Bill: SB 2150, 85(R) - 2017
Committee
Senate State Affairs
2nd Chamber Committee
House Judiciary & Civil Jurisprudence
Companion Bill
HB 3121
Vote Recommendation
Vote Recommendation |
Economic Freedom |
Property Rights |
Personal Responsibility |
Limited Government |
Individual Liberty |
Neutral |
Neutral |
Neutral |
Neutral |
Neutral |
Neutral |
Author(s)
Joan Huffman
Sponsor(s)
Jessica Farrar
Bill Caption
Relating to a revocable deed that transfers real property at the transferor's death.
Fiscal Notes
No significant fiscal implication to the State is anticipated.
Bill Analysis
SB 2150 would make procedural changes to the lapse of the share of a designated beneficiary who predeceases the testator. The optional form for transfer on death deed would be updated to further detail the procedures if one surviving beneficiary exists, no surviving primary beneficiary exists, and no surviving alternate beneficiary exists after the death of the transferor.
Vote Recommendation Notes
Due to the procedural nature of this bill, SB 2150 does not appear to have a connection to our liberty principles, and we remain neutral.