FL H0379 | 2016 | Regular Session

Status

Spectrum: Slight Partisan Bill (? 2-1)
Status: Introduced on October 16 2015 - 25% progression, died in chamber
Action: 2016-02-23 - Laid on Table, companion bill(s) passed, see CS/SB 458 (Ch. 2016-45)
Text: Latest bill text (Comm Sub) [PDF]

Summary

Revises specified disclosures & notices that are or may be required to be given in order to effect transfers of structured settlement payment rights & payments under such rights; revises time limit by which written response to application for transferring such rights must be filed; provides requirements for filing & contents of application; requires court to hold hearing on application; requires payee to appear in person unless court determines that good cause exists to excuse payee; provides that transferee is solely responsible for compliance with certain requirements; provides that following issuance of court order approving transfer, structured settlement obligor & annuity issuer may rely on order in redirecting certain payments & are released & discharged from certain liability; provides for construction if terms of structured settlement prohibit transfer for payment rights.

Tracking Information

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Title

Transfers of Structured Settlement Payment Rights

Sponsors


History

DateChamberAction
2016-02-23HouseLaid on Table, companion bill(s) passed, see CS/SB 458 (Ch. 2016-45)
2016-02-23HouseSubstituted CS/SB 458
2016-02-19HousePlaced on Special Order Calendar, 02/23/16
2016-02-10HousePlaced on Calendar
2016-02-10HouseFavorable by- Judiciary Committee; YEAS 16 NAYS 0
2016-02-08HouseOn Committee agenda-- Judiciary Committee, 02/10/16, 9:00 am, Sumner Hall
2016-02-03HouseNow in Judiciary Committee
2016-02-02HouseCS/CS by Insurance and Banking Subcommittee read 1st time
2016-02-02HousePending review of CS under Rule 7.19(c)
2016-02-01HouseCS/CS by Insurance and Banking Subcommittee; YEAS 12 NAYS 0
2016-01-28HouseOn Committee agenda-- Insurance and Banking Subcommittee, 02/01/16, 12:00 pm, Sumner Hall
2016-01-21HouseNow in Insurance and Banking Subcommittee
2016-01-19HouseCS by Civil Justice Subcommittee read 1st time
2016-01-19HousePending review of CS under Rule 7.19(c)
2016-01-13HouseCS by Civil Justice Subcommittee; YEAS 12 NAYS 0
2016-01-12HouseIntroduced
2016-01-11HouseOn Committee agenda-- Civil Justice Subcommittee, 01/13/16, 9:00 am, Sumner Hall
2015-10-30HouseReferred to Civil Justice Subcommittee; Insurance and Banking Subcommittee; Judiciary Committee
2015-10-16HouseFiled

Same As/Similar To

S0458 (Similar To) 2016-03-10 - Chapter No. 2016-45

Code Citations

ChapterArticleSectionCitation TypeStatute Text
62699296Amended CodeSee Bill Text

Florida State Sources


Bill Comments

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