Tennessee House Bill 1342

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Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 6 2025 - 25% progression
Action: 2025-02-19 - Placed on s/c cal Banking & Consumer Affairs Subcommittee for 2/26/2025
Pending: House Banking & Consumer Affairs Subcommittee Committee
Hearing: Feb 26 @ 1:30 pm in House Hearing Room II
Text: Latest bill text (Draft #1) [PDF]

As introduced, specifies that a filing office in receipt of a petition for review filed by a secured party contesting a public official's affidavit that a financing statement was filed without legal cause submit the UCC financing statement that is the subject of the petition and the notarized affidavit of the public official to the administrative procedures division of the office of the secretary of state, in addition to the existing requirement that the petition itself be submitted; requires the prevailing party in the contested case hearing to provide the filing office with a copy of the administrative law judge's determination. - Amends TCA Title 47.

AN ACT to amend Tennessee Code Annotated, Title 47, relative to Uniform Commercial Code financing statement filings.

Rep. William Lamberth [R]

Rep. Mark Cochran [R]

Date	Chamber	Action
2025-02-19	House	Placed on s/c cal Banking & Consumer Affairs Subcommittee for 2/26/2025
2025-02-12	House	Assigned to s/c Banking & Consumer Affairs Subcommittee
2025-02-12	House	P2C, ref. to Commerce Committee - Judiciary Committee
2025-02-10	House	Intro., P1C.
2025-02-06	House	Filed for introduction

SB0544 (Crossfiled) 2025-02-18 - Placed on Senate Commerce and Labor Committee calendar for 2/25/2025

Type	Source
Summary	https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB1342&ga=114
Text	https://www.capitol.tn.gov/Bills/114/Bill/HB1342.pdf
Supplement	https://www.capitol.tn.gov/Bills/114/Fiscal/SB0544.pdf