KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to Michigan

HB4034 • 2026

Probate: trusts; uniform statutory rule against perpetuities; revise to reflect limitation of the personal property trust perpetuities act to certain property. Amends secs. 3 & 5 of 1988 PA 418 (MCL 554.73 & 554.75). TIE BAR WITH: HB 4033'25

Probate: trusts; uniform statutory rule against perpetuities; revise to reflect limitation of the personal property trust perpetuities act to certain property. Amends secs. 3 & 5 of 1988 PA 418 (MCL 554.73 & 554.75). TIE BAR WITH: HB 4033'25

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Douglas Wozniak (District 59), Gina Johnsen (District 78), Joseph Aragona (District 60), Timothy Beson (District 96), Brian BeGole (District 71)
Last action
2025-04-29
Official status
REFERRED TO COMMITTEE ON CIVIL RIGHTS, JUDICIARY, AND PUBLIC SAFETY
Effective date
Not listed

Plain English Breakdown

The official summary does not provide detailed information about specific changes or affected property types, leading to uncertainty in some claims.

Changing Rules for Trusts

This law revises the rules about how long certain types of trusts can last, focusing on personal property.

What This Bill Does

  • Revises parts of an old law to reflect new limitations on the Personal Property Trust Perpetuities Act.

Who It Names or Affects

  • People who create or manage trusts involving personal property.
  • Lawyers and judges dealing with probate cases related to trusts.

Terms To Know

Trust
A legal arrangement where one person (the trustee) holds assets for the benefit of another person (the beneficiary).
Perpetuity
A rule that limits how long a trust can last, usually to prevent property from being tied up forever.

Limits and Unknowns

  • The bill does not specify exactly which types of personal property are affected.
  • It is unclear what specific changes will be made until the full text is available and reviewed.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

H-2

5

reported with recommendation with substitute (H-2)

Plain English: reported with recommendation with substitute (H-2) 5

  • The official amendment file could not be read automatically during the last sync, so only the official amendment metadata is shown right now.

Bill History

  1. 2025-04-29 SJ 37 Pg. 374

    PASSED BY HOUSE WITH IMMEDIATE EFFECT

  2. 2025-04-29 SJ 37 Pg. 374

    REFERRED TO COMMITTEE ON CIVIL RIGHTS, JUDICIARY, AND PUBLIC SAFETY

  3. 2025-04-23 HJ 38 Pg. 399

    read a third time

  4. 2025-04-23 HJ 38 Pg. 399

    passed; given immediate effect Roll Call #66 Yeas 106 Nays 0 Excused 0 Not Voting 4

  5. 2025-04-23 HJ 38 Pg. 399

    title amended

  6. 2025-04-23 HJ 38 Pg. 399

    transmitted

  7. 2025-04-22 HJ 37 Pg. 387

    read a second time

  8. 2025-04-22 HJ 37 Pg. 387

    substitute (H-2) adopted

  9. 2025-04-22 HJ 37 Pg. 387

    placed on third reading

  10. 2025-04-16 HJ 35 Pg. 343

    reported with recommendation with substitute (H-2)

  11. 2025-04-16 HJ 35 Pg. 343

    referred to second reading

  12. 2025-01-29 HJ 9 Pg. 77

    bill electronically reproduced 01/28/2025

  13. 2025-01-28 HJ 8 Pg. 70

    introduced by Representative Rep. Douglas Wozniak

  14. 2025-01-28 HJ 8 Pg. 70

    read a first time

  15. 2025-01-28 HJ 8 Pg. 70

    referred to Committee on Judiciary

Official Summary Text

Probate: trusts; uniform statutory rule against perpetuities; revise to reflect limitation of the personal property trust perpetuities act to certain property. Amends secs. 3 & 5 of 1988 PA 418 (MCL 554.73 & 554.75). TIE BAR WITH: HB 4033'25