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Bill > HB0603
TN HB0603
TN HB0603AN ACT to amend Tennessee Code Annotated, Title 47, relative to the Uniform Commercial Code.
summary
Introduced
01/30/2025
01/30/2025
In Committee
03/10/2025
03/10/2025
Crossed Over
Passed
Dead
Introduced Session
114th General Assembly
Bill Summary
As introduced, changes from February 1 to January 15, the date by which the secretary of state must annually report to the governor and general assembly on the operation of the filing office. - Amends TCA Title 47.
AI Summary
This bill amends Tennessee Code Annotated, Title 47, which covers the Uniform Commercial Code (UCC), specifically changing the annual reporting deadline for the secretary of state. Currently, the secretary of state is required to submit an annual report to the governor and general assembly by February 1, and this bill modifies that date to January 15. By moving the reporting deadline earlier by two weeks, the bill aims to provide state leadership with the filing office's operational report slightly sooner, potentially allowing for more timely review and planning. The change is relatively minor and administrative in nature, and the bill indicates that it will take effect immediately upon becoming law, with the justification that it serves the public welfare.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Assigned to s/c Banking & Consumer Affairs Subcommittee (on 03/10/2025)
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=HB0603&ga=114 |
| Fiscal Note - HB0603 | https://www.capitol.tn.gov/Bills/114/Fiscal/HB0603.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/HB0603.pdf |
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