---
type: "Bill"
title: "TO AMEND THE ARKANSAS TRUST CODE TO ALLOW FOR THE DECANTING OF TRUSTS."
description: "TO AMEND THE ARKANSAS TRUST CODE TO ALLOW FOR THE DECANTING OF TRUSTS."
jurisdiction: "us/states/ar"
legislature: "Arkansas Legislature"
session: "2023"
identifier: "HB 1431"
citation: "Arkansas HB 1431 (2023)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["C. Penzo", "Lundstrum"]
version_count: 2
action_count: 13
vote_count: 2
first_action: "2023-02-14T22:44:26+00:00"
last_action: "2023-03-17T17:23:24+00:00"
source: "openstates"
source_identifier: "ocd-bill/6483e836-2f74-4497-bf5f-0cc14e1c7bb1"
source_url: "ftp://www.arkleg.state.ar.us/SessionInformation/LegislativeMeasures.txt"
source_hash: "9a1facd1e2848e07e54bea80b27c5960adb0c2dfa3fb46198646237f2cf3372d"
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-ar"]
---

# Arkansas HB 1431 (2023) — TO AMEND THE ARKANSAS TRUST CODE TO ALLOW FOR THE DECANTING OF TRUSTS.

## Version chain

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

1. **Act 293** (committee substitute) — [source](http://www.arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2023R%2FPublic%2F&file=293.pdf&ddBienniumSession=2023%2F2023R)
2. **HB 1431** (committee substitute) — [source](https://www.arkleg.state.ar.us/assembly/2023/2023R/Bills/HB1431.pdf)

## Votes

- Read the third time and passed. — **32–0** (pass) · upper
- Read the third time and passed and ordered transmitted to the Senate. — **91–2** (pass) · lower

## Sponsors

- C. Penzo — primary (person)
- Lundstrum — primary (person)
- Maddox — cosponsor (person)

## Timeline

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

- **2023-02-14T22:44:26+00:00** Filed `introduction`
- **2023-02-15T22:41:39+00:00** Read the first time, rules suspended, read the second time and referred to the Committee on JUDICIARY COMMITTEE- HOUSE `reading-1, reading-2, referral-committee`
- **2023-02-23T17:14:27+00:00** Returned by the Committee Do Pass `committee-passage`
- **2023-02-27T20:01:37+00:00** Read the third time and passed and ordered transmitted to the Senate. `passage, reading-3`
- **2023-02-27T21:54:48+00:00** Received from the House.
- **2023-02-27T21:54:56+00:00** Read first time, rules suspended, read second time, referred to JUDICIARY COMMITTEE - SENATE `reading-1, referral-committee`
- **2023-03-13T22:47:08+00:00** Returned by the Committee, with the recommendation that it Do Pass `committee-passage-favorable`
- **2023-03-14T20:11:52+00:00** Read the third time and passed. `passage, reading-3`
- **2023-03-14T20:12:23+00:00** Returned to the House as passed.
- **2023-03-14T21:13:26+00:00** Returned From the Senate as passed.
- **2023-03-14T21:13:28+00:00** TO BE ENROLLED
- **2023-03-15T14:57:35+00:00** Correctly enrolled and ordered transmitted to the Governor's Office.
- **2023-03-17T17:23:24+00:00** Notification that HB1431 is now Act 293 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6483e836-2f74-4497-bf5f-0cc14e1c7bb1`. Confidence: reported (aggregated from official Arkansas legislature records).