H.R. 4022 · 112th Congress
Structured Settlement Claimants Rights Act of 2012
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
HigginsSponsor2 cosponsors · 2 D
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Structured Settlement Claimants Rights Act of 2012 - Amends the federal judicial code to declare that a claimant in any civil action before a federal court shall have the right to retain a structured settlement broker to act on behalf of that claimant for purposes of negotiating a schedule of payments or other terms of payment previously agreed to paid by…
What it does: CRS summary · Introduced in House · Feb 14, 2012
Structured Settlement Claimants Rights Act of 2012 - Amends the federal judicial code to declare that a claimant in any civil action before a federal court shall have the right to retain a structured settlement broker to act on behalf of that claimant for purposes of negotiating a schedule of payments or other terms of payment previously agreed to paid by or on behalf of the defendant in satisfaction of a judgment against that defendant or in accordance with the terms of a settlement.
Requires that a party to an administrative proceeding have the same right to retain such a structured settlement broker for negotiations with other parties.
Directs: (1) the court or the agency in an administrative proceeding to inform the claimant of this right at the appropriate time, and (2) the defendant to provide timely notice of any current or previous professional relationship between the defendant and the broker.Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Structured Settlement Claimants Rights Act of 2012
Latest action (Feb 16, 2012): Referred to the Subcommittee on Courts, Commercial and Administrative Law.
Policy area: Law · Origin: House · Introduced: Feb 14, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.