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AN ACT concerning trusts; relating to the creation, modification and termination thereof; adding to the list of matters that may be resolved by nonjudicial settlement agreements; increasing the threshold at which an uneconomic trust may be terminated; updating the definition of resident trust; amending K.S.A. 58a-414 and 79-32,109 and K.S.A. 2021 Supp. 58a-111 and repealing the existing section.
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Senate - Final Action - Substitute passed; - 02/23/2022
On roll call the vote was:
Yea - (40):
Alley,
Baumgardner,
Billinger,
Bowers,
Claeys,
Corson,
Dietrich,
Doll,
Erickson,
Fagg,
Faust-Goudeau,
Francisco,
Gossage,
Haley,
Hawk,
Hilderbrand,
Holland,
Holscher,
Kerschen,
Kloos,
Longbine,
Masterson,
McGinn,
O'Shea,
Olson,
Peck,
Petersen,
Pettey,
Pittman,
Pyle,
Ryckman,
Steffen,
Straub,
Suellentrop,
Sykes,
Thompson,
Tyson,
Ware,
Warren,
Wilborn,
Nay - (0):
Present and Passing - (0):
Absent and Not Voting - (0):
Not Voting - (0):