Tennessee Senate Bill 544

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 30 2025 - 25% progression
Action: 2025-02-18 - Placed on Senate Commerce and Labor Committee calendar for 2/25/2025
Pending: Senate Commerce and Labor Committee
Hearing: Feb 25 @ 1:00 pm in Cordell Hull Building
Text: Latest bill text (Draft #2) [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.

Sen. John Stevens [R]

Date	Chamber	Action
2025-02-18	Senate	Placed on Senate Commerce and Labor Committee calendar for 2/25/2025
2025-02-12	Senate	Passed on Second Consideration, refer to Senate Commerce and Labor Committee
2025-02-10	Senate	Introduced, Passed on First Consideration
2025-01-30	Senate	Filed for introduction

HB1342 (Crossfiled) 2025-02-19 - Placed on s/c cal Banking & Consumer Affairs Subcommittee for 2/26/2025

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