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IN SB0167
Bill
Status
1/4/2017
Primary Sponsor
Joseph Zakas
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AI Summary
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Abolishes the probate study subcommittee under the interim study committee on courts and the judiciary effective July 1, 2017.
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Establishes the probate code study commission with 17 total members: 11 lay members appointed by the governor (including 2 who work in trust departments of financial institutions), 3 senate members appointed by the president pro tempore, and 3 house members appointed by the speaker.
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Commission members serve two-year terms and may be reappointed; legislative members lose their seat if they leave the chamber from which they were appointed.
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Commission shall study and recommend changes needed to the probate code (IC 29-1), trust code (IC 30-4), and other statutes affecting decedent estates, guardianships, probate jurisdiction, trusts, and fiduciaries.
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Commission may meet only during interim periods between legislative sessions; president pro tempore appoints chairperson in odd-numbered years and speaker appoints chairperson in even-numbered years.
Legislative Description
Probate code study commission. Abolishes the probate study subcommittee. Establishes the probate code study commission (commission). Requires the commission to study and recommend to the general assembly changes that are needed in the probate code (IC 29-1), the trust code (IC 30-4), and other statutes affecting the administration of a decedent's estate, guardianships, probate jurisdiction, trusts, or fiduciaries. Provides for: (1) the governor to appoint 11 lay members, including two residents of Indiana who work in the trust department of a bank, trust company, savings institution, or credit union; (2) the president pro tempore of the senate to appoint three
Last Action
First reading: referred to Committee on Civil Law
1/4/2017