<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5303         </title>
<shortdesc>UCC-CONTROL ELECTRONIC RECORDS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Daniel Didech</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 657/5</reference><aliasreference></aliasreference><reference>810 ILCS 5/1-201</reference><aliasreference>from Ch. 26, par. 1-201</aliasreference><reference>810 ILCS 5/1-204</reference><aliasreference>from Ch. 26, par. 1-204</aliasreference><reference>810 ILCS 5/1-301</reference><aliasreference></aliasreference><reference>810 ILCS 5/1-306</reference><aliasreference></aliasreference><reference>810 ILCS 5/2-102</reference><aliasreference>from Ch. 26, par. 2-102</aliasreference><reference>810 ILCS 5/2-106</reference><aliasreference>from Ch. 26, par. 2-106</aliasreference><reference>810 ILCS 5/2-201</reference><aliasreference>from Ch. 26, par. 2-201</aliasreference><reference>810 ILCS 5/2-202</reference><aliasreference>from Ch. 26, par. 2-202</aliasreference><reference>810 ILCS 5/2-203</reference><aliasreference>from Ch. 26, par. 2-203</aliasreference><reference>810 ILCS 5/2-205</reference><aliasreference>from Ch. 26, par. 2-205</aliasreference><reference>810 ILCS 5/2-209</reference><aliasreference>from Ch. 26, par. 2-209</aliasreference><reference>810 ILCS 5/2A-102</reference><aliasreference>from Ch. 26, par. 2A-102</aliasreference><reference>810 ILCS 5/2A-103</reference><aliasreference>from Ch. 26, par. 2A-103</aliasreference><reference>810 ILCS 5/2A-107</reference><aliasreference>from Ch. 26, par. 2A-107</aliasreference><reference>810 ILCS 5/2A-201</reference><aliasreference>from Ch. 26, par. 2A-201</aliasreference><reference>810 ILCS 5/2A-202</reference><aliasreference>from Ch. 26, par. 2A-202</aliasreference><reference>810 ILCS 5/2A-203</reference><aliasreference>from Ch. 26, par. 2A-203</aliasreference><reference>810 ILCS 5/2A-205</reference><aliasreference>from Ch. 26, par. 2A-205</aliasreference><reference>810 ILCS 5/2A-208</reference><aliasreference>from Ch. 26, par. 2A-208</aliasreference><reference>810 ILCS 5/3-104</reference><aliasreference>from Ch. 26, par. 3-104</aliasreference><reference>810 ILCS 5/3-105</reference><aliasreference>from Ch. 26, par. 3-105</aliasreference><reference>810 ILCS 5/3-401</reference><aliasreference>from Ch. 26, par. 3-401</aliasreference><reference>810 ILCS 5/3-604</reference><aliasreference>from Ch. 26, par. 3-604</aliasreference><reference>810 ILCS 5/4A-103</reference><aliasreference>from Ch. 26, par. 4A-103</aliasreference><reference>810 ILCS 5/4A-201</reference><aliasreference>from Ch. 26, par. 4A-201</aliasreference><reference>810 ILCS 5/4A-202</reference><aliasreference>from Ch. 26, par. 4A-202</aliasreference><reference>810 ILCS 5/4A-203</reference><aliasreference>from Ch. 26, par. 4A-203</aliasreference><reference>810 ILCS 5/4A-207</reference><aliasreference>from Ch. 26, par. 4A-207</aliasreference><reference>810 ILCS 5/4A-208</reference><aliasreference>from Ch. 26, par. 4A-208</aliasreference><reference>810 ILCS 5/4A-210</reference><aliasreference>from Ch. 26, par. 4A-210</aliasreference><reference>810 ILCS 5/4A-211</reference><aliasreference>from Ch. 26, par. 4A-211</aliasreference><reference>810 ILCS 5/4A-305</reference><aliasreference>from Ch. 26, par. 4A-305</aliasreference><reference>810 ILCS 5/5-104</reference><aliasreference>from Ch. 26, par. 5-104</aliasreference><reference>810 ILCS 5/5-116</reference><aliasreference>from Ch. 26, par. 5-116</aliasreference><reference>810 ILCS 5/7-102</reference><aliasreference>from Ch. 26, par. 7-102</aliasreference><reference>810 ILCS 5/7-106</reference><aliasreference></aliasreference><reference>810 ILCS 5/8-102</reference><aliasreference>from Ch. 26, par. 8-102</aliasreference><reference>810 ILCS 5/8-103</reference><aliasreference>from Ch. 26, par. 8-103</aliasreference><reference>810 ILCS 5/8-106</reference><aliasreference>from Ch. 26, par. 8-106</aliasreference><reference>810 ILCS 5/8-110</reference><aliasreference></aliasreference><reference>810 ILCS 5/8-303</reference><aliasreference>from Ch. 26, par. 8-303</aliasreference><reference>810 ILCS 5/9-102</reference><aliasreference>from Ch. 26, par. 9-102</aliasreference><reference>810 ILCS 5/9-104</reference><aliasreference>from Ch. 26, par. 9-104</aliasreference><reference>810 ILCS 5/9-105</reference><aliasreference>from Ch. 26, par. 9-105</aliasreference><reference>810 ILCS 5/9-105A new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-107A new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-107B new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-203</reference><aliasreference>from Ch. 26, par. 9-203</aliasreference><reference>810 ILCS 5/9-204</reference><aliasreference>from Ch. 26, par. 9-204</aliasreference><reference>810 ILCS 5/9-207</reference><aliasreference>from Ch. 26, par. 9-207</aliasreference><reference>810 ILCS 5/9-208</reference><aliasreference>from Ch. 26, par. 9-208</aliasreference><reference>810 ILCS 5/9-209</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-210</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-301</reference><aliasreference>from Ch. 26, par. 9-301</aliasreference><reference>810 ILCS 5/9-304</reference><aliasreference>from Ch. 26, par. 9-304</aliasreference><reference>810 ILCS 5/9-305</reference><aliasreference>from Ch. 26, par. 9-305</aliasreference><reference>810 ILCS 5/9-306A new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-306B new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-310</reference><aliasreference>from Ch. 