South Carolina General Assembly
118th Session, 2009-2010

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A251, R314, S1348

STATUS INFORMATION

General Bill
Sponsors: Senator Campsen
Document Path: l:\s-financ\drafting\gec\001esta.dag.gec.docx

Introduced in the Senate on April 13, 2010
Introduced in the House on April 28, 2010
Last Amended on May 26, 2010
Passed by the General Assembly on June 2, 2010
Governor's Action: June 11, 2010, Signed

Summary: Estate tax

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   4/13/2010  Senate  Introduced and read first time SJ-10
   4/13/2010  Senate  Referred to Committee on Finance SJ-10
   4/21/2010  Senate  Committee report: Favorable Finance SJ-18
   4/22/2010  Senate  Amended SJ-38
   4/22/2010  Senate  Read second time SJ-38
   4/23/2010          Scrivener's error corrected
   4/27/2010  Senate  Read third time and sent to House SJ-18
   4/28/2010  House   Introduced and read first time HJ-17
   4/28/2010  House   Referred to Committee on Judiciary HJ-17
   5/12/2010  House   Committee report: Favorable with amendment Judiciary HJ-6
   5/14/2010          Scrivener's error corrected
   5/18/2010  House   Amended HJ-180
   5/18/2010  House   Debate adjourned HJ-180
   5/19/2010  House   Amended HJ-24
   5/19/2010  House   Read second time HJ-24
   5/20/2010  House   Read third time and returned to Senate with amendments 
                        HJ-14
   5/26/2010  Senate  House amendment amended SJ-101
   5/26/2010  Senate  Returned to House with amendments SJ-101
    6/2/2010  House   Concurred in Senate amendment and enrolled HJ-57
    6/2/2010  House   Roll call Yeas-99  Nays-0 HJ-57
    6/7/2010          Ratified R 314
   6/11/2010          Signed By Governor
    7/1/2010          Effective date See Act for Effective Date
    7/8/2010          Act No. 251

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

4/13/2010
4/21/2010
4/22/2010
4/23/2010
5/12/2010
5/14/2010
5/18/2010
5/19/2010
5/26/2010

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A251, R314, S1348)

AN ACT TO PROVIDE THAT THE PERSONAL REPRESENTATIVE, TRUSTEE, OR ANY AFFECTED BENEFICIARY OF A DECEDENT DYING IN CALENDAR YEAR 2010 MAY BRING A PROCEEDING IN PROBATE COURT TO DETERMINE THE DECEDENT'S INTENT WHEN THE WILL, TRUST, OR OTHER INSTRUMENT CONTAINS A FORMULA BASED ON FEDERAL ESTATE TAX OR GENERATION-SKIPPING TAX AND TO PROVIDE THE TIME IN WHICH THE PROCEEDING MUST BE COMMENCED.

Be it enacted by the General Assembly of the State of South Carolina:

Decedents' estates, trusts, proceeding to determine intent

SECTION    1.    The personal representative, trustee, or any affected beneficiary under a will, trust, or other instrument of a decedent who dies or did die after December 31, 2009, and before January 1, 2011, may bring a proceeding to determine the decedent's intent when the will, trust, or other instrument contains a formula that is based on the federal estate tax or generation-skipping tax. The proceeding must be commenced within twelve months following the death of the decedent.

Time effective

SECTION    2.    This act takes effect upon approval by the Governor and applies with respect to decedents dying after December 31, 2009, and before January 1, 2011.

Ratified the 7th day of June, 2010.

Approved the 11th day of June, 2010.

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This web page was last updated on September 30, 2010 at 9:33 AM