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Glossary of Legislative Terms

CS/SB 1530: Financial Settlements

GENERAL BILL by Banking and Insurance ; Geller

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: 6/15/2001 - Approved by Governor; Chapter No. 2001-247; See also CS/CS/SB 108 (Ch. 2001-207)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    3/6/2001 Senate • Filed
    3/16/2001 Senate • Introduced, referred to Banking and Insurance; Governmental Oversight and Productivity -SJ 00157
    3/21/2001 Senate • On Committee agenda-- Banking and Insurance, 03/26/01, 3:00 pm, 110-S --Temporarily postponed
    3/28/2001 Senate • On Committee agenda-- Banking and Insurance, 04/02/01, 2:00 pm, 110-S --Not considered
    4/4/2001 Senate • On Committee agenda-- Banking and Insurance, 04/09/01, 12:00 Noon, 110-S
    4/9/2001 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 00328; CS read first time on 04/11/01 -SJ 00339
    4/11/2001 Senate • Now in Governmental Oversight and Productivity -SJ 00328
    4/19/2001 Senate • Withdrawn from Governmental Oversight and Productivity -SJ 00409; Placed on Calendar, on second reading
    5/1/2001 Senate • Placed on Special Order Calendar -SJ 00652; Read second time -SJ 00752; Amendment(s) adopted -SJ 00753; Ordered engrossed -SJ 00757
    5/2/2001 Senate • Read third time -SJ 00803; CS passed as amended; YEAS 38 NAYS 0 -SJ 00803
    5/2/2001 House • In Messages
    5/3/2001 House • Received -HJ 01905; Read second and third times -HJ 01905; CS passed; YEAS 119 NAYS 0 -HJ 01905
    5/3/2001 Senate • Ordered enrolled -SJ 01256
    5/31/2001 • Signed by Officers and presented to Governor
    6/15/2001 • Approved by Governor; Chapter No. 2001-247; See also CS/CS/SB 108 (Ch. 2001-207)

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  • CS/SB 1530, Enrolled (Current Bill Version) Posted 5/3/2001 at 11:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 108 (e1) Geller Identical 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)
    Location:
    H 767 (c1) Structured Settlements Ross Compare Last Action: 4/27/2001 H Placed on Special Order Calendar; Senate Bill substituted; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 108 (Ch. 2001-207); See also HB 579 (Ch. 2001-198), CS/SB 1530 (Ch. 2001-247) -HJ 01083
    Location:
    H 1507 Viatical Settlement Contracts Bennett Compare Last Action: 5/4/2001 H Died in Council on Council for Competitive Commerce, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 108 (Ch. 2001-207), CS/SB 1530 (Ch. 2001-247)
    Location:

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    626.9911 Definitions.
    626.9921 Filing of forms; required procedures; approval.
    626.99236 Further disclosures to viatical settlement purchasers.
    626.9924 Viatical settlement contracts; procedures; rescission.
    626.99245 Conflict of regulation of viaticals.

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  • CS/SB 1530, Engrossed 1 Posted 5/3/2001 at 4:46 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Floor Votes (1)

    Date Chamber Result
    5/3/2001 12:56 PM House 119 Yeas - 0 Nays

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    626.9911 Definitions.
    626.9921 Filing of forms; required procedures; approval.
    626.99236 Further disclosures to viatical settlement purchasers.
    626.9924 Viatical settlement contracts; procedures; rescission.
    626.99245 Conflict of regulation of viaticals.

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  • CS/SB 1530, Committee Substitute 1 Posted 4/12/2001 at 1:17 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 4/9/2001 (pdf)

    Floor Amendments (2)

    Amendment Sponsor Filed Last Floor Action Format
    431418 - Amendment
    		Geller 4/30/2001
    4:43 PM     		Web Page
    PDF
    150574 - Amendment
    		Geller 5/1/2001
    2:15 PM     		Web Page
    PDF

    Floor Votes (1)

    Date Chamber Result
    5/2/2001 10:31 AM Senate 38 Yeas - 0 Nays

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    626.9911 Definitions.
    626.9921 Filing of forms; required procedures; approval.
    626.99236 Further disclosures to viatical settlement purchasers.
    626.9924 Viatical settlement contracts; procedures; rescission.
    626.99245 Conflict of regulation of viaticals.

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  • SB 1530, Original Filed Version Posted 3/9/2001 at 1:35 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    626.9911 Definitions.
    626.9924 Viatical settlement contracts; procedures; rescission.
    626.99245 Conflict of regulation of viaticals.

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