CS/SB 458: Transfers of Structured Settlement Payment Rights
GENERAL BILL by Banking and Insurance ; Richter
Transfers of Structured Settlement Payment Rights; Revising specified disclosures and notices that are or may be required to be given in order to effect transfers of structured settlement payment rights and payments under such rights; requiring the court to hold a hearing on the application; providing that following issuance of a court order approving the transfer, the structured settlement obligor and annuity issuer may rely on the order in redirecting certain payments and are released and discharged from certain liability, etc.
Last Action: 3/10/2016 - Chapter No. 2016-45
Location: Became Law
Bill Text: Web Page | PDF
- Judiciary (JU)
- Banking and Insurance (BI)
- Rules (RC)
• Referred to Judiciary; Banking and Insurance; Rules -SJ 35
• On Committee agenda-- Judiciary, 11/17/15, 3:30 pm, 110 Senate Office Building
• Favorable by Judiciary; YEAS 10 NAYS 0 -SJ 125
• Now in Banking and Insurance -SJ 125
• On Committee agenda-- Banking and Insurance, 12/01/15, 1:00 pm, 110 Senate Office Building
• CS by Banking and Insurance; YEAS 11 NAYS 0 -SJ 128
• Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Rules -SJ 128
• On Committee agenda-- Rules, 01/14/16, 10:00 am, 110 Senate Office Building
• Introduced -SJ 35
• CS by Banking and Insurance read 1st time -SJ 114
• Favorable by- Rules; YEAS 11 NAYS 0 -SJ 221
• Placed on Calendar, on 2nd reading -SJ 221
• Placed on Special Order Calendar, 01/21/16
• Read 2nd time -SJ 236
• Amendment(s) adopted (514830) -SJ 236
• Ordered engrossed -SJ 236
• Placed on 3rd reading
• Read 3rd time -SJ 267
• CS passed as amended; YEAS 37 NAYS 0 -SJ 268
• In Messages
• Referred to Calendar -HJ 502
• Received -HJ 502
• Placed on Special Order Calendar, 02/23/16
• Substituted for CS/CS/HB 379 -HJ 541
• Read 2nd time -HJ 541
• Placed on 3rd reading
• Read 3rd time -HJ 573
• CS passed; YEAS 116 NAYS 0 -HJ 573
• Ordered enrolled -SJ 521
• Signed by Officers and presented to Governor -SJ 652
• Approved by Governor -SJ 992
• Chapter No. 2016-45
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