District of ColumbiaD.C. filing offices must accept approved written financing filings, with exceptions
D.C. filing offices that take written records must accept financing filings in an approved format unless another legal reason allows rejection.
What it does
D.C. filing offices that take written records must accept financing filings in an approved format. They may still reject filings for other reasons the law allows.
D.C.'s Chief Financial Officer may adopt a format for written financing filings and set fees for filing and indexing initial financing statements.
Argument forAn approved format could make it easier for people to prepare written financing filings that an office will accept, if no other rejection reason applies.
Argument againstPeople filing initial financing statements could pay more if the Chief Financial Officer sets higher filing fees.
More detail
D.C. filing offices must accept qualifying written financing filings. This applies to D.C. filing offices that accept written records for filings under these financing rules. The filing must use a format currently approved by the International Association of Commercial Administrators or adopted by the Chief Financial Officer through a rule. An office may still reject a filing for another reason the law allows. The act says this rule begins after mayoral approval and a 30-day congressional review period.
D.C.'s Chief Financial Officer may issue rules on filing formats and fees. Fee rules cover filing and indexing initial financing statements in D.C. A format must be adopted by rule to qualify under the Chief Financial Officer's option. The act says this authority begins after mayoral approval and a 30-day congressional review period.
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Feb 27Law L26-0085, Effective from Feb 03, 2026 Published in DC Register Vol 73 and Page 002675Latest
- 2025
- Dec 16Transmitted to CongressMinor
- Dec 5Act A26-0202 Published in DC Register Vol 72 and Page 013490
- Nov 25Returned from Mayor
- Nov 24Signed by the Mayor and Enacted with Act Number A26-0202Became Law
- Nov 17Transmitted to Mayor, Response Due on Dec 02, 2025To Governor
- Nov 4Final Reading, CCMinor
- Vote recorded Final Reading, CC. Result: pass.Legislature
- Oct 21First Reading, CCMinor
- Vote recorded First Reading, CC. Result: pass.Legislature
- Oct 15Committee Mark-up of B26-0035 by the Business and Economic Development Committee
- Mar 20Public Hearing on B26-0035
- Mar 7Notice of Public Hearing Published in the District of Columbia Register
- Feb 26Notice of Public Hearing filed in the Office of Secretary by Business and Economic DevelopmentMinor
- Jan 24Notice of Intent to Act on B26-0035 Published in the District of Columbia Register
- Jan 21Referred to Committee on Business and Economic DevelopmentMinor
- Jan 9B26-0035 Introduced by Chairman Mendelson at Office of the SecretaryIntroduced
Economy & JobsGovernment & Ethics