SB 3696

  • Illinois Senate Bill
  • 103rd Regular Session
  • Introduced in Senate Apr 11, 2024
  • Passed Senate Apr 11, 2024
  • Passed House May 23, 2024
  • Became Law Aug 09, 2024

Ucc-Control Electronic Records

Abstract

Amends the Uniform Commercial Code to adopt changes recommended by the Uniform Law Commission with respect to the addition of a Controllable Electronic Records Article and transitional provisions and the amendment of other provisions of the Code. Makes other changes. Effective January 1, 2025. Senate Floor Amendment No. 3 Deletes reference to: 205 ILCS 657/5 Adds reference to: 810 ILCS 5/3-312 from Ch. 26, par. 3-312 810 ILCS 5/9-201 from Ch. 26, par. 9-201 Removes amendatory changes to the Transmitters of Money Act. Provides that specified secured transactions are subject to the Predatory Loan Prevention Act, the Consumer Fraud and Deceptive Business Practices Act, any other statute or regulation that regulates the rates, charges, agreements, and practices for loans, credit sales, or other extensions of credit, and any other statute or regulation concerning consumer protection. Makes a conforming change. Restores provisions that provide that a beneficial interest in Illinois land trusts may be perfected by control of specified collateral. Corrects typographical errors.

Bill Sponsors (3)

Votes


Actions


Aug 09, 2024

Senate

Public Act . . . . . . . . . 103-1036

Senate

Effective Date January 1, 2025

Senate

Governor Approved

Jun 21, 2024

Senate

Sent to the Governor

May 23, 2024

House

Third Reading - Short Debate - Passed 110-000-000

Senate

Passed Both Houses

May 17, 2024

House

Third Reading/Final Action Deadline Extended-9(b) May 24, 2024

May 09, 2024

House

Added Alternate Co-Sponsor Rep. Anthony DeLuca

May 08, 2024

House

Second Reading - Short Debate

House

Placed on Calendar Order of 3rd Reading - Short Debate

May 01, 2024

House

Placed on Calendar 2nd Reading - Short Debate

Apr 30, 2024

House

Do Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000

Apr 24, 2024

House

Assigned to Financial Institutions and Licensing Committee

Apr 15, 2024

House

Referred to Rules Committee

House

First Reading

Apr 12, 2024

House

Alternate Chief Sponsor Changed to Rep. Daniel Didech

House

Chief House Sponsor Rep. Terra Costa Howard

Apr 11, 2024

Senate

Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)

Senate

Third Reading - Passed; 057-000-000

Senate

Senate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a)

House

Arrived in House

Apr 10, 2024

Senate

Senate Floor Amendment No. 3 Adopted

Senate

Placed on Calendar Order of 3rd Reading April 11, 2024

Senate

Second Reading

Senate

Senate Floor Amendment No. 3 Recommend Do Adopt Judiciary; 009-000-000

Apr 09, 2024

Senate

Senate Floor Amendment No. 2 Pursuant to Senate Rule 3-8 (b-1), the following amendments will remain in the Committee on Assignments

Senate

Senate Floor Amendment No. 3 Assignments Refers to Judiciary

Senate

Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-8 (b-1), the following amendments will remain in the Committee on Assignments

Apr 05, 2024

Senate

Senate Floor Amendment No. 3 Referred to Assignments

Senate

Senate Floor Amendment No. 3 Filed with Secretary by Sen. Michael W. Halpin

Senate

Senate Floor Amendment No. 2 Referred to Assignments

Senate

Senate Floor Amendment No. 2 Filed with Secretary by Sen. Michael W. Halpin

Mar 26, 2024

Senate

Senate Floor Amendment No. 1 Referred to Assignments

Senate

Senate Floor Amendment No. 1 Filed with Secretary by Sen. Michael W. Halpin

Mar 06, 2024

Senate

Do Pass Judiciary; 008-000-000

Senate

Placed on Calendar Order of 2nd Reading March 7, 2024

Feb 28, 2024

Senate

Assigned to Judiciary

Feb 09, 2024

Senate

Filed with Secretary by Sen. Michael W. Halpin

Senate

First Reading

Senate

Referred to Assignments

Bill Text

Bill Text Versions Format
Introduced HTML PDF
Engrossed HTML PDF
Enrolled HTML PDF
Senate Amendment 001 HTML PDF
Senate Amendment 002 HTML PDF
Senate Amendment 003 HTML PDF

Related Documents

Document Format
Public Act

Sources

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