CS/HB 519 (2022) - Rights of Third Parties Under the Uniform Commercial Code

General Bill by Civil Justice & Property Rights Subcommittee and 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.

Companion Bill passed CS/SB 336 Uniform Commercial Code By Judiciary and Berman

Effective Date: January 1, 2023

Last Event: Companion bill(s) passed, see CS/SB 336 (Ch. 2022-119) on Thursday, March 3, 2022 4:45 PM; HB Laid on Table

Lobbyist Disclosure Information

Referred Committees and Committee Actions

House Referrals

Civil Justice & Property Rights Subcommittee
- On agenda for: 01/13/22 2:00 PM
  View Notice Meeting Packets Action Packets
- Favorable With Committee Substitute (final action) View Meeting Appearances See Votes
Regulatory Reform Subcommittee
- On agenda for: 01/20/22 1:00 PM
  View Notice Meeting Packets Action Packets
- Favorable (final action) View Meeting Appearances See Votes
Judiciary Committee
- On agenda for: 01/26/22 8:00 AM
  View Notice Meeting Packets Action Packets
- Favorable (final action) View Meeting Appearances See Votes

Related Bills

Bill #	Subject	Relationship
Bill #: CS/SB 336	Subject: Uniform Commercial Code	Relationship: Identical

Bill Text

Committee Substitute 1
Original Filed Version
- A 888071 , Leek (CIV) Date Filed: 01/12/22, Line#: 110 House(c): Adopted 01/13/2022 09:02 PM

Staff Analysis

Chamber	Committee
Chamber: House	Committee: Final Bill Analysis 6/1/2022 9:45:27 AM
Chamber: House	Committee: Final Bill Analysis 3/17/2022 10:20:20 AM
Chamber: House	Committee: Judiciary Committee 1/26/2022 12:39:14 PM
Chamber: House	Committee: Judiciary Committee 1/24/2022 4:04:24 PM
Chamber: House	Committee: Regulatory Reform Subcommittee 1/20/2022 6:55:18 PM
Chamber: House	Committee: Regulatory Reform Subcommittee 1/18/2022 6:19:52 PM
Chamber: House	Committee: Civil Justice & Property Rights Subcommittee 1/14/2022 9:45:07 AM
Chamber: House	Committee: Civil Justice & Property Rights Subcommittee 1/11/2022 4:32:55 PM

Vote History

(No Votes Recorded)

Bill History

Event	Time	Member	Committee	Ver.
Event: H Laid on Table; companion bill(s) passed, see CS/SB 336 (Ch. 2022-119)	Time: 03/03/2022 - 4:45 PM	Member:	Committee:	Version: c1
Event: H Substituted CS/SB 336	Time: 03/03/2022 - 4:45 PM	Member:	Committee:	Version: c1
Event: H Bill added to Special Order Calendar (3/3/2022)	Time: 02/28/2022 - 10:01 PM	Member:	Committee:	Version: c1
Event: H Added to Second Reading Calendar	Time: 01/26/2022 - 12:39 PM	Member:	Committee:	Version: c1
Event: H Bill released to House Calendar	Time: 01/26/2022 - 12:39 PM	Member:	Committee:	Version: c1
Event: H Reported out of Judiciary Committee	Time: 01/26/2022 - 12:39 PM	Member:	Committee: Judiciary Committee	Version: c1
Event: H Favorable by Judiciary Committee	Time: 01/26/2022 - 12:33 PM	Member:	Committee: Judiciary Committee	Version: c1
Event: H Added to Judiciary Committee agenda	Time: 01/24/2022 - 4:01 PM	Member:	Committee: Judiciary Committee	Version: c1
Event: H Now in Judiciary Committee	Time: 01/20/2022 - 6:57 PM	Member:	Committee: Judiciary Committee	Version: c1
Event: H Reported out of Regulatory Reform Subcommittee	Time: 01/20/2022 - 6:57 PM	Member:	Committee: Regulatory Reform Subcommittee	Version: c1
Event: H Favorable by Regulatory Reform Subcommittee	Time: 01/20/2022 - 6:31 PM	Member:	Committee: Regulatory Reform Subcommittee	Version: c1
Event: H Added to Regulatory Reform Subcommittee agenda	Time: 01/18/2022 - 4:04 PM	Member:	Committee: Regulatory Reform Subcommittee	Version: c1
Event: H Now in Regulatory Reform Subcommittee	Time: 01/18/2022 - 11:57 AM	Member:	Committee: Regulatory Reform Subcommittee	Version: c1
Event: H Referred to Judiciary Committee	Time: 01/18/2022 - 11:57 AM	Member:	Committee: Judiciary Committee	Version: c1
Event: H Referred to Regulatory Reform Subcommittee	Time: 01/18/2022 - 11:57 AM	Member:	Committee: Regulatory Reform Subcommittee	Version: c1
Event: H 1st Reading	Time: 01/14/2022 - 6:23 PM	Member:	Committee:	Version: c1
Event: H CS Filed	Time: 01/14/2022 - 9:56 AM	Member:	Committee:	Version: c1
Event: H Laid on Table under Rule 7.18(a)	Time: 01/14/2022 - 9:56 AM	Member:	Committee:	Version: __
Event: H Reported out of Civil Justice & Property Rights Subcommittee	Time: 01/14/2022 - 9:34 AM	Member:	Committee: Civil Justice & Property Rights Subcommittee	Version: __
Event: H Favorable with CS by Civil Justice & Property Rights Subcommittee	Time: 01/13/2022 - 9:02 PM	Member:	Committee: Civil Justice & Property Rights Subcommittee	Version: __
Event: H 1st Reading	Time: 01/11/2022 - 9:25 PM	Member:	Committee:	Version: __
Event: H Added to Civil Justice & Property Rights Subcommittee agenda	Time: 01/11/2022 - 4:08 PM	Member:	Committee: Civil Justice & Property Rights Subcommittee	Version: __
Event: H Now in Civil Justice & Property Rights Subcommittee	Time: 11/19/2021 - 2:52 PM	Member:	Committee: Civil Justice & Property Rights Subcommittee	Version: __
Event: H Referred to Judiciary Committee	Time: 11/19/2021 - 2:52 PM	Member:	Committee: Judiciary Committee	Version: __
Event: H Referred to Regulatory Reform Subcommittee	Time: 11/19/2021 - 2:52 PM	Member:	Committee: Regulatory Reform Subcommittee	Version: __
Event: H Referred to Civil Justice & Property Rights Subcommittee	Time: 11/19/2021 - 2:52 PM	Member:	Committee: Civil Justice & Property Rights Subcommittee	Version: __
Event: H Filed	Time: 11/05/2021 - 10:24 AM	Member: Leek	Committee:	Version: __

Statutes Referenced by this Bill

Statute	Other Bill Citations
679.4061	CS/SB 336
679.4081	CS/SB 336