Friday, December 07, 2007

Omnibus Bill re PEF Code Introduced

On Friday, December 7, 2007, a bill containing proposed "omnibus" statutory changes to the Pennsylvania Probate, Estates & Fiduciaries Code was introduced in the PA Senate, then referred to the Senate Judiciary Committee.

According to an email message sent by Edward ("Ted") M. Watters, III, as the Chairperson of the Joint State Government Commission's Advisory Committee on Decedents' Estates Law, a Senate bill was introduced today containing the proposed statutory changes based on the recommendations of the October 2007 Advisory Committee Report.

That full Report is available here (PDF, 64 pages).

The legislation that would implement the Report is Senate Bill 1203, Printers Number 1633. The history & status of the bill is found here.

I reviewed the proposed statutory changes previously in a posting. See: PA EE&F Law Blog posting, "PA PEF Code Revisions Proposed" (10/25/07).

The Bill was introduced by Senators Greenleaf, Costa, Tartaglione, Fontana, Kitchen, O'Pake & Wozniak.

Ted concluded his message by saying, "No date has yet been set for a hearing on the Bill."

Update: 09/25/08:

With persistence, the current version of SB 1203, as supported by both the PA Bar Association and the PA Bankers Association, can be approved by the House and sent to the Governor for signature into law.
See: PA EE&F Law Blog posting"PBA Supports SB 1203 on PA UTA" (09/25/08).