Dinse
Fiscal notes and materials available on this web page are provided for informational purposes only, and may not comprise all materials received by the Vermont Legislature or the final fiscal information related to a specific bill. The Legislature is not responsible for the accuracy of any information in these materials, and their posting does not constitute approval or endorsement by the Legislature.
No fiscal documents found for H.279 in the Regular Session 2023-2024.
No committee of conference members found for H.279 in the Regular Session 2023-2024.
An act relating to the Uniform Trust Decanting Act
Committee of Conference Meetings
Regular Session 2023-2024
| Meeting Date | Committee |
|---|
An act relating to the Uniform Trust Decanting Act
Committee of Conference Meeting Full List
Regular Session 2023-2024
No committee of conference meeting history found for H.279 in the Regular Session 2023-2024.
No committee of conference report found for H.279 in the Regular Session 2023-2024.
Act
An act relating to the Uniform Trust Decanting Act
Statutes Affected
Regular Session 2023-2024
| Statute |
|---|
| 14A V.S.A. § 1401. Short title. |
| 14A V.S.A. § 1402. Definitions |
| 14A V.S.A. § 1403. Scope |
| 14A V.S.A. § 1404. Fiduciary duty |
| 14A V.S.A. § 1405. Application; governing law |
| 14A V.S.A. § 1406. Reasonable reliance |
| 14A V.S.A. § 1407. Notice; exercise of decanting power |
| 14A V.S.A. § 1408. Representation |
| 14A V.S.A. § 1409. Court involvement |
| 14A V.S.A. § 1410. Formalities |
| 14A V.S.A. § 1411. Decanting power under expanded distributive discretion |
| 14A V.S.A. § 1412. Decanting power under limited distributive discretion |
| 14A V.S.A. § 1413. Trust for beneficiary with disability |
| 14A V.S.A. § 1414. Protection of charitable interest |
| 14A V.S.A. § 1415. Trust limitation on decanting |
| 14A V.S.A. § 1416. Change in compensation |
| 14A V.S.A. § 1417. Relief from liability and indemnification |
| 14A V.S.A. § 1418. Removal or replacement of authorized fiduciary |
| 14A V.S.A. § 1419. Tax-related limitations |
| 14A V.S.A. § 1420. Duration of second trust |
| 14A V.S.A. § 1421. Need to distribute not required |
| 14A V.S.A. § 1422. Savings provision |
| 14A V.S.A. § 1423. Trust for care of animal |
| 14A V.S.A. § 1424. Terms of second trust |
| 14A V.S.A. § 1425. Settlor |
| 14A V.S.A. § 1426. Later-discovered property |
| 14A V.S.A. § 1427. Obligations |
| 14A V.S.A. § 1428. Uniformity of application and construction |
| 14A V.S.A. § 1429. Relation to Electronic Signatures in Global and National Commerce Act |
