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
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
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• Withdrawn from Governmental Oversight and Productivity -SJ 00409; Placed on Calendar, on second reading |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) |