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Bill > HB142

LA HB142

LA HB142
Provides for the termination of custodial property under the Uniform Transfers to Minors Act

summary

Introduced
03/20/2023
In Committee
05/02/2023
Crossed Over
04/24/2023
Passed
05/30/2023
Dead
Signed/Enacted/Adopted
06/06/2023

Introduced Session

2023 Regular Session

Bill Summary

Provides for the termination of custodial property under the Uniform Transfers to Minors Act

AI Summary

This bill amends the Louisiana Uniform Transfers to Minors Act to increase the age of majority from 18 to 22 years old. Specifically, it changes the definitions of "adult" and "minor" to reflect this new age threshold, and it also updates the provision on termination of custodial property to require the custodian to transfer the property to the minor or their estate once the minor reaches 22 years of age. The bill also specifies that these changes will be applied prospectively to all Uniform Transfer to Minor Accounts.

Committee Categories

Justice

Sponsors (1)

Last Action

Effective date: 08/01/2023. (on 06/06/2023)

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Document Type Source Location
State Bill Page https://www.legis.la.gov/legis/BillInfo.aspx?s=23rs&b=HB142&sbi=y
Analysis - Resume Digest for HB142 https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1333258
BillText https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1331228
BillText https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1326331
Analysis - Summary of Senate Amendments to HB142 https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1324059
Senate Floor Amendment #1537 Peacock Adopted https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1320419
Analysis - Senate Green Sheet Digest for HB142 https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1318385
Senate Committee Amendment #1181 JUDA Proposed https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1317948
BillText https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1313741
House Floor Amendment #1346 Beaullieu Adopted https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1313471
House Floor Amendment #1455 Mack Adopted https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1313669
House Floor Amendment #1460 Beaullieu Withdrawn https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1313705
House Floor Amendment #1461 Mack Adopted https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1313709
Analysis - Digest of HB142 Reengrossed https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1313767
BillText https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1311151
Analysis - Digest of HB142 Engrossed https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1311294
BillText https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1303966
Analysis - Digest of HB142 Original https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1303981
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