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CS/CS/SB 600: Assignment for the Benefit of Creditors

GENERAL BILL by Rules ; Judiciary ; Martin

Assignment for the Benefit of Creditors; Revising requirements for the commencement of proceedings for general assignments; authorizing assignees to rely on certain orders, judgments, decrees, rules, and documents; limiting the assets a creditor or other party in interest may pursue in an action against an assignee; providing requirements for a creditor or other party in interest in certain actions against an assignee, etc.

Effective Date: 7/1/2023
Last Action: 6/16/2023 - Chapter No. 2023-219
Bill Text: Web Page | PDF
Senate Committee References:
  1. Judiciary (JU)
  2. Banking and Insurance (BI)
  3. Rules (RC)



Bill History

Date Chamber Action
2/8/2023 Senate • Filed
2/16/2023 Senate • Referred to Judiciary; Banking and Insurance; Rules
3/7/2023 Senate • Introduced
3/16/2023 Senate • On Committee agenda-- Judiciary, 03/21/23, 2:30 pm, 412 Knott Building
3/21/2023 Senate • CS by Judiciary; YEAS 11 NAYS 0
3/22/2023 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• CS by Judiciary read 1st time
3/23/2023 Senate • Now in Banking and Insurance
3/24/2023 Senate • On Committee agenda-- Banking and Insurance, 03/29/23, 8:30 am, 412 Knott Building
3/29/2023 Senate • Favorable by Banking and Insurance; YEAS 12 NAYS 0
• Now in Rules
4/6/2023 Senate • On Committee agenda-- Rules, 04/11/23, 8:30 am, 412 Knott Building
4/11/2023 Senate • CS/CS by- Rules; YEAS 18 NAYS 0
4/12/2023 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
• CS/CS by Rules read 1st time
4/13/2023 Senate • Placed on Calendar, on 2nd reading
• Placed on Special Order Calendar, 04/19/23
4/19/2023 Senate • Read 2nd time -SJ 434
• Read 3rd time -SJ 434
• CS passed; YEAS 40 NAYS 0 -SJ 434
• Immediately certified -SJ 438
4/19/2023 House • In Messages
• Bill referred to House Calendar
• Bill added to Special Order Calendar (4/20/2023)
• 1st Reading (Committee Substitute 2)
4/20/2023 House • Substituted for CS/HB 491
• Read 2nd time
• Added to Third Reading Calendar
• Read 3rd time
• CS passed; YEAS 112, NAYS 0
4/20/2023 Senate • Ordered enrolled
6/5/2023 • Signed by Officers and presented to Governor
6/12/2023 • Approved by Governor
6/16/2023 • Chapter No. 2023-219