KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to Tennessee

SB0864 • 2026

Uniform Commercial Code

AN ACT to amend Tennessee Code Annotated, Title 47, relative to the Uniform Commercial Code.

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Stevens, Bricken
Last action
2025-03-18
Official status
Assigned to General Subcommittee of Senate Commerce and Labor Committee
Effective date
Not listed

Plain English Breakdown

The official source material does not provide specific details on whether the bill requires annual reporting or updates a particular section of the code.

Changing Reporting Date for Uniform Commercial Code

This bill changes the date by which the secretary of state must report on how the filing office is working from February 1 to January 15.

What This Bill Does

  • Changes the reporting deadline for the secretary of state about the filing office's operations from February 1 to January 15.

Who It Names or Affects

  • The secretary of state who must now report by January 15 instead of February 1.
  • The governor and general assembly who receive the annual report.

Terms To Know

Uniform Commercial Code
A set of laws that help businesses in Tennessee follow rules for selling goods, lending money, and other business activities.
Filing office
An office where important documents are kept to make sure everyone can see them when needed.

Limits and Unknowns

  • The bill does not specify how the change will affect the work of the filing office.
  • It is unclear if this change will have any impact on businesses or individuals in Tennessee.

Bill History

  1. 2025-03-18 Tennessee General Assembly

    Assigned to General Subcommittee of Senate Commerce and Labor Committee

  2. 2025-03-13 Tennessee General Assembly

    Placed on Senate Commerce and Labor Committee calendar for 3/18/2025

  3. 2025-03-11 Tennessee General Assembly

    Placed on Senate Commerce and Labor Committee calendar for 3/18/2025

  4. 2025-03-10 Tennessee General Assembly

    Assigned to s/c Banking & Consumer Affairs Subcommittee

  5. 2025-03-10 Tennessee General Assembly

    Ref. to Commerce Committee

  6. 2025-02-12 Tennessee General Assembly

    Passed on Second Consideration, refer to Senate Commerce and Labor Committee

  7. 2025-02-10 Tennessee General Assembly

    Introduced, Passed on First Consideration

  8. 2025-02-05 Tennessee General Assembly

    Filed for introduction

  9. 2025-02-05 Tennessee General Assembly

    P2C, caption bill, held on desk - pending amdt.

  10. 2025-02-03 Tennessee General Assembly

    Intro., P1C.

  11. 2025-01-30 Tennessee General Assembly

    Filed for introduction

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

Read the full stored bill text 
HOUSE BILL 603
By Bricken

SENATE BILL 864
By Stevens

SB0864
002083
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 47,
relative to the Uniform Commercial Code.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 47-9-527, is amended by deleting
"February 1" and substituting "January 15".
SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.