HOUSE AMENDMENT
                                                  Bill No. HB 1157   Barcode 554823
    Amendment No. 01 (for drafter's use only)
                            CHAMBER ACTION
              Senate                               House
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 5                                           ORIGINAL STAMP BELOW
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11  The Committee on Banking offered the following:
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13         Amendment (with title amendment) 
14         On page 2, line 25, through page 3, line 8,
15  remove from the bill:  all of said lines,
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17  and insert in lieu thereof:  
18         (c)  In all other cases, by filing under the Florida
19  Secured Transaction Registry in the office of the Department
20  of State.
21         (5)  Notwithstanding the preceding subsections, and
22  subject to s. 679.302(3), the proper place to file in order to
23  perfect a security interest in collateral, including fixtures,
24  of a transmitting utility is under the Florida Secured
25  Transaction Registry the office of the Department of State.
26         Section 3.  Section 679.4015, Florida Statutes, is
27  created to read:
28         679.4015 Florida Secured Transaction Registry.--
29         (1)  The "Florida Secured Transaction Registry means
30  that centralized data base in which Financing Statements under
31  the Uniform Commercial Code are filed and retrieved.
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    File original & 9 copies    03/28/01                          
    hfs0003                     04:05 pm         01157-ba  -554823

HOUSE AMENDMENT Bill No. HB 1157 Barcode 554823 Amendment No. 01 (for drafter's use only) 1 (2) The Department of State shall perform the 2 administrative and operational functions as filing officer and 3 filing office for the Florida Secured Transaction Registry 4 until October 1, 2001 at which time the department shall cease 5 serving as the designated filing officer and filing office for 6 the Florida Secured Transaction Registry and as may otherwise 7 be specified in this chapter. 8 (3) The Department of State shall immediately develop 9 10 11 ================ T I T L E A M E N D M E N T =============== 12 And the title is amended as follows: 13 On page 1, lines 6 through 13, 14 remove from the title of the bill: all of said lines, 15 16 and insert in lieu thereof: 17 679.4015, F.S.; providing a definition for the 18 Florida Secured Transaction Registry; requiring 19 the Department of State to cease operating as 20 designated filing officer and filing office for 21 certain purposes; providing duties and 22 responsibilities of the Department of State 23 relating to maintaining the registry; providing 24 criteria for the registry; 25 26 27 28 29 30 31 2 File original & 9 copies 03/28/01 hfs0003 04:05 pm 01157-ba -554823