26, par. 9-310</aliasreference><reference>810 ILCS 5/9-312</reference><aliasreference>from Ch. 26, par. 9-312</aliasreference><reference>810 ILCS 5/9-313</reference><aliasreference>from Ch. 26, par. 9-313</aliasreference><reference>810 ILCS 5/9-314</reference><aliasreference>from Ch. 26, par. 9-314</aliasreference><reference>810 ILCS 5/9-314A new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-316</reference><aliasreference>from Ch. 26, par. 9-316</aliasreference><reference>810 ILCS 5/9-317</reference><aliasreference>from Ch. 26, par. 9-317</aliasreference><reference>810 ILCS 5/9-323</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-324</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-326A new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-330</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-331</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-332</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-334</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-341</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-404</reference><aliasreference>from Ch. 26, par. 9-404</aliasreference><reference>810 ILCS 5/9-406</reference><aliasreference>from Ch. 26, par. 9-406</aliasreference><reference>810 ILCS 5/9-408</reference><aliasreference>from Ch. 26, par. 9-408</aliasreference><reference>810 ILCS 5/9-509</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-513</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-601</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-605</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-608</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-611</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-613</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-614</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-615</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-616</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-619</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-620</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-621</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-624</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-628</reference><aliasreference></aliasreference><reference>810 ILCS 5/Art. 11A heading</reference><aliasreference></aliasreference><reference>810 ILCS 5/11A-101</reference><aliasreference></aliasreference><reference>810 ILCS 5/11A-102</reference><aliasreference></aliasreference><reference>810 ILCS 5/Art. 12 heading new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12-101 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12-102 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12-103 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12-104 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12-105 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12-106 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12-107 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/Art. 12A heading new</reference><aliasreference></aliasreference><reference>810 ILCS 5/Art. 12A Pt. 1 heading new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12A-101 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12A-102 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/Art. 12A Pt. 2 heading new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12A-201 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/Art. 12A Pt. 3 heading new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12A-301 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12A-302 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12A-303 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12A-304 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12A-305 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/12A-306 new</reference><aliasreference></aliasreference><SynopsisText>     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.</SynopsisText><synopsistitle>House Floor Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>205 ILCS 657/5</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>810 ILCS 5/3-312</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-201</reference><aliasreference></aliasreference><SynopsisText>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.</SynopsisText></synopsis>
<actions>
<statusdate>2/8/2024</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Daniel Didech</action>
<statusdate>2/9/2024</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/9/2024</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/28/2024</statusdate><chamber>House</chamber><action>Assigned to Financial Institutions and Licensing Committee</action>
<statusdate>3/5/2024</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Financial Institutions and Licensing Committee;  012-000-000</action>
<statusdate>3/6/2024</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>3/26/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Filed with Clerk by Rep. Daniel Didech</action>
<statusdate>3/26/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Referred to Rules Committee</action>
<statusdate>4/2/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee</action>
<statusdate>4/2/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee;  012-000-000</action>
<statusdate>4/11/2024</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>4/11/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Adopted</action>
<statusdate>4/11/2024</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>4/19/2024</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

