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• Introduced by Rep. Joni Marie Gutierrez (D) on January 27, 2009, to allow a trustee whose trust assets include a closely held family business to retain that asset with the approval of a majority of adult trust beneficiaries.
  • Referred to the House Consumers and Public Affairs Committee on January 27, 2009.
  • Referred to the House Judiciary Committee on February 13, 2009.
  • Reported in the House on February 19, 2009.
• Passed 66 to 1 in the House on February 21, 2009.
  Who Voted "Yes" and Who Voted "No"
• Received in the Senate on February 21, 2009.
  • Referred to the Senate Public Affairs Committee on February 21, 2009.
  • Referred to the Senate Judicary Committee on March 7, 2009.