GA HB1240 | 2023-2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 5-2)
Status: Passed on May 6 2024 - 100% progression
Action: 2024-05-06 - Effective Date 2024-07-01
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Slight Partisan Bill (Republican 5-2)
Status: Passed on May 6 2024 - 100% progression
Action: 2024-05-06 - Effective Date 2024-07-01
Text: Latest bill text (Enrolled) [PDF]
Summary
A BILL to be entitled an Act to amend Title 11 of the Official Code of Georgia Annotated, relating to the commercial code, so as to update and modernize various statutes in the commercial code relating to commercial transactions in order to maintain uniformity in this state's statutes governing commercial transactions as recommended by the National Conference of Commissioners on Uniform State Laws; to establish commercial law for transactions involving digital assets; to provide for a short title; to renumber Article 12 as Article 13; to add a new Article 12 to the commercial code pertaining to controllable electronic records; to add a new Article 12A pertaining to transitional provisions; to make conforming amendments; to provide for related matters; to repeal conflicting laws; and for other purposes.
Title
Uniform Commercial Code Modernization Act of 2024; enact
Sponsors
| Rep. Matt Reeves [R] | Rep. Stan Gunter [R] | Rep. Rob Leverett [R] | Rep. Mary Oliver [D] |
| Rep. Stacey Evans [D] | Rep. Tyler Smith [R] | Sen. John Kennedy [R] |
Roll Calls
2024-03-21 - Senate - Passage: Senate Vote #721 (Y: 52 N: 1 NV: 0 Abs: 3) [PASS]
2024-02-26 - House - Passage: House Vote #538 (Y: 163 N: 1 NV: 10 Abs: 4) [PASS]
2024-02-26 - House - Passage: House Vote #538 (Y: 163 N: 1 NV: 10 Abs: 4) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-05-06 | Effective Date 2024-07-01 | |
| 2024-05-06 | Act 600 | |
| 2024-05-06 | House | House Date Signed by Governor |
| 2024-04-02 | House | House Sent to Governor |
| 2024-03-21 | Senate | Senate Passed/Adopted |
| 2024-03-21 | Senate | Senate Third Read |
| 2024-03-11 | Senate | Senate Read Second Time |
| 2024-03-08 | Senate | Senate Committee Favorably Reported |
| 2024-02-27 | Senate | Senate Read and Referred |
| 2024-02-26 | House | House Passed/Adopted By Substitute |
| 2024-02-26 | House | House Third Readers |
| 2024-02-21 | House | House Committee Favorably Reported By Substitute |
| 2024-02-15 | House | House Second Readers |
| 2024-02-13 | House | House First Readers |
| 2024-02-12 | House | House Hopper |
