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Bill > SB0479
TN SB0479
TN SB0479AN ACT to amend Tennessee Code Annotated, Title 47, relative to the uniform commercial code.
summary
Introduced
01/25/2023
01/25/2023
In Committee
Crossed Over
03/21/2024
03/21/2024
Passed
04/29/2024
04/29/2024
Dead
Signed/Enacted/Adopted
05/07/2024
05/07/2024
Introduced Session
113th General Assembly
Bill Summary
As enacted, clarifies that a "deposit account," for purposes of provisions regarding secured transactions in the Uniform Commercial Code, does not include a United States central bank digital currency. - Amends TCA Title 47.
AI Summary
This bill amends the Tennessee Code Annotated, Title 47, which relates to the Uniform Commercial Code. It clarifies that a "deposit account", for the purposes of secured transactions, does not include a United States central bank digital currency. This change provides legal clarity on the treatment of central bank digital currencies under the state's commercial code.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Effective date(s) 04/29/2024 (on 05/07/2024)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0479&ga=113 |
| BillText | https://publications.tnsosfiles.com/acts/113/pub/pc0802.pdf |
| Fiscal Memo for SA0509 (12303) | https://www.capitol.tn.gov/Bills/113/Fiscal/FM2606.pdf |
| Amendment 2-0 to SB0479 | https://www.capitol.tn.gov/Bills/113/Amend/SA0713.pdf |
| Fiscal Memo for SA0713 (15489) | https://www.capitol.tn.gov/Bills/113/Fiscal/FM2191.pdf |
| Amendment 1-0 to SB0479 | https://www.capitol.tn.gov/Bills/113/Amend/SA0509.pdf |
| Fiscal Note - SB0479 | https://www.capitol.tn.gov/Bills/113/Fiscal/SB0479.pdf |
| BillText | https://www.capitol.tn.gov/Bills/113/Bill/SB0479.pdf |
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