Bill

SB 387

84(R) - 2015
Senate State Affairs
Senate State Affairs
State Affairs

Vote Recommendation

Neutral
  • Neutral
  • Neutral
  • Neutral
  • Neutral
  • Neutral

Author(s)

José Rodríguez

Bill Caption

Relating to trusts and certain other forms of asset protection.

Fiscal Notes

No significant fiscal implication to the State or local government.

Bill Analysis

SB 387 would amend Property Code regarding law concerning trusts. This bill makes mostly non-substantive and conforming changes in the amendments to update the code.

Vote Recommendation Notes

5/24/2015 update:

The House committee amended the bill concerning principal from charitable trusts. We remain neutral. The second chamber sponsor is Rep. John Wray.

First chamber recommendation:

This bill does not affirm or abridge the principles of liberty, therefore we are neutral on this legislation.