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AI Summary: The bill "Trusts and Bank Assets in Bankruptcy Clarification" aims to clarify the treatment of trusts and bank assets in bankruptcy proceedings. It seeks to provide clear guidelines on how these assets should be handled, ensuring a more consistent and efficient process. The main provisions of the bill include defining the rights and responsibilities of parties involved in trust arrangements during bankruptcy, specifying the treatment of bank assets in insolvency cases, and establishing procedures for resolving disputes related to trusts and bank assets in bankruptcy. This legislation is intended to bring greater certainty and transparency to bankruptcy proceedings involving trusts and bank assets, potentially streamlining the process and reducing legal uncertainties for all parties involved.
Latest Action: Bill Number Assigned
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Actions (20):
2024-02-12 : Bill Number Assigned
2024-02-13 : Received for Introduction
2024-02-14 : Introduced and Referred to S09 - Minerals 31-0-0-0-0
2024-02-21 : S09 - Minerals:Recommend Do Pass 5-0-0-0-0
2024-02-21 : Placed on General File
2024-02-23 : COW:Passed
2024-02-26 : 2nd Reading:Passed
2024-02-27 : 3rd Reading:Passed 31-0-0-0-0
2024-02-28 : Received for Introduction
2024-02-28 : Introduced and Referred to H08 - Transportation
2024-02-29 : H08 - Transportation:Recommend Do Pass 9-0-0-0-0
2024-02-29 : Placed on General File
2024-03-04 : COW:Passed
2024-03-05 : 2nd Reading:Passed
2024-03-06 : 3rd Reading:Passed 62-0-0-0-0
2024-03-06 : Assigned Number SEA No. 0039
2024-03-07 : President Signed SEA No. 0039
2024-03-07 : Speaker Signed SEA No. 0039
2024-03-15 : Governor Signed SEA No. 0039
2024-03-15 : Assigned Chapter Number 80
Democrat Republican
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26%
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