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CS/SB 336: Uniform Commercial Code

GENERAL BILL by Judiciary ; Berman

Uniform Commercial Code; Providing that certain restrictions on the effectiveness of terms in specified agreements and the effectiveness of certain rules of law, statutes, or regulations related to the discharge of account debtors and certain restrictions on the assignment of promissory notes, health-care-insurance receivables, and certain general intangibles, respectively, do not apply to a security interest in an ownership interest in a general partnership, a limited partnership, or a limited liability company, etc.

Effective Date: 1/1/2023
Last Action: 5/19/2022 - Chapter No. 2022-119
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Judiciary (JU)
  3. Rules (RC)

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  • Bill History

    Date Chamber Action
    9/23/2021 Senate • Filed
    10/13/2021 Senate • Referred to Commerce and Tourism; Judiciary; Rules -SJ 19
    10/25/2021 Senate • On Committee agenda-- Commerce and Tourism, 11/02/21, 9:00 am, 110 Senate Building
    11/2/2021 Senate • Favorable by Commerce and Tourism; YEAS 10 NAYS 0 -SJ 95
    11/3/2021 Senate • Now in Judiciary
    1/3/2022 Senate • On Committee agenda-- Judiciary, 01/10/22, 4:00 pm, 412 Knott Building
    1/10/2022 Senate • CS by Judiciary; YEAS 10 NAYS 0 -SJ 96
    1/11/2022 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Introduced -SJ 19
    • CS by Judiciary read 1st time -SJ 89
    1/12/2022 Senate • Now in Rules
    1/14/2022 Senate • On Committee agenda-- Rules, 01/20/22, 9:30 am, 412 Knott Building
    1/20/2022 Senate • Favorable by- Rules; YEAS 15 NAYS 0 -SJ 215
    • Placed on Calendar, on 2nd reading
    1/24/2022 Senate • Placed on Special Order Calendar, 01/27/22 -SJ 236
    1/27/2022 Senate • Read 2nd time -SJ 231
    • Read 3rd time -SJ 231
    • CS passed; YEAS 36 NAYS 0 -SJ 231
    • Immediately certified -SJ 236
    1/27/2022 House • In Messages
    2/28/2022 House • Bill referred to House Calendar
    • Bill added to Special Order Calendar (3/3/2022)
    • 1st Reading (Committee Substitute 1)
    3/3/2022 House • Substituted for CS/HB 519
    • Read 2nd time
    • Placed on 3rd reading
    • Added to Third Reading Calendar
    3/4/2022 House • Read 3rd time
    • CS passed; YEAS 113, NAYS 0
    3/4/2022 Senate • Ordered enrolled -SJ 694
    5/18/2022 • Signed by Officers and presented to Governor
    • Approved by Governor
    5/19/2022 • Chapter No. 2022-119

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  • CS/SB 336, Enrolled (Current Bill Version) Posted 3/6/2022 at 12:47 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 519 (c1) Rights of Third Parties Under the Uniform Commercial Code Civil Justice and Property Rights Subcommittee Identical Last Action: 3/3/2022 H Laid on Table; companion bill(s) passed, see CS/SB 336 (Ch. 2022-119)

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    679.4061 Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective. Page 1 (pdf)
    679.4081 Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective. Page 3 (pdf)

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  • CS/SB 336, Committee Substitute 1 Posted 1/11/2022 at 10:23 AM

    Bill Text:   Web Page | PDF
    Analyses:   Rules (Pre-Meeting) 1/19/2022 (pdf)
    Rules (Post-Meeting) 1/20/2022 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 519 (c1) Rights of Third Parties Under the Uniform Commercial Code Civil Justice and Property Rights Subcommittee Identical Last Action: 3/3/2022 H Laid on Table; companion bill(s) passed, see CS/SB 336 (Ch. 2022-119)

    Committee Votes (1)

    Date Committee Result
    1/20/2022 9:30 AM Rules 15 Yeas - 0 Nays

    Floor Votes (2)

    Date Chamber Result
    1/27/2022 3:51 PM Senate 36 Yeas - 0 Nays
    3/4/2022 2:52 PM House 113 Yeas - 0 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    679.4061 Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective. Page 1 (pdf)
    679.4081 Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective. Page 3 (pdf)

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  • SB 336, Original Filed Version Posted 9/23/2021 at 3:20 PM

    Bill Text:   Web Page | PDF
    Analyses:   Commerce and Tourism (Pre-Meeting) 11/1/2021 (pdf)
    Commerce and Tourism (Post-Meeting) 11/3/2021 (pdf)
    Judiciary (Pre-Meeting) 1/7/2022 (pdf)
    Judiciary (Post-Meeting) 1/11/2022 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 519 Rights of Third Parties Under the Uniform Commercial Code Civil Justice and Property Rights Subcommittee Identical Last Action: 3/3/2022 H Laid on Table; companion bill(s) passed, see CS/SB 336 (Ch. 2022-119)

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    296532 - Amendment
    Delete line 110 and insert:
    Judiciary
    (Berman)
    1/7/2022
    3:50 PM
    Replaced by Committee Substitute
    1/10/2022
    Web Page
    PDF

    Committee Votes (2)

    Date Committee Result
    11/2/2021 9:00 AM Commerce and Tourism 10 Yeas - 0 Nays
    1/10/2022 4:00 PM Judiciary 10 Yeas - 0 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    679.4061 Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective. Page 1 (pdf)
    679.4081 Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective. Page 3 (pdf)

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