PA HB24 | 2013-2014 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Republican 17-3)
Status: Engrossed on March 19 2013 - 50% progression, died in committee
Action: 2013-04-03 - Referred to JUDICIARY
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]
Status: Engrossed on March 19 2013 - 50% progression, died in committee
Action: 2013-04-03 - Referred to JUDICIARY
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]
Summary
An Act amending Titles 13 (Commercial Code), 30 (Fish) and 75 (Vehicles) of the Pennsylvania Consolidated Statutes, revising secured transaction provisions relating to definitions, to control of electronic chattel paper, to location of debtor, to perfection of security interests in property subject to certain statutes, regulations and treaties, to continued perfection of security interest following change in governing law, to interests which take priority over or take free of security interest or agricultural lien, to priority of security interests created by new debtor, to discharge of account debtor, notification of assignment, identification and proof of assignment, restrictions on assignment of accounts, chattel paper, payment intangibles and promissory notes ineffective, to restrictions on assignment of promissory notes, health-care-insurance receivables and certain general intangibles ineffective, to contents of financing statement, record of mortgage as financing statement, time of filing financing statement, to name of debtor and secured party, to effect of certain events on effectiveness of financing statement, to duration and effectiveness of financing statement, effect of lapsed financing statement, to what constitutes filing, effectiveness of filing, to claim concerning inaccurate or wrongfully filed record and to collection and enforcement by secured party; providing for transition provisions for 2013 amendments; imposing duties upon the Department of State and the Department of Transportation; and making editorial changes.
Title
Revising secured transaction provisions relating to definitions, to control of electronic chattel paper, to location of debtor, to perfection of security interests in property subject to certain statutes, regulations and treaties, to continued perfection of security interest following change in governing law, to interests which take priority over or take free of security interest or agricultural lien, to priority of security interests created by new debtor, to discharge of account debtor, notification of assignment, identification and proof of assignment, restrictions on assignment of accounts, chattel paper, payment intangibles and promissory notes ineffective, to restrictions on assignment of promissory notes, health-care-insurance receivables and certain general intangibles ineffective, to contents of financing statement, record of mortgage as financing statement, time of filing financing statement, to name of debtor and secured party, to effect of certain events on effectiveness of financing statement, to duration and effectiveness of financing statement, effect of lapsed financing statement, to what constitutes filing, effectiveness of filing, to claim concerning inaccurate or wrongfully filed record and to collection and enforcement by secured party; providing for transition provisions for 2013 amendments; imposing duties upon the Department of State and the Department of Transportation; and making editorial changes.
Sponsors
Roll Calls
2013-03-19 - House - HB 24 PN 117, FP (Y: 194 N: 0 NV: 0 Abs: 7) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2013-04-03 | Senate | Referred to JUDICIARY |
| 2013-03-19 | Senate | In the Senate |
| 2013-03-19 | House | Third consideration and final passage (194-0) |
| 2013-03-19 | House | Re-reported as committed |
| 2013-03-18 | House | Re-committed to APPROPRIATIONS |
| 2013-03-18 | House | Second consideration |
| 2013-03-13 | House | Removed from table |
| 2013-03-12 | House | Laid on the table |
| 2013-03-12 | House | First consideration |
| 2013-03-12 | House | Reported as committed |
| 2013-01-16 | House | Referred to JUDICIARY |
