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CS/HB 767: Structured Settlements

GENERAL BILL by Insurance ; Brown ; Ross

Structured Settlements; provides requirements for direct or indirect transfer of structured settlement payment rights; requires court approval of any such transfer; authorizes interested party to file objection to proposed transfer; requires that obligor make certain disclosures to claimant in negotiating settlement of claims; requires transferee to provide certain notice re proposed transfer of structured settlement payment rights, etc.

Effective Date: 10/01/2001
Last Action: 4/27/2001 House - 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
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
2/27/2001 House • Prefiled
3/6/2001 House • Introduced -HJ 00062
3/7/2001 House • Referred to Judicial Oversight (SGC); Insurance (CCC); Council for Smarter Government -HJ 00191
3/16/2001 House • On Committee agenda-- Judicial Oversight (SGC), 03/20/01, 4:30 pm, Reed Hall
3/20/2001 House • Favorable with 1 amendment(s) by Judicial Oversight (SGC); YEAS 10 NAYS 0 -HJ 00344
3/22/2001 House • Now in Insurance (CCC) -HJ 00344; On Committee agenda-- Insurance (CCC), 03/26/01, 5:00 pm, Reed Hall
3/26/2001 House • CS by Insurance (CCC); YEAS 14 NAYS 0 -HJ 00414
3/27/2001 House • On Council agenda-- Council for Smarter Government, 03/29/01, 3:30 pm, Morris Hall --Not received
3/30/2001 House • CS read first time on 03/30/01 -HJ 00405; Pending review of CS under Rule 6 -HJ 00414; Now in Council for Smarter Government -HJ 00414
4/2/2001 House • On Council agenda-- Council for Smarter Government, 04/04/01, 4:15 pm, Morris Hall
4/4/2001 House • Favorable with 1 amendment(s) by- Council for Smarter Government; YEAS 12 NAYS 0 -HJ 00504
4/10/2001 House • Placed on Calendar, on second reading -HJ 00504
4/16/2001 House • Placed on Special Order Calendar; Retained on Calendar
4/25/2001 House • Placed on Special Order Calendar; Retained on Calendar
4/26/2001 House • Placed on Special Order Calendar; Retained on Calendar
4/27/2001 House • 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