HB 1081 IN Became Law
Distributions to charitable beneficiaries.
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Summary
Provides that an applicant for a certificate of death has a direct interest in a certificate of death if the applicant is a beneficiary of the deceased's individual retirement account, retirement account, brokerage transfer on death account, annuity, or life insurance policy. Provides that if a charitable organization is designated as the beneficiary of an individual retirement account, retirement account, brokerage transfer on death account, annuity, or life insurance policy, a financial institution or insurance company in control of the funds must transfer the funds directly to the charitable organization without requiring certain conditions to be satisfied, if the: (1) charitable organization submits a certain affidavit.
Sponsors (2)
- Ethan Manning Republican · author
- Scott Baldwin Republican · sponsor
4 coauthors / cosponsors
- Jake Teshka Republican · coauthor
- Kyle Pierce Republican · coauthor
- Mike Andrade Democratic · coauthor
- Lonnie Randolph Democratic · cosponsor
Action history (34)
- Jan 8, 2025 First reading: referred to Committee on Financial Institutions · lower
- Jan 8, 2025 Authored by Representative Manning · lower
- Jan 21, 2025 Committee report: amend do pass, adopted · lower
- Jan 27, 2025 Second reading: ordered engrossed · lower
- Jan 28, 2025 Senate sponsor: Senator Baldwin · lower
- Jan 28, 2025 Representatives Teshka, Pierce K, Andrade added as coauthors · lower
- Jan 28, 2025 Third reading: passed; Roll Call 23: yeas 91, nays 0 · lower
- Jan 29, 2025 Referred to the Senate · lower
- Feb 18, 2025 First reading: referred to Committee on Insurance and Financial Institutions · upper
- Mar 13, 2025 Committee report: amend do pass, adopted · upper
- Mar 13, 2025 Senator Randolph added as cosponsor · upper
- Mar 17, 2025 Second reading: ordered engrossed · upper
- Mar 18, 2025 Placed back on second reading · upper
- Mar 31, 2025 Amendment #2 (Bassler) prevailed; voice vote · upper
- Mar 31, 2025 Amendment #1 (Bassler) prevailed; voice vote · upper
- Mar 31, 2025 Amendment #3 (Gaskill) prevailed; voice vote · upper
- Mar 31, 2025 Reread second time: amended, ordered engrossed · upper
- Apr 2, 2025 Motion to dissent filed · lower
- Apr 1, 2025 Third reading: passed; Roll Call 322: yeas 49, nays 0 · upper
- Apr 2, 2025 Returned to the House with amendments · upper
- Apr 3, 2025 House dissented from Senate amendments · lower
- Apr 10, 2025 Senate conferees appointed: Baldwin and Randolph Lonnie M · upper
- Apr 10, 2025 House conferees appointed: Manning and Andrade · lower
- Apr 10, 2025 House advisors appointed: Teshka, Pierce K and Miller K · lower
- Apr 10, 2025 Senate advisors appointed: Qaddoura and Schmitt · upper
- Apr 22, 2025 CCR # 1 filed in the House · lower
- Apr 22, 2025 CCR # 1 filed in the Senate · upper
- Apr 22, 2025 Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 517: yeas 91, nays 0 · lower
- Apr 23, 2025 Signed by the Speaker · lower
- Apr 23, 2025 Conference Committee Report 1: adopted by the Senate; Roll Call 495: yeas 47, nays 0 · upper
- Apr 24, 2025 Signed by the President Pro Tempore · upper
- May 6, 2025 Signed by the Governor · executive
- Apr 29, 2025 Signed by the President of the Senate · upper
- May 6, 2025 Public Law 220 · lower
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