CS/CS/SB 1316 -  Florida Uniform Fiduciary Income and Principal Act

General Bill by Rules and Judiciary and Berman
Florida Uniform Fiduciary Income and Principal Act: Specifying the duties of a fiduciary; providing that a fiduciary’s allocation, determination, or exercise of discretion is presumed to be fair and reasonable to all beneficiaries; authorizing a fiduciary to exercise discretionary power of administration under specified circumstances; prohibiting a court from ordering a fiduciary to change his or her decision unless the decision was an abuse of discretionary power; authorizing a fiduciary to adjust between income and principal if such adjustment assists in administering the trust or estate impartially; authorizing the conversion of an income trust to a unitrust; specifying the authority of a fiduciary with respect to the administration of certain trusts, etc.
Effective Date: 01/01/2025
Last Event: 03/01/24 S Laid on Table, refer to CS/HB 1093 -SJ 600 on Friday, March 1, 2024 3:10 PM

Referred Committees and Committee Actions

Senate Referrals

  • Judiciary
    • On agenda for: 02/05/24 2:30 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 9   Nays 0
  • Rules
    • On agenda for: 02/14/24 9:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 17   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: CS/HB 1093 Subject: Florida Uniform Fiduciary Income and Principal Act Relationship: Identical

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Rules 2/15/2024 1:17:45 PM
Chamber: Senate Committee: Rules 2/13/2024 8:33:18 AM
Chamber: Senate Committee: Judiciary 2/6/2024 8:23:06 AM
Chamber: Senate Committee: Judiciary 2/2/2024 1:58:08 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Laid on Table, refer to CS/HB 1093 -SJ 600 Time: 03/01/2024 - 3:10 PM Member: Committee: Version: c2
Event: S Substituted CS/HB 1093 -SJ 600 Time: 03/01/2024 - 3:10 PM Member: Committee: Version: c2
Event: S Read 2nd time -SJ 597 Time: 03/01/2024 - 3:09 PM Member: Committee: Version: c2
Event: S Placed on Special Order Calendar, 03/01/24 Time: 02/28/2024 - 5:47 PM Member: Committee: Version: c2
Event: S CS/CS by Rules read 1st time Time: 02/15/2024 - 5:11 PM Member: Committee: Rules Version: c2
Event: S Placed on Calendar, on 2nd reading Time: 02/15/2024 - 3:23 PM Member: Committee: Version: c2
Event: S Pending reference review -under Rule 4.7(2) - (Committee Substitute) Time: 02/15/2024 - 1:31 PM Member: Committee: Rules Version: c2
Event: S CS/CS by- Rules; YEAS 17 NAYS 0 Time: 02/14/2024 - 1:49 PM Member: Committee: Rules Version: c1
Event: S On Committee agenda-- Rules, 02/14/24, 9:00 am, 412 Knott Building Time: 02/09/2024 - 2:23 PM Member: Committee: Rules Version: c1
Event: S Now in Rules Time: 02/06/2024 - 7:37 PM Member: Committee: Rules Version: c1
Event: S Remaining references corrected to Rules Time: 02/06/2024 - 7:37 PM Member: Committee: Rules Version: c1
Event: S Original reference(s) removed: Banking and Insurance Time: 02/06/2024 - 7:37 PM Member: Committee: Banking and Insurance Version: c1
Event: S CS by Judiciary read 1st time Time: 02/06/2024 - 3:34 PM Member: Committee: Judiciary Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 02/06/2024 - 9:18 AM Member: Committee: Judiciary Version: c1
Event: S CS by Judiciary; YEAS 9 NAYS 0 Time: 02/05/2024 - 8:08 PM Member: Committee: Judiciary Version: __
Event: S On Committee agenda-- Judiciary, 02/05/24, 2:30 pm, 110 Senate Building Time: 01/31/2024 - 2:36 PM Member: Committee: Judiciary Version: __
Event: S Introduced Time: 01/10/2024 - 6:36 PM Member: Committee: Version: __
Event: S Referred to Judiciary; Banking and Insurance; Rules Time: 01/10/2024 - 9:18 AM Member: Committee: Judiciary Version: __
Event: S Filed Time: 01/04/2024 - 12:13 PM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
738.101 CS/HB 1093
738.102 CS/HB 1093
738.103 CS/HB 1093
738.104 CS/HB 1093
738.1041 CS/HB 1093
738.105 CS/HB 1093
738.201 CS/HB 1093
738.202 CS/HB 1093
738.203 CS/HB 1093
738.301 CS/HB 1093
738.302 CS/HB 1093
738.303 CS/HB 1093
738.304 CS/HB 1093
738.305 CS/HB 1093
738.306 CS/HB 1093
738.307 CS/HB 1093
738.308 CS/HB 1093
738.309 CS/HB 1093
738.310 CS/HB 1093
738.401 CS/HB 1093
738.402 CS/HB 1093
738.403 CS/HB 1093
738.404 CS/HB 1093
738.405 CS/HB 1093
738.406 CS/HB 1093
738.407 CS/HB 1093
738.408 CS/HB 1093
738.409 CS/HB 1093
738.410 CS/HB 1093
738.411 CS/HB 1093
738.412 CS/HB 1093
738.413 CS/HB 1093
738.414 CS/HB 1093
738.415 CS/HB 1093
738.416 CS/HB 1093
738.501 CS/HB 1093
738.502 CS/HB 1093
738.503 CS/HB 1093
738.504 CS/HB 1093
738.505 CS/HB 1093
738.506 CS/HB 1093
738.507 CS/HB 1093
738.508 CS/HB 1093
738.601 CS/HB 1093
738.602 CS/HB 1093
738.603 CS/HB 1093
738.604 CS/HB 1093
738.605 CS/HB 1093
738.606 CS/HB 1093
738.607 CS/HB 1093
738.608 CS/HB 1093
738.701 CS/HB 1093
738.702 CS/HB 1093
738.703 CS/HB 1093
738.704 CS/HB 1093
738.705 CS/HB 1093
738.706 CS/HB 1093
738.801 CS/HB 1093
738.802 CS/HB 1093
738.803 CS/HB 1093
738.804 CS/HB 1093