Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
6.2 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
| type | title | description | jurisdiction | legislature | session | identifier | citation | classification | subjects | status | primary_sponsors | version_count | action_count | vote_count | first_action | last_action | source | source_identifier | source_url | source_hash | vintage | source_snapshot | retrieved_at | confidence | tags | |||||
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| Bill | Uniform Statutory Rule Against Perpetuities; trusts, certain nonvested property interests. | Uniform Statutory Rule Against Perpetuities; trusts; certain nonvested property interests or powers of appointment over property or property interests. Extends from 90 years to 1,000 years the period for which a nonvested property interest held in trust may vest or terminate, or for which a power of appointment over property or property interests may be exercised. The bill clarifies that such extension applies only to such interests or powers that were created on or after July 1, 2024, and that such extension does not apply to real property held in trust or a power of appointment over real property granted under a trust. The bill also provides that the current law that allows the terms of a trust instrument to provide an exception to the Uniform Statutory Rule Against Perpetuities shall apply only to a nonvested interest in or power of appointment over personal property held in trust, or a power of appointment over personal property granted under a trust, if such interest or power was created between July 1, 2000, and June 30, 2024, but shall not apply to such interests or powers created on or after July 1, 2024. This bill is identical to SB 470. | us/states/va | Virginia General Assembly | 2024 | HB 836 | Virginia HB 836 (2024) |
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enacted |
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3 | 23 | 6 | 2024-01-09 | 2024-03-08 | openstates | ocd-bill/65dbbba0-f4b4-4662-9e83-dfc98ed2aae2 | https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB836 | fd6e09813b0c8fcc358bd85aa36fc3b9da566f1681557b2b1725e8f54900a176 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Virginia HB 836 (2024) — Uniform Statutory Rule Against Perpetuities; trusts, certain nonvested property interests.
Uniform Statutory Rule Against Perpetuities; trusts; certain nonvested property interests or powers of appointment over property or property interests. Extends from 90 years to 1,000 years the period for which a nonvested property interest held in trust may vest or terminate, or for which a power of appointment over property or property interests may be exercised. The bill clarifies that such extension applies only to such interests or powers that were created on or after July 1, 2024, and that such extension does not apply to real property held in trust or a power of appointment over real property granted under a trust. The bill also provides that the current law that allows the terms of a trust instrument to provide an exception to the Uniform Statutory Rule Against Perpetuities shall apply only to a nonvested interest in or power of appointment over personal property held in trust, or a power of appointment over personal property granted under a trust, if such interest or power was created between July 1, 2000, and June 30, 2024, but shall not apply to such interests or powers created on or after July 1, 2024. This bill is identical to SB 470.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- CHAP0052 (committee substitute) — source
- HB836ER (committee substitute) — source
- Prefiled and ordered printed; offered 01/10/24 24102441D (committee substitute) — source
Votes
- VOTE: Block Vote Passage (99-Y 0-N) — 98–0 (pass) · lower
- Reported from Courts of Justice (21-Y 0-N) — 21–0 (pass) · lower
- Passed Senate (39-Y 0-N) — 39–0 (pass) · upper
- Reported from Courts of Justice (9-Y 0-N) — 9–0 (pass) · upper
- Subcommittee recommends reporting (8-Y 0-N) — 8–0 (pass) · lower
- Constitutional reading dispensed (38-Y 0-N) — 38–0 (pass) · upper
Sponsors
- Rae Cousins — primary (person)
- Nadarius E. Clark — cosponsor (person)
- Rozia A. Henson, Jr. — cosponsor (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2024-01-09 Prefiled and ordered printed; offered 01/10/24 24102441D
filing, introduction - 2024-01-09 Referred to Committee for Courts of Justice
referral-committee - 2024-01-23 Assigned Courts sub: Civil
referral-committee - 2024-01-24 Subcommittee recommends reporting (8-Y 0-N)
- 2024-01-26 Reported from Courts of Justice (21-Y 0-N)
committee-passage - 2024-01-30 Read first time
reading-1 - 2024-01-31 Read second time and engrossed
reading-2 - 2024-02-01 Read third time and passed House BLOCK VOTE (99-Y 0-N)
passage, reading-3 - 2024-02-01 VOTE: Block Vote Passage (99-Y 0-N)
passage - 2024-02-02 Constitutional reading dispensed
- 2024-02-02 Referred to Committee for Courts of Justice
referral-committee - 2024-02-14 Reported from Courts of Justice (9-Y 0-N)
committee-passage - 2024-02-16 Constitutional reading dispensed (38-Y 0-N)
- 2024-02-19 Read third time
reading-3 - 2024-02-19 Passed Senate (39-Y 0-N)
passage - 2024-02-22 Enrolled
enrolled - 2024-02-22 Bill text as passed House and Senate (HB836ER)
passage - 2024-02-22 Signed by Speaker
passage - 2024-02-25 Signed by President
passage - 2024-03-01 Enrolled Bill communicated to Governor on March 1, 2024
enrolled, executive-receipt - 2024-03-01 Governor's Action Deadline 11:59 p.m., March 8, 2024
executive-receipt - 2024-03-08 Approved by Governor-Chapter 52 (effective 7/1/24)
executive-signature - 2024-03-08 Acts of Assembly Chapter text (CHAP0052)
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/65dbbba0-f4b4-4662-9e83-dfc98ed2aae2. Confidence: reported (aggregated from official Virginia legislature records).