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House Bill 1259
ARCHIVE (2009)
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  | DIGEST OF INTRODUCED BILL Uniform principal and income act. Revises the law governing trusts to: (1) provide separate allocation procedures for payments made to a marital trust; and (2) permit the charging of tax payments to principal to the extent that receipts are allocated to principal. Specifies the transitional provisions. |
Current Status:
  | In Committee - first House |
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