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SB178 Alabama 2026 Session

Updated Apr 9, 2026
Notable

Summary

Session
2026 Regular Session
Title
Trusts; amend Uniform Principal and Income Act, permit trustee to adjust between principal and income
Description

Under existing law, a trustee can only adjust trust receipts and disbursements between principal and income if the terms of the trust explicitly grant the trustee that authority.

This bill would permit trustees to adjust receipts and disbursements between principal and income without requiring the trust terms to authorize the adjustments, aligning current law with the Uniform Principal and Income Act.

This bill would also make nonsubstantive, technical revisions to update the existing code language to current style.

Subjects
Property & Estates

Bill Actions

S

Enacted

S

Enacted

S

Delivered to Governor

H

Signature Requested

S

Enrolled

S

Ready to Enroll

H

Motion to Read a Third Time and Pass - Adopted Roll Call 1299

H

Third Reading in Second House

H

Read for the Second Time and placed on the Calendar

H

Reported Out of Committee Second House

H

Pending House Judiciary

H

Read for the first time and referred to the House Committee on Judiciary

S

Motion to Read a Third Time and Pass - Adopted Roll Call 934

S

Third Reading in House of Origin

S

Read for the Second Time and placed on the Calendar

S

Reported Out of Committee House of Origin

S

Pending Senate Judiciary

S

Read for the first time and referred to the Senate Committee on Judiciary

Calendar

Hearing

House Judiciary Hearing

Room 200 at 13:30:00

Hearing

Senate Judiciary Hearing

Room 325 at 08:30:00

Bill Text

Votes

Motion to Read a Third Time and Pass - Roll Call 934

March 17, 2026 Senate Passed
Yes 27
Absent 8

Motion to Read a Third Time and Pass - Roll Call 1299

April 8, 2026 House Passed
Yes 103
Absent 2

Documents

Source: Alabama Legislature