Fabio
86 lines
5.3 KiB
Markdown
86 lines
5.3 KiB
Markdown
---
|
||
type: "Bill"
|
||
title: "Trust termination."
|
||
description: "Existing law establishes procedures for the creation, modification, and termination of a trust, and regulates the administration of trusts by trustees on behalf of beneficiaries. Existing law authorizes a trustee to terminate a trust if the principal of a trust does not exceed $50,000 in value."
|
||
jurisdiction: "us/states/ca"
|
||
legislature: "California Legislature"
|
||
session: "20232024"
|
||
identifier: "SB 1127"
|
||
citation: "California SB 1127 (20232024)"
|
||
classification: ["bill"]
|
||
subjects: ["Trust termination"]
|
||
status: "enacted"
|
||
primary_sponsors: ["Niello"]
|
||
version_count: 6
|
||
action_count: 20
|
||
vote_count: 5
|
||
first_action: "2024-02-13"
|
||
last_action: "2024-07-02"
|
||
source: "openstates"
|
||
source_identifier: "ocd-bill/fbae817c-13fe-4c9e-a247-471974cfa6ca"
|
||
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240SB1127"
|
||
source_hash: "ff7002f95f70f84387d68460574bbe9a03eadffa540148cfd57b24f00ca0f204"
|
||
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-ca"]
|
||
---
|
||
|
||
# California SB 1127 (20232024) — Trust termination.
|
||
|
||
Existing law establishes procedures for the creation, modification, and termination of a trust, and regulates the administration of trusts by trustees on behalf of beneficiaries. Existing law authorizes a trustee to terminate a trust if the principal of a trust does not exceed $50,000 in value.
|
||
|
||
## Version chain
|
||
|
||
The bill's text revisions, in order — the diff chain from filing to enrollment.
|
||
|
||
1. **02/13/24 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB1127&version=20230SB112799INT)
|
||
2. **03/18/24 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB1127&version=20230SB112798AMD)
|
||
3. **05/28/24 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB1127&version=20230SB112797AMD)
|
||
4. **07/02/24 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB1127&version=20230SB112795CHP)
|
||
5. **SB1127** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240SB1127)
|
||
6. **06/21/24 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB1127&version=20230SB112796ENR)
|
||
|
||
## Votes
|
||
|
||
- Do pass. To Consent Calendar. — **8–0** (pass) · lower
|
||
- Do pass and be ordered to the Consent Calendar — **11–0** (pass) · upper
|
||
- Special Consent — **36–0** (pass) · upper
|
||
- Consent Calendar 2nd — **39–0** (pass) · upper
|
||
- SB 1127 Niello Consent Calendar Second Day — **63–0** (pass) · lower
|
||
|
||
## Sponsors
|
||
|
||
- Niello — primary (person)
|
||
|
||
## Timeline
|
||
|
||
The legislative action history — every referral, reading, and vote.
|
||
|
||
- **2024-02-13** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1`
|
||
- **2024-02-14** From printer. May be acted upon on or after March 15.
|
||
- **2024-02-21** Referred to Com. on JUD. `referral-committee`
|
||
- **2024-03-18** From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD. `amendment-passage, committee-passage, reading-1, reading-2, referral-committee`
|
||
- **2024-03-19** Set for hearing April 2.
|
||
- **2024-04-03** From committee: Do pass. Ordered to consent calendar. (Ayes 11. Noes 0. Page 3447.) (April 2). `committee-passage, committee-passage-favorable`
|
||
- **2024-04-04** Read second time. Ordered to consent calendar. `reading-1, reading-2`
|
||
- **2024-04-11** Read third time. Passed. (Ayes 39. Noes 0. Page 3575.) Ordered to the Assembly. `passage, reading-1, reading-3`
|
||
- **2024-04-11** In Assembly. Read first time. Held at Desk. `reading-1`
|
||
- **2024-04-29** Referred to Com. on JUD. `referral-committee`
|
||
- **2024-05-28** From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD. `amendment-passage, committee-passage, reading-1, reading-2, referral-committee`
|
||
- **2024-06-04** From committee: Do pass. Ordered to consent calendar. (Ayes 8. Noes 0.) (June 4). `committee-passage, committee-passage-favorable`
|
||
- **2024-06-05** Read second time. Ordered to consent calendar. `reading-1, reading-2`
|
||
- **2024-06-10** Read third time. Passed. (Ayes 63. Noes 0. Page 5792.) Ordered to the Senate. `passage, reading-1, reading-3`
|
||
- **2024-06-10** In Senate. Concurrence in Assembly amendments pending.
|
||
- **2024-06-18** Ordered to special consent calendar.
|
||
- **2024-06-20** Assembly amendments concurred in. (Ayes 36. Noes 0. Page 4628.) Ordered to engrossing and enrolling. `amendment-passage, committee-passage-favorable`
|
||
- **2024-06-26** Enrolled and presented to the Governor at 1:30 p.m.
|
||
- **2024-07-02** Approved by the Governor. `executive-signature`
|
||
- **2024-07-02** Chaptered by Secretary of State. Chapter 76, Statutes of 2024. `became-law`
|
||
|
||
## Source
|
||
|
||
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/fbae817c-13fe-4c9e-a247-471974cfa6ca`. Confidence: reported (aggregated from official California legislature records).
|
||
|