TBA Law Blog

Posted by: Barry Kolar on Mar 7, 2012

With some House subcommittees announcing they will be shutting down in the next couple of weeks, the General Assembly seems to be preparing to take more definitive action on pending legislation. The TBA-prepared bill to update Article 9 of the Uniform Commercial Code – making changes that track the 2010 Uniform Law Commission recommendations dealing with secured transactions -- was recommended for passage by the Senate Commerce Committee, and the House Commerce Committee’s General Subcommittee this week. The bill, SB 2931 by Sen. Doug Overbey (R-Maryville ), HB 3150 by Rep. Jon Lundberg (R- Kingsport), would be effective July 1, 2013, allowing the Secretary of State to prepare for the changes. The effective date would also coincide with that in the many other states adopting the changes.

Discussions also continued with state officials regarding SB 2200/HB 2338, which would alter the law regarding termination of parental rights, and more than a dozen proposals to affect tort law are set for committee and subcommittee calendars next week. The TBA is active in trying to defeat or limit the harmful impact of many of these proposals.