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Bills · 2009-2010 Regular Session

AB 202

Became law Official bill text Atom feed

bulk transfers of inventory.

  1. Introduced, completed
  2. Passes Assembly, completed
  3. Passes Senate, completed
  4. Governor signs, completed
  5. Law, completed

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

Under current law, the bulk transfer provisions of the Uniform Commercial

Code (UCC) generally require a business enterprise to give creditors notice before

any transfer of a major part of the value of the business's inventory or a substantial

part of the equipment of the business, if the equipment is included with a bulk

transfer of inventory. These provisions apply to all business enterprises whose

principal business is the sale of merchandise from stock, including retailers of

alcohol beverages. This bill repeals the bulk transfer provisions of the UCC.

The National Conference of Commissioners on Uniform State Laws and the

American Law Institute recommended repeal of the UCC bulk transfers law in 1989

and promulgated the official text. The American Bar Association approved the text

in 1990.

Sponsors

Introduced by: A. Williams (D) , Colon (D) , Cullen (D) , Molepske Jr. (D)

2 cosponsors

Risser (D) , Taylor (D)

Votes

Assembly: Report passage recommended by committee on Jobs, the Economy and Small Business, Ayes 13, Noes 0

Passed 13–0 Jun 16, 2009 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Senate: Report concurrence recommended by committee on Veterans and Military Affairs, Biotechnology, and Financial Institutions, Ayes 5, Noes 0

Passed 5–0 Nov 12, 2009 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Full history

  1. Apr 9, 2009 · Assembly

    Introduced by Representatives Cullen, Colon, Molepske Jr. and A. Williams;Cosponsored by Senators Risser and Taylor

  2. Apr 9, 2009 · Assembly

    Read first time and referred to committee on Jobs, the Economy and Small Business

  3. May 12, 2009 · Assembly

    Public hearing held

  4. May 26, 2009 · Assembly

    Executive action taken

  5. Jun 16, 2009 · Assembly

    Report passage recommended by committee on Jobs, the Economy and Small Business, Ayes 13, Noes 0

  6. Jun 16, 2009 · Assembly

    Referred to committee on Rules

  7. Jun 18, 2009 · Assembly

    Placed on calendar 6-23-2009 by committee on Rules

  8. Jun 23, 2009 · Assembly

    Read a third time and passed

  9. Jun 23, 2009 · Assembly

    Ordered immediately messaged

  10. Jun 23, 2009 · Senate

    Received from Assembly

  11. Jun 23, 2009 · Assembly

    Read a second time

  12. Jun 23, 2009 · Assembly

    Ordered to a third reading

  13. Jun 23, 2009 · Assembly

    Rules suspended

  14. Jun 25, 2009 · Senate

    Read first time and referred to committee on Veterans and Military Affairs, Biotechnology, and Financial Institutions

  15. Aug 26, 2009 · Senate

    Public hearing held

  16. Nov 4, 2009 · Senate

    Executive action taken

  17. Nov 12, 2009 · Senate

    Report concurrence recommended by committee on Veterans and Military Affairs, Biotechnology, and Financial Institutions, Ayes 5, Noes 0

  18. Nov 12, 2009 · Senate

    Available for scheduling

  19. Jan 14, 2010 · Senate

    Placed on calendar 1-19-2010 by committee on Senate Organization

  20. Jan 19, 2010 · Senate

    Read a second time

  21. Jan 19, 2010 · Senate

    Ordered to a third reading

  22. Jan 19, 2010 · Senate

    Rules suspended

  23. Jan 19, 2010 · Senate

    Read a third time and concurred in

  24. Jan 19, 2010 · Senate

    Ordered immediately messaged

  25. Jan 19, 2010 · Assembly

    Received from Senate concurred in

  26. Jan 28, 2010 · Assembly

    Report correctly enrolled

  27. Feb 3, 2010 · Assembly

    Presented to the Governor on 2-2-2010

  28. Feb 5, 2010 · Assembly

    Report approved by the Governor on 2-4-2010. 2009 Wisconsin Act 110

  29. Feb 9, 2010 · Assembly

    Published 2-18-2010.