2013-04-08                     Senate Journal                      Page 1035
SB 65                                                                                                                         
The Judiciary Committee considered SENATE BILL NO. 65 "An Act                                                                   
relating to property exemptions for retirement plans, individual                                                                
retirement accounts, and Roth IRAs; relating to transfers of individual                                                         
retirement plans; relating to the rights of judgment creditors of                                                               
members of limited liability companies and partners of limited liability                                                        

2013-04-08                     Senate Journal                      Page 1036
partnerships; relating to the Uniform Probate Code, including                                                                   
pleadings, orders, liability, and notices under the Uniform Probate                                                             
Code and the Alaska Principal and Income Act, the appointment of                                                                
trust property, the Alaska Uniform Prudent Investor Act, co-trustees,                                                           
trust protectors, and trust advisors; relating to the Alaska Principal and                                                      
Income Act; relating to the Alaska Uniform Transfers to Minors Act;                                                             
relating to the disposition of human remains; relating to the tax on                                                            
insurers for life insurance policies; relating to insurable interests for                                                       
certain insurance policies; relating to restrictions on transfers of trust                                                      
interests; relating to discretionary interests in irrevocable trusts;                                                           
relating to the community property of married persons; and amending                                                             
Rule 64, Alaska Rules of Civil Procedure, and Rule 301(a), Alaska                                                               
Rules of Evidence" and recommended it be replaced with                                                                          
                                                                                                                                
          CS FOR SENATE BILL NO. 65(JUD) "An Act                                                                                
          relating to property exemptions for retirement plans,                                                                 
          individual retirement accounts, and Roth IRAs;                                                                        
          relating to transfers of individual retirement plans;                                                                 
          relating to the rights of judgment creditors of                                                                       
          members of limited liability companies and partners                                                                   
          of limited liability partnerships; relating to the                                                                    
          Uniform Probate Code, including pleadings, orders,                                                                    
          liability, and notices under the Uniform Probate                                                                      
          Code and the Alaska Principal and Income Act, the                                                                     
          appointment of trust property, the Alaska Uniform                                                                     
          Prudent Investor Act, co-trustees, trust protectors,                                                                  
          and trust advisors; relating to the Alaska Principal                                                                  
          and Income Act; relating to the Alaska Uniform                                                                        
          Transfers to Minors Act; relating to the disposition                                                                  
          of human remains; relating to insurable interests for                                                                 
          certain insurance policies; relating to restrictions on                                                               
          transfers of trust interests; relating to discretionary                                                               
          interests in irrevocable trusts; relating to the                                                                      
          community property of married persons; and                                                                            
          amending Rule 64, Alaska Rules of Civil Procedure,                                                                    
          and Rule 301(a), Alaska Rules of Evidence."                                                                           
                                                                                                                                
Signing do pass: Senator Coghill, Chair; Senators McGuire, Dyson.                                                               
Signing no recommendation: Senator Wielechowski.                                                                                
                                                                                                                                
                                                                                                                                

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The following fiscal information was published today:                                                                           
          Fiscal Note No. 5, zero, Department of Commerce, Community                                                           
      and Economic Development                                                                                                  
                                                                                                                                
The following previously published fiscal information applies:                                                                  
     Fiscal Note No. 1, zero, Department of Law                                                                                 
     Fiscal Note No. 2, zero, Department of Revenue                                                                             
     Fiscal Note No. 3, zero, Department of Administration                                                                      
                                                                                                                                
The bill was referred to the Rules Committee.