Fabio
92 lines
5.3 KiB
Markdown
92 lines
5.3 KiB
Markdown
---
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type: "Bill"
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title: "Termination of trust; notice requirements."
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description: "Termination of trust; notice requirements.Provides that a trustee seeking to terminate a trust may do so withouta court order, provided that the trustee sends notice, subject tocertain provisions enumerated in the bill, to any qualified beneficiariesor cotrustees. The bill also provides that a qualified beneficiaryor cotrustee who objects to the termination of the trust may provideto the trustee seeking to terminate the trust written notice of suchobjection within 60 days of receipt of the notice of termination."
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2024"
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identifier: "HB 332"
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citation: "Virginia HB 332 (2024)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Michael J. Jones"]
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version_count: 4
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action_count: 27
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vote_count: 6
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first_action: "2024-01-05"
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last_action: "2024-04-02"
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source: "openstates"
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source_identifier: "ocd-bill/b5803aef-0348-4712-8dc0-65fae3f0d2c1"
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source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB332"
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source_hash: "d74c60623c1eaf7026f7622a400747ad58017533c049b4d7443dd0028382620f"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-va"]
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---
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# Virginia HB 332 (2024) — Termination of trust; notice requirements.
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Termination of trust; notice requirements.Provides that a trustee seeking to terminate a trust may do so withouta court order, provided that the trustee sends notice, subject tocertain provisions enumerated in the bill, to any qualified beneficiariesor cotrustees. The bill also provides that a qualified beneficiaryor cotrustee who objects to the termination of the trust may provideto the trustee seeking to terminate the trust written notice of suchobjection within 60 days of receipt of the notice of termination.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **CHAP0282** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+CHAP0282)
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2. **Committee substitute printed 24105569D-H1** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB332H1)
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3. **HB332ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB332ER)
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4. **Prefiled and ordered printed; offered 01/10/24 24102292D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB332)
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## Votes
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- Subcommittee recommends reporting with substitute (8-Y 0-N) — **8–0** (pass) · lower
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- Constitutional reading dispensed (39-Y 0-N) — **39–0** (pass) · upper
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- Passed Senate (40-Y 0-N) — **40–0** (pass) · upper
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- VOTE: Block Vote Passage (98-Y 0-N) — **97–0** (pass) · lower
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- Reported from Courts of Justice with substitute (22-Y 0-N) — **22–0** (pass) · lower
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- Reported from Courts of Justice (11-Y 0-N) — **11–0** (pass) · upper
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## Sponsors
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- Michael J. Jones — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2024-01-05** Prefiled and ordered printed; offered 01/10/24 24102292D `filing, introduction`
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- **2024-01-05** Referred to Committee for Courts of Justice `referral-committee`
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- **2024-01-16** Assigned Courts sub: Civil `referral-committee`
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- **2024-01-17** House subcommittee amendments and substitutes offered
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- **2024-01-17** Subcommittee recommends reporting with substitute (8-Y 0-N) `substitution`
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- **2024-01-19** Committee substitute printed 24105569D-H1 `substitution`
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- **2024-01-19** Reported from Courts of Justice with substitute (22-Y 0-N) `committee-passage`
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- **2024-01-23** Read first time `reading-1`
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- **2024-01-24** Read second time `reading-2`
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- **2024-01-24** Committee substitute agreed to 24105569D-H1 `substitution`
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- **2024-01-24** Engrossed by House - committee substitute HB332H1 `substitution`
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- **2024-01-25** Read third time and passed House BLOCK VOTE (98-Y 0-N) `passage, reading-3`
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- **2024-01-25** VOTE: Block Vote Passage (98-Y 0-N) `passage`
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- **2024-01-26** Constitutional reading dispensed
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- **2024-01-26** Referred to Committee for Courts of Justice `referral-committee`
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- **2024-02-19** Reported from Courts of Justice (11-Y 0-N) `committee-passage`
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- **2024-02-20** Constitutional reading dispensed (39-Y 0-N)
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- **2024-02-21** Read third time `reading-3`
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- **2024-02-21** Passed Senate (40-Y 0-N) `passage`
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- **2024-02-27** Enrolled `enrolled`
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- **2024-02-27** Bill text as passed House and Senate (HB332ER) `passage`
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- **2024-02-27** Signed by Speaker `passage`
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- **2024-03-01** Signed by President `passage`
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- **2024-03-11** Enrolled Bill communicated to Governor on March 11, 2024 `enrolled, executive-receipt`
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- **2024-03-11** Governor's Action Deadline 11:59 p.m., April 8, 2024 `executive-receipt`
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- **2024-04-02** Approved by Governor-Chapter 282 (effective 7/1/24) `executive-signature`
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- **2024-04-02** Acts of Assembly Chapter text (CHAP0282)
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b5803aef-0348-4712-8dc0-65fae3f0d2c1`. Confidence: reported (aggregated from official Virginia legislature records).
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