VirginiaSB11162025 Regular SessionSenate

Uniform Trust Code; expands definitions of "independent qualified trustee" and "qualified trustee."

Sponsored By: Glen H. Sturtevant, Jr. (Republican)

To Governor

Summary

Uniform Trust Code; qualified trustee; definition. Expands the definitions of "independent qualified trustee" and "qualified trustee" to authorize additional entities to serve as an independent qualified trustee or a qualified trustee of a qualified self-settled spendthrift trust. This bill is identical to HB 1605.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Glen H. Sturtevant, Jr.

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 210 • No: 0

House vote • 2/10/2025

Passed House Block Vote

Yes: 95 • No: 0

House vote • 2/5/2025

Reported from Courts of Justice

Yes: 22 • No: 0

Senate vote • 1/21/2025

Read third time and passed Senate

Yes: 40 • No: 0

Senate vote • 1/17/2025

Constitutional reading dispensed Block Vote (on 1st reading)

Yes: 40 • No: 0

Senate vote • 1/15/2025

Reported from Courts of Justice

Yes: 13 • No: 0 • Other: 2

Actions Timeline

  1. Acts of Assembly Chapter text (CHAP0022)

    3/18/2025Governor
  2. Approved by Governor-Chapter 22 (Effective 07/01/25)

    3/18/2025Governor
  3. Governor's Action Deadline 11:59 p.m., March 24, 2025

    2/18/2025Governor
  4. Enrolled Bill Communicated to Governor on February 18, 2025

    2/18/2025Senate
  5. Signed by President

    2/13/2025Senate
  6. Bill text as passed Senate and House (SB1116ER)

    2/11/2025Senate
  7. Enrolled

    2/11/2025Senate
  8. Signed by Speaker

    2/11/2025House
  9. Passed House Block Vote (95-Y 0-N)

    2/10/2025House
  10. Read third time

    2/10/2025House
  11. Read second time

    2/7/2025House
  12. Reported from Courts of Justice (22-Y 0-N)

    2/5/2025House
  13. Referred to Committee for Courts of Justice

    2/5/2025House
  14. Read first time

    2/5/2025House
  15. Placed on Calendar

    2/5/2025House
  16. Read third time and passed Senate (40-Y 0-N)

    1/21/2025Senate
  17. Read third time

    1/21/2025Senate
  18. Read second time and engrossed

    1/20/2025Senate
  19. Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N)

    1/17/2025Senate
  20. Passed by for the day

    1/17/2025Senate
  21. Rules suspended

    1/17/2025Senate
  22. Reported from Courts of Justice (13-Y 0-N 2-A)

    1/15/2025Senate
  23. Referred to Committee for Courts of Justice

    1/7/2025Senate
  24. Prefiled and ordered printed; Offered 01-08-2025 25103061D

    1/7/2025Senate

Bill Text

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