Bill Summary

SB 1666 Uniform Commercial Code (2025 Session)
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Sponsors
by Grall  CS Sponsors: Commerce and Tourism, Rules
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Summary
Uniform Commercial Code; Creating the “Uniform Commercial Code—Controllable Electronic Records”; specifying when a purchaser of a controllable account or controllable payment intangible is a qualifying purchaser; specifying when a person has control of a controllable electronic record; authorizing account debtors on a controllable account or controllable payment intangible to discharge obligations under certain circumstances; specifying requirements for perfecting security interests that are enforceable and perfected before a specified date, etc. Effective Date: 7/1/2025
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committees of reference
   S Commerce and Tourism
   S Judiciary
   S Rules
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Actions
02/28/25
SENATE
Filed
03/07/25
SENATE
Referred to Commerce and Tourism; Judiciary; Rules
03/12/25
SENATE
On Committee agenda - Commerce and Tourism, 03/17/25, 1:30 pm, 110 S
03/17/25
SENATE
Favorable with CS by Commerce and Tourism; 9 Yeas, 0 Nays
03/18/25
SENATE
Committee Substitute Text (C1) Filed
03/18/25
SENATE
Now in Judiciary
03/27/25
SENATE
On Committee agenda - Judiciary, 04/01/25, 4:00 pm, 110 S
04/01/25
SENATE
Favorable by Judiciary; 11 Yeas, 0 Nays
04/02/25
SENATE
Now in Rules
04/03/25
SENATE
On Committee agenda - Rules, 04/08/25, 9:00 am, 412 K
04/08/25
SENATE
Favorable with CS by Rules; 24 Yeas, 0 Nays
04/10/25
SENATE
Committee Substitute Text (C2) Filed
04/10/25
SENATE
Placed on Calendar, on 2nd reading
04/10/25
SENATE
Placed on Special Order Calendar, 04/15/25
04/15/25
SENATE
Temporarily Postponed on Second Reading
04/15/25
SENATE
Retained on Special Order Calendar
04/16/25
SENATE
Temporarily Postponed on Second Reading
04/16/25
SENATE
Retained on Calendar
04/21/25
SENATE
Placed on Special Order Calendar, 04/23/25
04/23/25
SENATE
Read Second Time; Substituted for HB 0515; Laid on Table, Refer to HB 0515
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bill text & filed amendments
1666
Filed on 02/28/25
PDF
Amendment 901058
Grall
Filed on 03/14/25
Replaced by CS
PDF
1666C1
Filed on 03/18/25
PDF
Amendment 136974
Grall
Filed on 04/07/25
Replaced by CS
PDF
Amendment 151818
Grall
Filed on 04/07/25
Replaced by CS
PDF
1666C2
Filed on 04/10/25
PDF
No amendments to this bill text filed.
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Statute Citations
55.205
90.953
319.27
328.0015
517.061
559.9232
563.022
655.55
668.5
669.101
669.102
669.103
669.104
669.105
669.106
669.107
669.501
669.502
669.601
669.701
669.702
669.703
669.704
669.705
669.706
670.103
670.201
670.202
670.203
670.207
670.208
670.21
670.211
670.305
670.601
671.101
671.105
671.107
671.201
671.211
671.401
672.102
672.103
672.106
672.201
672.202
672.203
672.205
672.209
672.801
673.1031
673.1041
673.1051
673.1061
673.1151
673.4011
673.6041
673.6051
673.702
674.104
674.2101
675.103
675.104
675.116
675.1181
675.119
677.102
677.106
677.701
678.1021
678.1031
678.1061
678.1101
678.3031
678.5101
678.601
679.1021
679.1041
679.1051
679.1052
679.1053
679.1054
679.1061
679.1091
679.1101
679.2031
679.2041
679.2071
679.2081
679.209
679.21
679.3011
679.3041
679.3051
679.3061
679.3062
679.3063
679.3101
679.3121
679.3131
679.3141
679.3152
679.3161
679.3171
679.32
679.323
679.324
679.3251
679.327
679.328
679.329
679.33
679.331
679.332
679.341
679.4041
679.4061
679.4081
679.509
679.513
679.601
679.602
679.604
679.605
679.608
679.611
679.613
679.614
679.615
679.616
679.619
679.62
679.621
679.624
679.625
679.626
679.628
679.709
679.901
679.902
680.1021
680.1031
680.1071
680.201
680.202
680.203
680.205
680.208
680.307
680.601
685.101
727.109
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