Introduced
by
To revise details of a law that provides procedures for trustees administering an estate in separating income (which is distributed to current beneficiaries) from principle (which will eventually be distributed to remainder beneficiaries). The bill incorporates into Michigan statute revisions recommended by the National Conference of Commissioners on Uniform State Laws.
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 109 to 0 (details)
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 38 to 0 (details)
To revise details of a law that provides procedures for trustees administering an estate in separating income (which is distributed to current beneficiaries) from principle (which will eventually be distributed to remainder beneficiaries). The bill incorporates into Michigan statute revisions recommended by the National Conference of Commissioners on Uniform State Laws.