The Florida Senate

CS/HB 519: Rights of Third Parties Under the Uniform Commercial Code

GENERAL BILL by Civil Justice and Property Rights Subcommittee ; Leek

Rights of Third Parties Under the Uniform Commercial Code; Provides that certain restrictions on effectiveness of terms in specified agreements & effectiveness of certain rules of law, statutes, or regulations related to discharge of account debtors & certain restrictions on assignment of promissory notes, health-care-insurance receivables, & certain general intangibles, do not apply to security interest in ownership interest in general partnership, limited partnership, or limited liability company.

Expand All Collapse All

• Bill History

  Date	Chamber	Action
  11/5/2021	House	• Filed
  11/19/2021	House	• Referred to Civil Justice & Property Rights Subcommittee • Referred to Regulatory Reform Subcommittee • Referred to Judiciary Committee • Now in Civil Justice & Property Rights Subcommittee
  1/11/2022	House	• Added to Civil Justice & Property Rights Subcommittee agenda • 1st Reading (Original Filed Version)
  1/13/2022	House	• Favorable with CS by Civil Justice & Property Rights Subcommittee
  1/14/2022	House	• Reported out of Civil Justice & Property Rights Subcommittee • Laid on Table under Rule 7.18(a) • CS Filed • 1st Reading (Committee Substitute 1)
  1/18/2022	House	• Referred to Regulatory Reform Subcommittee • Referred to Judiciary Committee • Now in Regulatory Reform Subcommittee • Added to Regulatory Reform Subcommittee agenda
  1/20/2022	House	• Favorable by Regulatory Reform Subcommittee • Reported out of Regulatory Reform Subcommittee • Now in Judiciary Committee
  1/24/2022	House	• Added to Judiciary Committee agenda
  1/26/2022	House	• Favorable by Judiciary Committee • Reported out of Judiciary Committee • Bill released to House Calendar • Added to Second Reading Calendar
  2/28/2022	House	• Bill added to Special Order Calendar (3/3/2022)
  3/3/2022	House	• Substituted CS/SB 336 • Laid on Table; companion bill(s) passed, see CS/SB 336 (Ch. 2022-119)

  Top of SectionTop of Page

• CS/HB 519, Committee Substitute 1 (Current Bill Version) Posted 1/14/2022 at 9:56 AM

  Bill Text:	PDF

  Analyses:	Regulatory Reform Subcommittee (Post-Meeting) 1/20/2022 (pdf) Judiciary Committee (Post-Meeting) 1/26/2022 (pdf)

  Related Bills (1)

  Bill Number	Subject	Filed By	Relationship	Last Action and Location	Track Bills
  S 336 (er)	Uniform Commercial Code	Berman	Identical	Last Action: 5/19/2022 Chapter No. 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)

  Top of SectionTop of Page

• HB 519, Original Filed Version Posted 11/5/2021 at 10:24 AM

  Bill Text:	PDF

  Analyses:	Civil Justice and Property Rights Subcommittee (Post-Meeting) 6/1/2022 (pdf)

  Related Bills (1)

  Bill Number	Subject	Filed By	Relationship	Last Action and Location	Track Bills
  S 336 (c1)	Uniform Commercial Code	Berman	Similar	Last Action: 5/19/2022 Chapter No. 2022-119

  Committee Amendments (1)

  Amendment	Sponsor	Filed	Last Committee Action	Format
  888071 - Amendment Remove line 110 and insert:	Leek	1/12/2022 3:44 PM	Adopted 1/13/2022	PDF

  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)

  Top of SectionTop of Page