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Committee adopts amendment to SB 101 and reports bill to rules
Summary
The Senate Local Government Committee adopted an amendment to Senate Bill 101 and voted to report the amended bill to the committee on rules and reference. The amendment clarified when memoranda of trust must be recorded and was requested by the bill sponsor and the State Bar Association.
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The Senate Local Government Committee adopted an amendment to Senate Bill 101 and voted to report the amended bill to the committee on rules and reference. The action occurred during the committee’s meeting and was approved by roll call.
The amendment, described by Vice Chair Gavarone as a clarification requested by the bill sponsor and the State Bar Association, “specifies that a trustee is not required to rerecord a memorandum of trust or some other instrument that contains the same information at the time real property held by the trust is conveyed, if the memorandum or instrument is already of record,” and clarifies when recording is required when property is conveyed to or by a trustee of a disclosed trust.
Committee members raised no objection to the amendment, which was adopted by unanimous voice/roll call. Vice Chair Gavarone then moved that Senate Bill 101, as amended, be favorably reported to the committee on rules and reference. The clerk took a roll call and the transcript records the following yes votes: Chair Cheryl O’Brien (yes); Vice Chair Gavarone (yes); Ranking Member Smith (yes); Senator Scalar (yes); Senator Landis (yes); Senator Wilkin (yes); Senator Hicks Hudson (yes). The committee recorded the amended bill as reported to rules and reference.
The meeting proceeded to its next order of business after the report. The committee did not take further public testimony on SB 101 during this session; the action recorded in the transcript was limited to adopting the amendment and reporting the bill.
No additional motions, seconders, or recorded nay/abstain votes appear in the hearing record for SB 101 in the provided transcript segment.
