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.
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4/19/2001 Senate • Withdrawn from Governmental Oversight and Productivity -SJ 00409; Placed on Calendar, on second reading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. -
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. -
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 PMWeb Page
PDF150574 - Amendment
Geller 5/1/2001
2:15 PMWeb Page
PDFFloor 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. -
SB 1530, Original Filed Version Posted 3/9/2001 at 1:35 AM