PA SB381 | 2013-2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 7-2)
Status: Passed on June 27 2013 - 100% progression
Action: 2013-06-27 - Act No. 30
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.

Tracking Information

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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

2013-06-24 - House - SB 381 PN 314, FP (Y: 198 N: 0 NV: 0 Abs: 5) [PASS]
2013-04-15 - Senate - SB 381 PN 314, FINAL PASSAGE (Y: 49 N: 0 NV: 1 Abs: 0) [PASS]
2013-04-08 - Senate - Re-Reported as Committed (Y: 25 N: 0 NV: 1 Abs: 0) [PASS]
2013-02-05 - Senate - Reported as Committed (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2013-06-27HouseAct No. 30
2013-06-27HouseApproved by the Governor
2013-06-26HousePresented to the Governor
2013-06-25HouseSigned in House
2013-06-25HouseSigned in Senate
2013-06-24HouseThird consideration and final passage (198-0)
2013-06-24HouseRe-reported as committed
2013-06-20HouseRe-referred to APPROPRIATIONS
2013-06-20HouseSecond consideration
2013-06-19HouseRemoved from table
2013-06-18HouseLaid on the table
2013-06-18HouseFirst consideration
2013-06-18HouseReported as committed
2013-04-17HouseReferred to JUDICIARY
2013-04-15HouseIn the House
2013-04-15SenateThird consideration and final passage (49-0)
2013-04-10SenateSecond consideration
2013-04-08SenateRe-reported as committed
2013-02-13SenateRe-referred to APPROPRIATIONS
2013-02-05SenateFirst consideration
2013-02-05SenateReported as committed
2013-02-01SenateReferred to BANKING AND INSURANCE

Pennsylvania State Sources

TypeSource
Summaryhttps://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2013&sind=0&body=S&type=B&bn=381
Texthttps://www.legis.state.pa.us/cfdocs/legis/PN/Public/btCheck.cfm?txtType=HTM&sessYr=2013&sessInd=0&billBody=S&billTyp=B&billNbr=0381&pn=0314
Texthttps://www.legis.state.pa.us/cfdocs/legis/PN/Public/btCheck.cfm?txtType=PDF&sessYr=2013&sessInd=0&billBody=S&billTyp=B&billNbr=0381&pn=0314
Roll Callhttps://www.legis.state.pa.us/cfdocs/legis/RCC/PUBLIC/listVoteSummary.cfm?sYear=2013&sInd=0&chamber=S&cteeCde=37&theDate=02/05/2013&rNbr=27
Roll Callhttps://www.legis.state.pa.us/cfdocs/legis/RCC/PUBLIC/listVoteSummary.cfm?sYear=2013&sInd=0&chamber=S&cteeCde=3&theDate=04/08/2013&rNbr=108
Roll Callhttps://www.legis.state.pa.us/CFDOCS/Legis/RC/Public/rc_view_action2.cfm?sess_yr=2013&sess_ind=0&rc_body=S&rc_nbr=54
Roll Callhttps://www.legis.state.pa.us/CFDOCS/Legis/RC/Public/rc_view_action2.cfm?sess_yr=2013&sess_ind=0&rc_body=H&rc_nbr=544

Bill Comments

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