Rep. Posthumus moved that the bill be given immediate effect.
The motion prevailed, 2/3 of the members serving voting therefor.
House Bill No. 4033, entitled
A bill to allow certain fiduciaries to convert income trusts to unitrusts, convert express unitrusts to income
trusts, and change the percentage or method used to calculate unitrust amounts.
The bill was read a third time.
The question being on the passage of the bill,
Rep. Wozniak moved to substitute (H-1) the bill.
The motion was seconded and the substitute (H-1) was adopted, a majority of the members serving voting
therefor.
The question being on the passage of the bill,
The bill was then passed, a majority of the members serving voting therefor, by yeas and nays, as follows: