HOUSE BILL 374

File Code: Commercial Law - Generally Crossfiled with: SENATE BILL 286

Sponsored By:

Delegate McHale

Entitled:

Commercial Law - Uniform Commercial Code - Title 9 - Miscellaneous

Synopsis:

Altering the definitions of "agricultural lien" and "health-care-insurance receivable" under Title 9 of the Uniform Commercial Code; establishing that a sale by an individual of an account that is a right to payment of winnings in a lottery or other game of chance is automatically perfected; clarifying the date on which certain financing statements lapse; etc.

History by Legislative Date

House Action

2/4

First Reading Economic Matters

2/12

Hearing 2/19 at 1:00 p.m.

3/18

Favorable Report by Economic Matters

Favorable Report Adopted

Second Reading Passed

3/19

Third Reading Passed (132-0)

3/30

Returned Passed

5/22

Governor vetoed - Cross-filed bill was signed

Senate Action

3/20

First Reading Finance

3/21

Hearing 3/27 at 1:00 p.m.

4/1

Favorable Report by Finance

3/30

Favorable Report Adopted

Second Reading Passed

3/31

Third Reading Passed (45-0)

Bill indexed under the following Subjects:

AGRICULTURE -see also- FARMLAND

BANKS AND TRUST COMPANIES

FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.

GAMING -see also- BINGO; LOTTERY; RAFFLES

HEALTH INSURANCE -see also- HMOS; MANAGED CARE ORGANIZATIONS

LIENS -see also- MECHANICS' LIENS

LOTTERY

SECURITY ALARMS

UNIFORM LAWS

Bill affects the following Statutes:

Commercial Law

( 9-102 , 9-304 , 9-309 , 9-705 , 9-706 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

House

March 19, 2003: Third Reading Passed (132-0)

Senate

March 31, 2003: Third Reading Passed (45-0)