TO: | Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB1592 by Fraser (Relating to assignment of security interests in certain collateral.), As Introduced |
The bill would clarify existing law regarding liens on utility security interests, manufactured housing, boats and outboard motors, and vehicles. The bill would be effective immediately if it receives a vote of two-thirds or on September 1, 2009.
Source Agencies: | 307 Secretary of State, 332 Department of Housing and Community Affairs, 601 Department of Transportation, 802 Parks and Wildlife Department
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LBB Staff: | JOB, JRO, BTA
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