CS/HB 593: Misdescription of Beneficiaries and Banks
GENERAL BILL by Insurance & Banking Subcommittee ; Beltran ; (CO-INTRODUCERS) Melo
Misdescription of Beneficiaries and Banks; Revises requirements for rights as beneficiary of order & acceptance of order when beneficiary is nonexistent or unidentifiable person or account; removes rules relating to accepted payment orders; revises requirements relating to misdescription of banks for intermediaries & beneficiaries.
Effective Date: 7/1/2024
Last Action: 3/8/2024 House - Died on Second Reading Calendar
Bill Text: PDF
Last Action: 3/8/2024 House - Died on Second Reading Calendar
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 11/20/2023 | House |
• Filed |
| 11/30/2023 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 1/9/2024 | House |
• 1st Reading (Original Filed Version) |
| 1/23/2024 | House |
• Added to Insurance & Banking Subcommittee agenda |
| 1/25/2024 | House |
• Favorable with CS by Insurance & Banking Subcommittee • Reported out of Insurance & Banking Subcommittee • Laid on Table under Rule 7.18(a) • CS Filed |
| 1/26/2024 | House |
• Referred to Commerce Committee • Now in Commerce Committee • 1st Reading (Committee Substitute 1) |
| 2/6/2024 | House |
• Added to Commerce Committee agenda |
| 2/8/2024 | House |
• Favorable by Commerce Committee • Reported out of Commerce Committee • Bill released to House Calendar • Added to Second Reading Calendar |
| 3/8/2024 | House |
• Died on Second Reading Calendar |
