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IntroducedApr 20, 2023
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Passed HouseMay 09, 2023
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Passed SenateJun 01, 2023
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Signed into LawJun 01, 2023
Relating to the Uniform Commercial Code; to add Article 12 to the Uniform Commercial Code to govern the property rights of certain intangible digital assets (controllable electronic records), including electronic rights to payment, to provide for a manner to establish the transfer and control of those assets, to provide a mechanism for evidencing certain rights of payment, and to adopt special rules with regard to the payment obligations and conditions of discharge of account debtors on controllable accounts and controllable payment intangibles; to amend Sections 7-1-201, 7-1-204, 7-1-301, 7-1-306, 7-2-102, 7-2-106, 7-2-201, 7-2-202, 7-2-203, 7-2-205, 7-2-209, 7-2A-102, 7-2A-103, 7-2A-107, 7-2A-201, 7-2A-202, 7-2A-203, 7-2A-205, 7-2A-208, 7-3-104, 7-3-105, 7-3-401, 7-3-604, 7-4A-103, 7-4A-201, 7-4A-202, 7-4A-203, 7-4A-207, 7-4A-208, 7-4A-210, 7-4A-211, 7-4A-305, 7-5-104, 7-5-116, 7-7-102, 7-7-106, 7-8-102, 7-8-103, 7-8-106, 7-8-110, 7-8-303, 7-9A-102, 7-9A-104, 7-9A-105, 7-9A-203, 7-9A-204, 7-9A-207, 7-9A-208, 7-9A-209, 7-9A-210, 7-9A-301, 7-9A-304, 7-9A-305, 7-9A-310, 7-9A-312, 7-9A-313, 7-9A-314, 7-9A-316, 7-9A-317, 7-9A-323, 7-9A-324, 7-9A-330, 7-9A-331, 7-9A-332, 7-9A-334, 7-9A-341, 7-9A-404, 7-9A-406, 7-9A-408, 7-9A-509, 7-9A-513, 7-9A-601, 7-9A-605, 7-9A-608, 7-9A-611, 7-9A-613, 7-9A-614, 7-9A-615, 7-9A-616, 7-9A-619, 7-9A-620, 7-9A-621, 7-9A-624, and 7-9A-628, Code of Alabama 1975, and to add Sections 7-9A-107A, 7-9A-107B, 7-9A-306A, 7-9A-306B, 7-9A-314A, and 7-9A-326A to the Code of Alabama 1975, to provide a substantial revision to the Uniform Commercial Code in conformity with a substantial portion of the Uniform Commercial Code Amendments (2022), to clarify the meaning of the term chattel paper and other definitions, to define and provide for hybrid transactions, and to provide extensive amendments to the Uniform Commercial Code providing for the perfection of security interests in controllable electronic records, documents of title, chattel paper, and ot
Official Summary/Bill Text
Comments on HB 348
Tweets
Whip Lists
Sponsors
Votes
YES: 101
- Cynthia Almond
- Alan Baker
- Russell Bedsole
- Chris Blackshear
- Ron Bolton
- Barbara Boyd
- Napoleon Bracy
- Chip Brown
- Mack Butler
- Jim Carns
- Chestnut
- Clarke
- Steve Clouse
- Terri Collins
- Brock Colvin
- Danny Crawford
- Daniels
- Barbara Drummond
- Susan DuBose
- Brett Easterbrook
- Corley Ellis
- Chris England
- Phillip Ensler
- Tracy Estes
- David Faulkner
- Bob Fincher
- Berry Forte
- Danny Garrett
- Mark Gidley
- Juandalynn Givan
- Donna Givens
- Jeremy Gray
- Matthew Hammett
- Corey Harbison
- Ben Harrison
- Hassell
- Hill
- Frances Holk-Jones
- Hollis
- Leigh Hulsey
- Steve Hurst
- Ingram
- Thomas Jackson
- Sam Jones
- Jamie Kiel
- Mike Kirkland
- Bill Lamb
- Kelvin Lawrence
- Nathaniel Ledbetter
- Paul W. Lee
- Craig Lipscomb
- James Lomax
