HB 2646 HD 1

RELATING TO TRUSTS AND ESTATES

By Representative(s) SAY (BR)

Companion Bill: SB 2685

Subjects: Judiciary

Keywords: DEPARTMENT OF BUDGET AND FINANCE, GUARDIANS AND TRUSTEES, PROBATE LAW AND PRACTICE, TAXATION

Report Title: Probate

Description: Authorizes trustees to split a trust into separate trusts for administration or tax purposes. Streamlines transfer of unclaimed assets from a personal representative or trustee to the State. Apportions expenses incurred in the determination of apportionment of estate taxes. Raises threshold for classification as a small estate from $60,000 to $100,000. (HB2646 HD1)

 1-26-00        H Introduced and passed First Reading                      
 1-31-00        H Referred to the committee on JHA, referral sheet 8       
 2- 4-00        H Bill scheduled to be heard by JHA on Tuesday,
                  02-08-00 at 3:00 P.M. in House conference room 325.
 2- 8-00        H The committee on JHA recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 2- 8-00        H The votes in JHA were as follows:14 Ayes: Rep.(s)
                  Hamakawa, Saiki, Cachola, Chang, Garcia, Hiraki,
                  Kaho`ohalahala, Lee, Morita, Takumi, Auwae,
                  Pendleton, Thielen, Whalen; Ayes with reservations:         
                  Rep.(s) ; none Noes: Rep.(s) ; and 1 Excused:
                  Rep.(s) Yoshinaga
 3- 1-00        H Reported from the committee on JHA (Stand. Com. Rep.        
                  No. 503-00) as amended in (HD 1), recommending
                  passage on Second Reading and placement on the
                  calendar for Third Reading
 3- 1-00        H Passed Second Reading as amended in (HD 1); placed
                  on the calendar for Third Reading  with
                  Representative(s)   voting no and Representative(s)         
                  Chang, Herkes, Menor, Okamura excused
 3- 3-00        H Passed Third Reading as amended in (HD 1)                
 3- 3-00        H The vote was as follows:  48 aye(s), with none
                  voting no and Representative(s) Herkes, McDermott,
                  Okamura excused
 3- 6-00        H Transmitted to Senate                                    
 3- 7-00        S Received from House (Hse. Com. No. 119)                  
 3- 7-00        S Passed First Reading and referred to 1. JDC 2. WAM       
 3-10-00        S Bill scheduled to be heard by JDC on 03-15-00 at
                  9:00 a.m. in conference room 229.
 3-15-00        S The measure is deferred until 03-17-00 at 9:00 a.m.         
                  in conference room 229.
 3-17-00        S The committee on JDC recommends that the measure be         
                  PASSED, UNAMENDED.
 3-17-00        S The votes in JDC were as follows: 4 Ayes: Senator(s)        
                  Chumbley, Matsunaga, Chun Oakland, Tanaka; Ayes with        
                  reservations: Senator(s) ; none Noes: Senator(s) ;
                  and 3 Excused: Senator(s) Ihara, Sakamoto, Anderson
 3-22-00        S Reported from JDC (Stand. Com. Rep. No. 2857) with
                  recommendation of passage on Second Reading and
                  referral to WAM
 3-22-00        S Report adopted; Passed Second Reading and referred
                  to WAM.
 3-28-00        S Bill scheduled for decision making by WAM on
                  03-31-00 at 9:30 a.m. in conference room 211.
 3-31-00        S The committee on WAM recommends that the measure be         
                  PASSED, UNAMENDED.
 3-31-00        S The votes in WAM were as follows: 8 Ayes: Senator(s)        
                  Fukunaga, Levin, Buen, Chun, Chun Oakland, M. Ige,
                  Kawamoto, Nakata; Ayes with reservations: Senator(s)        
                  ; none Noes: Senator(s) ; and 5 Excused: Senator(s)         
                  D. Ige, Iwase, Tam, Taniguchi, Anderson
 4- 7-00        S Reported from WAM (Stand. Com. Rep. No. 3238) with
                  recommendation of passage on Third Reading
 4- 7-00        S 24 hours notice 04-11-00                                 
 4-11-00        S Report adopted; Passed Third Reading. Ayes, 23. 
                  Noes, none.  Excused, 2 (Buen, Bunda).
 4-11-00        S Transmitted to House                                     
 4-11-00        H Returned from Senate (Sen. Com. No. 445)                 
 4-12-00        H Transmitted to Governor                                  
 4-28-00        S Act 048, 04-26-00, (Gov. Msg. No. 322)                   
 4-28-00        H Act 048, on 04-26-00 (Gov. Msg. No. 192)