<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 3764   </title>
<shortdesc>UCC-SECURED TRANSACTIONS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Don Harmon</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Michael J. Zalewski)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/17/2012</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 97-1034</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>810 ILCS 5/7-101</reference><aliasreference>from Ch. 26, par. 7-101</aliasreference><SynopsisText>Amends the Uniform Commercial Code. Makes a technical change in a Section concerning the short title of the Documents of Title Article.</SynopsisText><synopsistitle>Senate Committee Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>810 ILCS 7-101</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>810 ILCS 5/2A-103</reference><aliasreference>from Ch. 26, par. 2A-103</aliasreference><reference>810 ILCS 5/9-102</reference><aliasreference>from Ch. 26, par. 9-102</aliasreference><reference>810 ILCS 5/9-105</reference><aliasreference>from Ch. 26, par. 9-105</aliasreference><reference>810 ILCS 5/9-307</reference><aliasreference>from Ch. 26, par. 9-307</aliasreference><reference>810 ILCS 5/9-311</reference><aliasreference>from Ch. 26, par. 9-311</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 5/9-326</reference><aliasreference></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 5/9-502</reference><aliasreference>from Ch. 26, par. 9-502</aliasreference><reference>810 ILCS 5/9-503</reference><aliasreference>from Ch. 26, par. 9-503</aliasreference><reference>810 ILCS 5/9-507</reference><aliasreference>from Ch. 26, par. 9-507</aliasreference><reference>810 ILCS 5/9-515</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-516</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-518</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-521</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-607</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-625</reference><aliasreference></aliasreference><reference>810 ILCS 5/Art. 9 Pt. 8 heading new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-801 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-802 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-803 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-804 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-805 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-806 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-807 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-808 new</reference><aliasreference></aliasreference><reference>810 ILCS 5/9-809 new</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Uniform Commercial Code to adopt changes recommended by the National Conference of Commissioners on Uniform State Laws with respect to the secured transactions Article of the Code. Establishes a transition schedule. Effective July 1, 2013.</SynopsisText><synopsistitle>Senate Floor Amendment No. 2</synopsistitle>
<SynopsisText>Makes changes with respect to the priority of security interests created by a new debtor. Provides that the priority among conflicting security interests in the same collateral is determined under provisions of Part 3 of Article 9 of the Uniform Commercial Code. Makes a technical correction. Adds captions to certain subsections.</SynopsisText></synopsis>
<actions>
<statusdate>2/10/2012</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Don Harmon</action>
<statusdate>2/10/2012</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/10/2012</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/17/2012</statusdate><chamber>Senate</chamber><action>Assigned to Judiciary</action>
<statusdate>2/28/2012</statusdate><chamber>Senate</chamber><action>Postponed - Judiciary</action>
<statusdate>3/2/2012</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon</action>
<statusdate>3/2/2012</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>3/6/2012</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Judiciary</action>
<statusdate>3/6/2012</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Adopted</action>
<statusdate>3/7/2012</statusdate><chamber>Senate</chamber><action>Do Pass as Amended Judiciary;  010-000-000</action>
<statusdate>3/7/2012</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 8, 2012</action>
<statusdate>3/8/2012</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/8/2012</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 21, 2012</action>
<statusdate>3/26/2012</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Filed with Secretary by Sen. Don Harmon</action>
<statusdate>3/26/2012</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Referred to Assignments</action>
<statusdate>3/26/2012</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Assignments Refers to Judiciary</action>
<statusdate>3/27/2012</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Recommend Do Adopt Judiciary;  010-000-000</action>
<statusdate>3/29/2012</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>3/29/2012</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Adopted; Harmon</action>
<statusdate>3/29/2012</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading</action>
<statusdate>3/29/2012</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 055-000-000</action>
<statusdate>3/29/2012</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/18/2012</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Michael J. Zalewski</action>
<statusdate>4/18/2012</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>4/18/2012</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/18/2012</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>5/11/2012</statusdate><chamber>House</chamber><action>Committee Deadline Extended-Rule 9(b) May 18, 2012</action>
<statusdate>5/11/2012</statusdate><chamber>House</chamber><action>Assigned to Judiciary I - Civil Law Committee</action>
<statusdate>5/17/2012</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Judiciary I - Civil Law Committee;  011-000-000</action>
<statusdate>5/17/2012</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/21/2012</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/21/2012</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/25/2012</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 31, 2012</action>
<statusdate>5/26/2012</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 109-000-000</action>
<statusdate>5/26/2012</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>6/22/2012</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/17/2012</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>8/17/2012</statusdate><chamber>Senate</chamber><action>Effective Date July 1, 2013</action>
<statusdate>8/17/2012</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 97-1034</action>
</actions>
</xml>

