SB15Introduced in the Senate
Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors
Introduced by Sam Givhan, District 7
What does this bill do?
Plain-English breakdown
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Official description
Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors
Where it stands
Enacted
April 17, 2026
How did lawmakers vote?
House votes
3 recorded votes · each counted separately
Senate votes
4 recorded votes · each counted separately
HouseStage: Motion to Read a Third Time and Pass - Roll Call 1237 · April 7, 2026
101
Yes
0
No
4
Absent or Not Voting
105 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| Phillip Pettus | 1 | Yes |
| Ben Harrison | 2 | Yes |
| Kerry Underwood | 3 | Yes |
| Parker Moore | 4 | Yes |
| Danny Crawford | 5 | Yes |
| Andy Whitt | 6 | Yes |
| Ernie Yarbrough | 7 | Yes |
| Terri Collins | 8 | Yes |
| Scott Stadthagen | 9 | Yes |
| Marilyn Lands | 10 | Yes |
Bill history
Prefiled
Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development
Pending Senate Fiscal Responsibility and Economic Development
Fiscal Responsibility and Economic Development 1st Amendment DGVMJTT-1
Reported Out of Committee House of Origin
Read for the Second Time and placed on the Calendar
Third Reading in House of Origin
Fiscal Responsibility and Economic Development 1st Amendment Offered DGVMJTT-1
Givhan motion to Adopt - Adopted Roll Call 331 DGVMJTT-1
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 332
Engrossed
Read for the first time and referred to the House Committee on Financial Services
Pending House Financial Services
Reported Out of Committee Second House
Read for the Second Time and placed on the Calendar
Third Reading in Second House
Motion to Read a Third Time and Pass - Adopted Roll Call 1237
Ready to Enroll
Enrolled
Delivered to Governor
Signature Requested
Enacted
Enacted
Verify the information
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