---
type: "Bill"
title: "TRUSTS: Provides relative to the allocation of receipts and expense to income and principal"
description: "TRUSTS: Provides relative to the allocation of receipts and expense to income and principal"
jurisdiction: "us/states/la"
legislature: "Louisiana Legislature"
session: "2020"
identifier: "HB 123"
citation: "Louisiana HB 123 (2020)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Gregory A. Miller"]
version_count: 5
action_count: 20
vote_count: 2
first_action: "2020-02-20"
last_action: "2020-06-04"
source: "openstates"
source_identifier: "ocd-bill/eb8659ef-8151-40e1-a10e-3c751ef49af1"
source_url: "http://www.legis.la.gov/Legis/BillInfo.aspx?i=237586"
source_hash: "5b0dcd3690126d7d878accc467063cb7d595d5ca3e0a01bafaf52af6406e8dcf"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-la"]
---

# Louisiana HB 123 (2020) — TRUSTS: Provides relative to the allocation of receipts and expense to income and principal

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **HB123 Original** (filed) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1156784)
2. **HB123 Act 17** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1180205)
3. **HB123 Engrossed** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1166085)
4. **House Committee Amendment, #1220, CL&P, Adopted** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1165966)
5. **HB123 Enrolled** (enrolled) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1176728)

## Votes

- FINAL PASSAGE (#31) — **91–0** (pass) · lower
- FINAL PASSAGE (#406) — **34–0** (pass) · upper

## Sponsors

- Gregory A. Miller — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2020-06-04** Effective date: 01/01/2021.
- **2020-06-04** Signed by the Governor. Becomes Act No. 17. `executive-signature`
- **2020-06-01** Sent to the Governor for executive approval. `executive-receipt`
- **2020-05-29** Signed by the President of the Senate.
- **2020-05-28** Enrolled and signed by the Speaker of the House.
- **2020-05-28** Received from the Senate without amendments.
- **2020-05-27** Read by title, passed by a vote of 34 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled. `passage`
- **2020-05-26** Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
- **2020-05-26** Reported favorably. Rules suspended. Read by title and referred to the Legislative Bureau.
- **2020-05-12** Read second time by title and referred to the Committee on Judiciary A. `referral-committee`
- **2020-05-11** Received in the Senate. Read first time by title and placed on the Calendar for a second reading.
- **2020-05-07** Read third time by title, roll called on final passage, yeas 91, nays 0. Finally passed, title adopted, ordered to the Senate. `passage`
- **2020-03-16** Scheduled for floor debate on 05/07/20.
- **2020-03-16** Read by title, amended, ordered engrossed, passed to 3rd reading.
- **2020-03-16** Rules suspended.
- **2020-03-16** Reported with amendments (12-0).
- **2020-03-09** Read by title, under the rules, referred to the Committee on Civil Law and Procedure. `referral-committee`
- **2020-02-24** First appeared in the Interim Calendar on 2/24/2020.
- **2020-02-20** Under the rules, provisionally referred to the Committee on Civil Law and Procedure. `referral-committee`
- **2020-02-20** Prefiled. `filing`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/eb8659ef-8151-40e1-a10e-3c751ef49af1`. Confidence: reported (aggregated from official Louisiana legislature records).