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Michigan House Bill 4034 Revises Trust Perpetuities Rules to Align with Personal Property Act

Original title: Probate: trusts; uniform statutory rule against perpetuities; revise to reflect limitation of the personal property trust perpetuities act to certain property.

Last action · April 29, 2025: REFERRED TO COMMITTEE ON CIVIL RIGHTS, JUDICIARY, AND PUBLIC SAFETYSponsors: Douglas Wozniak and 4 others

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Would Do

Michigan House Bill 4034 amends sections 3, 5, and 6 of the uniform statutory to clarify the creation time for trust property interests and adjust the perpetuities time period to 360 years when certain s are exercised under the personal property trust perpetuities act.

Why it matters

Changes how long certain trust property interests and powers of appointment can legally endure when subjected to s under Michigan trust law.

Background
  • The Uniform Statutory Rule Against Perpetuities governs how long certain property interests can remain contingent before vesting. context
  • House Bill 4034 is part of Michigan's ongoing legislative updates to estate and trust management statutes. context

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

Trust beneficiaries

Trust beneficiaries experience changes in how long nonvested property interests and powers of appointment can be maintained under statutory perpetuities rules.

Directly affected

Fiduciaries and trustees

Fiduciaries and trustees must manage trust assets and administer property in accordance with the updated creation timelines and 360-year evaluation periods.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What time period is used when evaluating certain second power exercises under the bill?
A period of 360 years is used instead of 90 years when determining whether section 2(1)(b), (2)(b), or (3)(b) is satisfied or whether to reform a disposition.
Does this bill change rules for trusts created before December 27, 1988?
It maintains judicial provisions allowing a court to reform dispositions for interests created before December 27, 1988, upon the petition of an interested person if determined in a judicial proceeding to violate prior rules against perpetuities.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently passed both. The next step in the legislative lifecycle is Law.

Procedural history

15 actions
  1. Apr 29, 2025SenateCommittee
    REFERRED TO COMMITTEE ON CIVIL RIGHTS, JUDICIARY, AND PUBLIC SAFETY
  2. Apr 29, 2025SenateFloor
    PASSED BY HOUSE WITH IMMEDIATE EFFECT
  3. Apr 23, 2025House
    transmitted
  4. Apr 23, 2025House
    title amended
  5. Apr 23, 2025HouseFloor
    passed; given immediate effect Roll Call #66 Yeas 106 Nays 0 Excused 0 Not Voting 4
  6. Apr 23, 2025HouseFloor
    read a third time
Show 9 earlier actions
  1. Apr 22, 2025House
    placed on third reading
  2. Apr 22, 2025HouseFloor
    substitute (H-2) adopted
  3. Apr 22, 2025HouseFloor
    read a second time
  4. Apr 16, 2025House
    referred to second reading
  5. Apr 16, 2025HouseCommittee
    reported with recommendation with substitute (H-2)
  6. Jan 29, 2025House
    bill electronically reproduced 01/28/2025
  7. Jan 28, 2025HouseCommittee
    referred to Committee on Judiciary
  8. Jan 28, 2025HouseIntroduced
    read a first time
  9. Jan 28, 2025HouseIntroduced
    introduced by Representative Rep. Douglas Wozniak

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

Alignment with Personal Property Trust Perpetuities Act

The amendments integrate the uniform statutory rule against perpetuities more closely with the framework established by the 2008 personal property trust perpetuities act by introducing a 360-year rule for second powers.

Connected Entities

Timothy Beson, Joseph Aragona, Brian BeGole and 2 more
PersonTimothy Beson“Cosponsor of House Bill 4034”Map →
PersonJoseph Aragona“Cosponsor of House Bill 4034”Map →
PersonBrian BeGole“Cosponsor of House Bill 4034”Map →
PersonGina Johnsen“Cosponsor of House Bill 4034”Map →
PersonDouglas Wozniak“Primary sponsor of House Bill 4034”Map →

Sources

Open source document

legislature.mi.gov

Analysis Score

0–100
  • Significance45
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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