- Joe Lovvorn
- Rhett Marques
- Artis 'A.J.' McCampbell
- McClammy
- Parker Moore
- Moore (M)
- Morris
- Ed Oliver
- Marcus Paramore
- Paschal
- Phillip Pettus
- Chris Pringle
- Neil Rafferty
- Rick Rehm
- Rex Reynolds
- Phillip Rigsby
- Ben Robbins
- Chad Robertson
- John W. Rogers
- Patrick Sellers
- Chris Sells
- Ginny Shaver
- Mike Shaw
- Randall Shedd
- Mark Shirey
- Matt Simpson
- Ivan Smith
- Jeff Sorrells
- Scott Stadthagen
- David Standridge
- Jerry Starnes
- Shane Stringer
- Troy Stubbs
- Ontario Tillman
- Curtis Travis
- Treadaway
- Kerry (Bubba) Underwood
- Tim Wadsworth
- Pebblin W. Warren
- Andy Whitt
- Ritchie Whorton
- Debbie Wood
- Randy Wood
- Matt Woods
- Ernie Yarbrough
NO: 0
ABSTAIN: 2
NOT VOTING: 2
YES: 100
- Cynthia Almond
- Alan Baker
- Russell Bedsole
- Chris Blackshear
- Ron Bolton
- Barbara Boyd
- Napoleon Bracy
- Chip Brown
- Mack Butler
- Jim Carns
- Chestnut
- Clarke
- Steve Clouse
- Terri Collins
- Brock Colvin
- Danny Crawford
- Daniels
- Barbara Drummond
- Susan DuBose
- Brett Easterbrook
- Corley Ellis
- Chris England
- Phillip Ensler
- Tracy Estes
- David Faulkner
- Bob Fincher
- Berry Forte
- Danny Garrett
- Mark Gidley
- Donna Givens
- Jeremy Gray
- Matthew Hammett
- Corey Harbison
- Ben Harrison
- Hassell
- Hill
- Frances Holk-Jones
- Hollis
- Leigh Hulsey
- Steve Hurst
- Ingram
- Thomas Jackson
- Sam Jones
- Jamie Kiel
- Mike Kirkland
- Bill Lamb
- Kelvin Lawrence
- Nathaniel Ledbetter
- Paul W. Lee
- Craig Lipscomb
- James Lomax
- Joe Lovvorn
- Rhett Marques
- Artis 'A.J.' McCampbell
- McClammy
- Parker Moore
- Moore (M)
- Morris
- Ed Oliver
- Marcus Paramore
- Paschal
- Phillip Pettus
- Chris Pringle
- Neil Rafferty
- Rick Rehm
- Rex Reynolds
- Phillip Rigsby
- Ben Robbins
- Chad Robertson
- John W. Rogers
- Patrick Sellers
- Chris Sells
- Ginny Shaver
- Mike Shaw
- Randall Shedd
- Mark Shirey
- Matt Simpson
- Ivan Smith
- Jeff Sorrells
- Scott Stadthagen
- David Standridge
- Jerry Starnes
- Shane Stringer
- Troy Stubbs
- Ontario Tillman
- Curtis Travis
- Treadaway
- Kerry (Bubba) Underwood
- Tim Wadsworth
- Pebblin W. Warren
- Andy Whitt
- Ritchie Whorton
- Debbie Wood
- Randy Wood
- Matt Woods
- Ernie Yarbrough
NO: 0
ABSTAIN: 3
NOT VOTING: 2
Actions
- Jun 01, 2023 | executive
- Enacted
- Jun 01, 2023 | House
- Enrolled
- Jun 01, 2023 | Senate
- On Third Reading in Second House
- Read a Third Time and Pass
- Ready to Enroll
- May 24, 2023 | Senate
- Reported Favorably (Judiciary)
- Reported Out of Committee in Second House
- Read Second Time in Second House
- May 11, 2023 | Senate
- Referred to Committee (Judiciary)
- May 11, 2023 | House
- Read First Time in Second House
- May 09, 2023 | House
- On Third Reading in House of Origin
- Adopt L9TGYA-1
- Read a Third Time and Pass as Amended
- May 09, 2023 | legislature
- BIR748 for HB348, Passed by House of Origin
- May 03, 2023 | House
- AMD/SUB L9TGYA-1 (Judiciary)
- Reported Favorably (Judiciary)
- Reported Out of Committee in House of Origin
- Read Second Time in House of Origin
- May 01, 2023 | House
- AMD/SUB WFS1E9-1 (Judiciary)
- Apr 20, 2023 | House
- Read First Time in House of Origin
- Introduced and Referred (Judiciary)