HB 1153-1_ Filed 03/24/2005, 10:20

COMMITTEE REPORT

MADAM PRESIDENT:

    The Senate Committee on Judiciary, to which was referred House Bill No. 1153, has had the same under consideration and begs leave to report the same back to the Senate with the recommendation that said bill be AMENDED as follows:

SOURCE: Page 2, line 2; (05)CR115302.2. -->     Page 2, delete lines 2 through 42.
    Delete page 3.
    Page 4, delete lines 1 through 9.
    Page 19, line 6, after "settlor" insert " who is an attorney in fact".
    Page 23, line 11, delete "substantially".
    Page 31, line 27, after "section, the" insert " court shall direct the".
    Page 31, line 27, delete "shall" and insert " to".
    Page 32, line 9, after "administration." insert " If a trust terminates under this subsection, the court shall direct the trustee to distribute the trust property in a manner consistent with the purposes of the trust.".
    Page 32, line 10, delete "this section," and insert " subsection (b),".
    Page 47, line 31, after "interest" insert " , unless the action is inconsistent with a written directive executed by the principal before the principal's death".

    Page 49, after line 24, begin a new paragraph and insert:
SOURCE: ; (05)CR115302.60. -->     "SECTION 60. An emergency is declared for this act.".
    Renumber all SECTIONS consecutively.
    (Reference is to HB 1153 as reprinted January 19, 2005.)

and when so amended that said bill do pass.

Committee Vote: Yeas 9, Nays 0.

____________________________________

    Bray
Chairperson


CR115302/DI 106    2005