---
type: "Bill"
title: "Relating to choice of law and assignment or acquisition of claims and demands in connection with certificated and uncertificated securities."
description: "Relating to choice of law and assignment or acquisition of claims and demands in connection with certificated and uncertificated securities."
jurisdiction: "us/states/tx"
legislature: "Texas Legislature"
session: "89R"
identifier: "SB 1239"
citation: "Texas SB 1239 (89R)"
classification: ["bill"]
subjects: ["Business & Commerce--General (I0050)", "Civil Remedies & Liabilities (I0065)", "Financial--General (I0365)", "INTERNATIONAL RELATIONS (S0038)"]
status: "enacted"
primary_sponsors: ["Lambert", "Middleton"]
version_count: 5
action_count: 47
vote_count: 2
first_action: "2025-02-12"
last_action: "2025-05-30"
source: "openstates"
source_identifier: "ocd-bill/58f5a10d-c5ac-4e22-a69d-49c79549f852"
source_url: "ftp://ftp.legis.state.tx.us/bills/89R/billhistory/senate_bills/SB01200_SB01299/SB 1239.xml"
source_hash: "10b07b9ef816db961aae43a92eb7ad2848234231338eee59183fca254de05c91"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-tx"]
---

# Texas SB 1239 (89R) — Relating to choice of law and assignment or acquisition of claims and demands in connection with certificated and uncertificated securities.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01239I.HTM)
2. **Engrossed** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01239E.HTM)
3. **House Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01239H.HTM)
4. **Senate Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01239S.HTM)
5. **Enrolled** (enrolled) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01239F.HTM)

## Votes

- passage — **136–10** (pass) · lower
- passage — **136–8** (pass) · lower

## Sponsors

- Lambert — primary (person)
- Middleton — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2025-02-12** Received by the Secretary of the Senate `filing, introduction`
- **2025-02-12** Filed `filing`
- **2025-02-28** Read first time `introduction, reading-1`
- **2025-02-28** Referred to Business & Commerce `referral-committee`
- **2025-03-25** Scheduled for public hearing on . . .
- **2025-03-25** Considered in public hearing
- **2025-03-25** Testimony taken in committee
- **2025-03-25** Left pending in committee
- **2025-03-27** Considered in public hearing
- **2025-03-27** Vote taken in committee
- **2025-03-31** Reported favorably as substituted `committee-passage-favorable`
- **2025-03-31** Recommended for local & uncontested calendar
- **2025-03-31** Committee report printed and distributed
- **2025-04-10** Placed on local & uncontested calendar
- **2025-04-10** Laid before the Senate `receipt`
- **2025-04-10** Read 2nd time & passed to engrossment `reading-2`
- **2025-04-10** Vote recorded in Journal
- **2025-04-10** Three day rule suspended
- **2025-04-10** Record vote
- **2025-04-10** Read 3rd time `reading-3`
- **2025-04-10** Passed `passage`
- **2025-04-10** Record vote
- **2025-04-10** Reported engrossed
- **2025-04-14** Received from the Senate `introduction`
- **2025-04-17** Read first time `introduction, reading-1`
- **2025-04-17** Referred to Trade, Workforce & Economic Development `referral-committee`
- **2025-04-30** Considered in public hearing
- **2025-04-30** Reported favorably w/o amendment(s) `committee-passage, committee-passage-favorable`
- **2025-05-07** Comte report filed with Committee Coordinator `filing`
- **2025-05-07** Committee report distributed
- **2025-05-08** Committee report sent to Calendars
- **2025-05-15** Considered in Calendars
- **2025-05-19** Placed on General State Calendar
- **2025-05-19** Read 2nd time `reading-2`
- **2025-05-19** Passed to 3rd reading
- **2025-05-19** Record vote
- **2025-05-19** Statement(s) of vote recorded in Journal
- **2025-05-20** Read 3rd time `reading-3`
- **2025-05-20** Passed `passage`
- **2025-05-20** Record vote
- **2025-05-20** House passage reported `passage`
- **2025-05-20** Reported enrolled `enrolled`
- **2025-05-21** Signed in the Senate `passage`
- **2025-05-21** Signed in the House `passage`
- **2025-05-21** Sent to the Governor `executive-receipt`
- **2025-05-30** Signed by the Governor `executive-signature`
- **2025-05-30** Effective on 9/1/25 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/58f5a10d-c5ac-4e22-a69d-49c79549f852`. Confidence: reported (aggregated from official Texas legislature records).