701.0102 (12m) An account that is part of a qualified ABLE program under section 529A (b) of the Internal Revenue Code.

127,7 Section 7. 701.0103 (1m) of the statutes is created to read:

701.0103 (1m) “Animal protector” means a person appointed in an animal trust to enforce the trust on behalf of the animal or, if no such person is appointed in the trust, a person appointed by the court for that purpose.

127,8 Section 8. 701.0103 (1n) of the statutes is created to read:

701.0103 (1n) “Animal trust” means a trust or an interest in a trust created to provide for the care of one or more animals.

127,9 Section 9. 701.0103 (3) (c) of the statutes is created to read:

701.0103 (3) (c) Is an identified charitable organization that will or may receive distributions under the terms of the trust.

127,10 Section 10. 701.0103 (3m) of the statutes is created to read:

701.0103 (3m) “Broad limited power of appointment” has the meaning given in s. 702.102 (4).

127,11 Section 11. 701.0103 (3r) of the statutes is created to read:

701.0103 (3r) “Charitable interest” means an interest in a trust that satisfies any of the following:

(a) It is held by an identified charitable organization and makes the organization a qualified beneficiary.

(b) It benefits only charitable organizations and, if the interest were held by an identified charitable organization, would make the organization a qualified beneficiary.

(c) It is held solely for charitable purposes and, if the interest were held by an identified charitable organization, would make the organization a qualified beneficiary.

127,12 Section 12. 701.0103 (3u) of the statutes is created to read:

701.0103 (3u) “Charitable organization” means any of the following:

(a) A person, other than an individual, organized and operated exclusively for charitable purposes.

(b) A government or governmental subdivision, agency, or instrumentality, to the extent it holds funds exclusively for a charitable purpose.

127,13 Section 13. 701.0103 (3x) of the statutes is created to read:

701.0103 (3x) “Charitable purpose” means the relief of poverty, the advancement of education or religion, the promotion of health, a municipal or other governmental purpose, or another purpose the achievement of which is beneficial to the community.

127,14 Section 14. 701.0103 (4) of the statutes is amended to read:

701.0103 (4) “Charitable trust” means a trust, or portion of a trust, created for a charitable purpose described in s. 701.0405 (1). This subsection does not apply in s. 701.1201.

127,15 Section 15. 701.0103 (5g) of the statutes is created to read:

701.0103 (5g) “Court” means the court that is identified in s. 701.0203 (1).

127,16 Section 16. 701.0103 (5w) of the statutes is created to read:

701.0103 (5w) “Current beneficiary” means a beneficiary that on the date the beneficiary’s qualification is determined is a distributee or permissible distributee of trust income or principal or is the holder of a presently exercisable general power of appointment.

127,17 Section 17. 701.0103 (9) of the statutes is amended to read:

701.0103 (9) “General power of appointment” has the meaning given in s. 702.02 (5) 702.102 (7).

127,18 Section 18. 701.0103 (11p) of the statutes is created to read: