WA People
BILL · 2023–24 SESSION · LATEST VERSION SSB 5077

SB 5077: Uniform commercial code

Concerning the uniform commercial code.

Summary

  • Amends general provisions and definitions that apply throughout the Uniform Commercial Code (UCC) to replace and update terms that apply only to transactions on paper.
  • Amends the UCC articles governing sales, leases, negotiable instruments, fund transfers, letters of credit, documents of title, investment securities, and secured transactions to address emerging technologies and to clarify the UCC's applicability to hybrid transactions.
  • Establishes a new article in the UCC governing controllable electronic records.

From the Substitute House Bill Report (SSB 5077), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 266, Laws of 2023
  1. IntroducedJan 9, 2023
  2. Out of committeeFeb 7, 2023
  3. Passed SenateFeb 22, 2023
  4. Passed HouseApr 6, 2023
  5. GovernorMay 4, 2023
  6. LawMay 4, 2023
Prime sponsor
Jamie Pedersen (D-43)
Introduced
January 9, 2023 in the Senate
Last action
May 4, 2023
Session law
Chapter 266, Laws of 2023
Requested by
Other
Versions
SB 5077, SSB 5077

AN ACT Relating to the uniform commercial code;

Sponsors

Prime sponsor: Jamie Pedersen (D-43)

1 co-sponsor (0 Democrats, 1 Republican)

Keith Wagoner R-39

Votes

Senate · 3rd Reading & Final Passage

Passed February 22, 2023
Version voted on: SSB 5077
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican20000
How each member voted

Yea (49)

Permalink to this vote

House · Final Passage as Amended by the House

Passed April 6, 2023
Version voted on: SSB 5077
70 Yea 28 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat58000
Republican122800
How each member voted

Yea (70)

Permalink to this vote

Senate · Final Passage as Amended by the House

Passed April 13, 2023
Version voted on: SSB 5077
46 Yea 1 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat28001
Republican18101
How each member voted

Nay (1)

Excused (2)

Permalink to this vote

History

  1. Effective date 1/1/2024. (SSB 5077)
  2. Chapter 266, 2023 Laws. (SSB 5077)
  3. Governor signed. (SSB 5077)
  4. Delivered to Governor. (SSB 5077)
  5. Speaker signed. (SSB 5077)
  6. President signed. (SSB 5077)
  7. Passed final passage; yeas, 46; nays, 1; absent, 0; excused, 2. (SSB 5077)
  8. Senate concurred in House amendments. (SSB 5077)
  9. Third reading, passed; yeas, 70; nays, 28; absent, 0; excused, 0. (SSB 5077)
  10. Rules suspended. Placed on Third Reading. (SSB 5077)
  11. Committee amendment(s) adopted with no other amendments. (SSB 5077)
  12. Placed on second reading by Rules Committee. (SSB 5077)
  13. Referred to Rules 2 Review. (SSB 5077)
  14. Minority; without recommendation. (SSB 5077)
  15. CRJ - Majority; do pass with amendment(s). (SSB 5077)
  16. CRJ - Executive action taken by committee. (SSB 5077)
  17. First reading, referred to Civil Rights & Judiciary. (SSB 5077)
  18. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0. (SSB 5077)
  19. Rules suspended. Placed on Third Reading. (SSB 5077)
  20. 1st substitute bill substituted. (SSB 5077)
  21. 1st substitute bill substituted.
  22. Placed on second reading consent calendar. (SSB 5077)
  23. Placed on second reading consent calendar.
  24. Passed to Rules Committee for second reading. (SSB 5077)
  25. Passed to Rules Committee for second reading.
  26. LAW - Majority; 1st substitute bill be substituted, do pass. (SSB 5077)
  27. LAW - Majority; 1st substitute bill be substituted, do pass.
  28. First reading, referred to Law & Justice.
  29. Prefiled for introduction.

SB 5077 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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