SENATE BILL 286

CHAPTER NUMBER: 372 File Code: Commercial Law - Generally Crossfiled with: HOUSE BILL 374

Sponsored By:

Senator Kelley

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

Senate Action

1/31

First Reading Finance

2/19

Hearing 3/12 at 1:00 p.m.

2/20

Hearing cancelled

Hearing 3/5 at 1:00 p.m.

3/14

Favorable Report by Finance

3/17

Favorable Report Adopted

Second Reading Passed

3/19

Third Reading Passed (46-0)

4/2

Returned Passed

5/22

Signed by the Governor Chapter 372

House Action

3/19

First Reading Economic Matters

3/20

Hearing 3/26 at 1:00 p.m.

4/2

Favorable Report by Economic Matters

3/29

Favorable Report Adopted

Second Reading Passed

3/30

Third Reading Passed (134-0)

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):

Senate

March 19, 2003: Third Reading Passed (46-0)

House

March 30, 2003: Third Reading Passed (134-0)