TN SB0796 | 2021-2022 | 112th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 9 2021 - 25% progression, died in chamber
Action: 2021-03-23 - Assigned to General Subcommittee of Senate F,W&M Revenue Subcommittee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on February 9 2021 - 25% progression, died in chamber
Action: 2021-03-23 - Assigned to General Subcommittee of Senate F,W&M Revenue Subcommittee
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, requires that instruments assigning an indebtedness to a new lienholder be offered for recording within 60 days from the effective date of the instrument; imposes penalty of $250 if the instrument is offered for recording after the 60-day period. - Amends TCA Title 67, Chapter 4, Part 4.
Title
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 4, relative to assignments of instruments evidencing an indebtedness.
Sponsors
| Sen. Paul Rose [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-03-23 | Senate | Assigned to General Subcommittee of Senate F,W&M Revenue Subcommittee |
| 2021-02-23 | Senate | Refer to Senate Finance, Ways & Means Revenue Subcommittee |
| 2021-02-11 | Senate | Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee |
| 2021-02-10 | Senate | Introduced, Passed on First Consideration |
| 2021-02-09 | Senate | Filed for introduction |
Same As/Similar To
HB0730 (Crossfiled) 2021-02-20 - Assigned to s/c Finance, Ways, and Means Subcommittee
