Bill Summary

SB 458 Transfers of Structured Settlement Payment Rights (2016 Session)
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Sponsors
by Richter  CS Sponsors: Banking and Insurance
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Summary
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. Effective Date: 3/10/2016
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committees of reference
   S Judiciary
   S Banking and Insurance
   S Rules
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Actions
10/07/15
SENATE
Filed
10/21/15
SENATE
Referred to Judiciary; Banking and Insurance; Rules
11/09/15
SENATE
On Committee agenda - Judiciary, 11/17/15, 3:30 pm, 110 S
11/17/15
SENATE
Favorable by Judiciary; 10 Yeas, 0 Nays
11/18/15
SENATE
Now in Banking and Insurance
11/23/15
SENATE
On Committee agenda - Banking and Insurance, 12/01/15, 1:00 pm, 110 S
12/01/15
SENATE
Favorable with CS by Banking and Insurance; 11 Yeas, 0 Nays
12/02/15
SENATE
Committee Substitute Text (C1) Filed
12/03/15
SENATE
Now in Rules
01/11/16
SENATE
On Committee agenda - Rules, 01/14/16, 10:00 am, 110 S
01/14/16
SENATE
Favorable by Rules; 11 Yeas, 0 Nays
01/15/16
SENATE
Placed on Calendar, on 2nd reading
01/19/16
SENATE
Placed on Special Order Calendar, 01/21/16
01/21/16
SENATE
Read Second Time; Amendment Adopted (514830); Ordered Engrossed; Placed on Third Reading, 01/28/16
01/21/16
SENATE
Engrossed Text (E1) Filed
01/28/16
SENATE
Read Third Time; Passed (Vote: 37 Yeas / 0 Nays)
02/02/16
HOUSE 
In Messages
02/18/16
HOUSE 
Referred to Calendar
02/19/16
HOUSE 
Placed on Special Order Calendar, 02/23/16
02/23/16
HOUSE 
Substituted for HB 0379; Read Second Time; Placed on Third Reading, 02/24/16
02/24/16
HOUSE 
Read Third Time; Passed (Vote: 116 Yeas / 0 Nays)
03/01/16
SENATE
Ordered enrolled
03/01/16
SENATE
Enrolled Text (ER) Filed
03/03/16
______ 
Signed by Officers and presented to Governor (Governor has until 03/10/16 to act on this bill)
03/10/16
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Approved by Governor; Chapter No. 2016-45
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bill text & filed amendments
0458
Filed on 10/07/15
PDF
Amendment 870846
Richter
Filed on 11/30/15
Replaced by CS
PDF
0458C1
Filed on 12/02/15
PDF
Amendment 514830
Richter
Filed on 01/20/16
Adopted on 2nd Reading
PDF
0458E1
Filed on 01/21/16
PDF
No amendments to this bill text filed.
0458ER
Filed on 03/01/16
PDF
No amendments to this bill text filed.
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Statute Citations
626.99296
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