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Two bills affecting fiduciaries held on suspense by Senate Appropriations Committee, DCA says

5781933 · September 17, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

DCA legislative staff reported that AB 586 (professional fiduciary corporations) and AB 1105 (conservatorship placement rules) were held on suspense by the Senate Appropriations Committee and are not moving this year.

Alice, a legislative analyst from the Department of Consumer Affairs, briefed the Professional Fiduciaries Bureau advisory committee on Sept. 10 about two bills introduced this year that would have affected the bureau.

AB 586 (Flora), as amended Aug. 18, 2025, would have allowed one or more licensed fiduciaries to organize a professional fiduciary professional corporation, required those corporations to register with the Secretary of State, and required…

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