Did not become law. It stopped in the House of Representatives's Banking Committee on February 20, 2025. The 2025 session has ended.
2025 Regular Session
House Bill 5849
AN ACT CONCERNING THE PRIORITY OF CLAIMS TO FINANCIAL ASSETS OF SECURITIES INTERMEDIARIES.
What it does
The synopsis the General Assembly published with the bill.
To eliminate a statutory provision setting forth that a claim of a creditor of a securities intermediary who has a security interest in a financial asset held by a securities intermediary has priority over claims of the securities intermediary's entitlement holders who have security entitlements with respect to that financial asset if the creditor has control over the financial asset.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
Its course
January 22 to February 20, 2025, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action5 actions on 5 days
In the House of RepresentativesJan 22 to Feb 20 · stopped29 days
Banking CommitteeJan 22 to Feb 20 · stopped29 days
Text
Each version as the General Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the General Assembly published it is below.
In the House of Representatives Jan 22 – Feb 20
- Jan 22Introduced and sent to Banking Committee
- Feb 18Drafted as a bill by Banking Committee
- Feb 19Sent to Banking Committee
- Feb 20Heard in Banking Committee
All 5 actions, as published
- Jan 22REF. TO JOINT COMM. ONBoth houses
- Feb 4Vote to DraftBoth houses
- Feb 18DRAFTED BY COMMITTEEBoth houses
- Feb 19REF. TO JOINT COMM. ONBoth houses
- Feb 20PUBLIC HEARINGBoth houses