2026 Regular Session
HB3549
Uniform Commercial Code; Article 8; priority among security interests and entitlement holders; effective date.
Legislative progress
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This summary includes only completed milestones supported by recorded actions. It does not predict the next step, and it preserves later committee reassignments, concurrence, conference, veto, and approval actions when they occur.
Partner positions
Likes
No public reasoning provided.
If a securities intermediary does not have sufficient interests in a particular financial asset to satisfy both its obligations to entitlement holders who have security entitlements to that financial asset and its obligation to a creditor of the securities intermediary who has a security interest in that financial asset, the claims of entitlement holders, other than the creditor, have priority over the claim of the creditor. (This means if a bank fails, YOU get your assets FIRST-- NOT the bank like your 401K, IRA, stocks, unpaid mortgage balance and equity, etc.).
No public reasoning provided.
Recorded floor votes
1 roll call are available for this bill. This record includes procedural and intermediate action as well as substantive final votes.
February 19, 2026 · House
House: Civil Judiciary Committee: DO PASS
Passed
6 yea–1 nay
Committee referrals
February 3, 2026 · House
Judiciary and Public Safety Oversight
February 3, 2026 · House
Civil Judiciary
Instrument history
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This is the complete recorded action history in the current source package. Highlighted entries are marked as significant by the source. A roll-call link appears only when a vote-like action has one unambiguous same-day chamber vote.
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House Coauthored by Representative(s) CrosswhiteHader
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House Policy recommendation to the Judiciary and Public Safety Oversight committee; Do Pass Civil Judiciary View roll call
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House Referred to Civil Judiciary
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House Second Reading referred to Judiciary and Public Safety Oversight
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House Authored by Representative Maynard
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House First Reading