Bill
HB 1954
85(R) - 2017
House Judiciary & Civil Jurisprudence
Senate Business & Commerce
House Judiciary & Civil Jurisprudence
Senate Business & Commerce
Administrator of Estates
Banks
Finance
Probate
Trusts
Vote Recommendation
Neutral
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Neutral
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Neutral
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Neutral
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Neutral
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Neutral
Author(s)
Andrew Murr
Sponsor(s)
Robert Nichols
Bill Caption
Relating to certain accounts established at financial institutions, including disclosures related to those accounts.
Fiscal Notes
No fiscal implication to the State is anticipated.
Bill Analysis
HB 1954 would update the Estates Code to abolish Convenience Accounts and Trust Accounts and provide procedures for transferring existing such accounts to other types of accounts. According to the bill author this is to eliminate outdated account types and eliminate redundancies.
Vote Recommendation Notes
HB 1954 is an administrative bill that does not appear to have a connection to our liberty principles, therefore we remain neutral.