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CS/CS/SB 108: Financial Settlements

GENERAL BILL by Judiciary ; Banking and Insurance ; Geller ; (CO-INTRODUCERS) Dawson

Financial Settlements; revises definitions; provides for approval of forms; provides for applicability; requires certain purchases to be handled by independent third-party trustee; provides requirements for direct or indirect transfer of structured-settlement-payment rights; requires that obligor make certain disclosures to claimant in negotiating settlement of claims, etc. Amends Ch. 626.

Effective Date: 10/01/2001
Last Action: 6/13/2001 - Approved by Governor; Chapter No. 2001-207; See also CS/SB 1530 (Ch. 2001-247), HB 579 (Ch. 2001-198)
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
1/2/2001 Senate • Prefiled
1/11/2001 Senate • Referred to Banking and Insurance; Judiciary
3/6/2001 Senate • Introduced, referred to Banking and Insurance; Judiciary -SJ 00015; On Committee agenda-- Banking and Insurance, 03/06/01, 2:30 pm, 309-C; CS by Banking and Insurance; YEAS 13 NAYS 0 -SJ 00132; CS read first time on 03/08/01 -SJ 00134
3/8/2001 Senate • Now in Judiciary -SJ 00132
3/15/2001 Senate • On Committee agenda-- Judiciary, 03/20/01, 2:00 pm, 412-K
3/20/2001 Senate • CS/CS by- Judiciary; YEAS 6 NAYS 0 -SJ 00201; CS read first time on 03/21/01 -SJ 00213
3/21/2001 Senate • Placed on Calendar, on second reading -SJ 00201
3/27/2001 Senate • Placed on Special Order Calendar -SJ 00228; Read second time -SJ 00239
3/29/2001 Senate • Read third time -SJ 00267; CS passed; YEAS 38 NAYS 0 -SJ 00267
4/3/2001 House • In Messages
4/12/2001 House • Received, placed on Calendar, on second reading -HJ 00509
4/27/2001 House • Substituted for CS/HB 767 -HJ 01083; Read second time -HJ 01083; Amendment(s) adopted -HJ 01083
5/2/2001 House • Read third time -HJ 01817; Amendment(s) reconsidered, adopted as amended -HJ 01817; CS passed as amended; YEAS 118 NAYS 0 -HJ 01817
5/3/2001 Senate • In returning messages
5/4/2001 Senate • Was taken up -SJ 01487; Concurred -SJ 01490; CS passed as amended; YEAS 39 NAYS 0 -SJ 01490; Ordered engrossed, then enrolled -SJ 01490
5/29/2001 • Signed by Officers and presented to Governor
6/13/2001 • Approved by Governor; Chapter No. 2001-207; See also CS/SB 1530 (Ch. 2001-247), HB 579 (Ch. 2001-198)