MD SB734 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 10-0)
Status: Passed on May 28 2016 - 100% progression
Action: 2016-05-28 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 722
Text: Latest bill text (Chaptered) [PDF]

Summary

Making legislative findings and declarations that it is necessary to regulate transfers of structured settlement payment rights to ensure that the transfers are effectuated on fair and reasonable terms and are in the best interest of payees, and to protect payees against deceptive practices; establishing specified requirements on a proposed transfer of structured settlement payment rights if the settlement was established in resolution of a tort claim seeking compensation for cognitive injuries arising from childhood exposure to lead paint; etc.

Tracking Information

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Title

Courts and Judicial Proceedings - Structured Settlements - Transfers and Registration of Structured Settlement Transferees

Sponsors


Roll Calls

2016-04-05 - House - House Floor - Third Reading Passed (141-0) (Y: 141 N: 0 NV: 0 Abs: 0) [PASS]
2016-03-25 - Senate - Senate Floor - Third Reading Passed (40-5) (Y: 40 N: 5 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2016-05-28SenateEnacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 722
2016-04-11SenateReturned Passed
2016-04-11HouseThird Reading Passed (141-0)
2016-04-08HouseSecond Reading Passed
2016-04-08HouseFavorable Report Adopted
2016-04-08HouseFavorable Report by Judiciary
2016-04-06HouseHearing 4/06 at 1:00 p.m.
2016-04-04HouseRereferred to Judiciary
2016-03-29HouseFirst Reading House Rules and Executive Nominations
2016-03-29SenateThird Reading Passed (40-5)
2016-03-28SenateSecond Reading Passed with Amendments
2016-03-28SenateFavorable with Amendments {938174/1 Report Adopted
2016-03-28SenateFavorable with Amendments Report by Judicial Proceedings
2016-03-03SenateHearing 3/03 at 1:00 p.m.
2016-02-05SenateFirst Reading Judicial Proceedings

Subjects


Maryland State Sources

TypeSource
Summaryhttps://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0734?ys=2016rs
Texthttps://mgaleg.maryland.gov/2016RS/bills/sb/sb0734f.pdf
Texthttps://mgaleg.maryland.gov/2016RS/bills/sb/sb0734t.pdf
Texthttps://mgaleg.maryland.gov/2016RS/Chapters_noln/CH_722_sb0734t.pdf
Amendmenthttps://mgaleg.maryland.gov/2016RS/amds/bil_0004/sb0734_93817401.pdf
Supplementhttps://mgaleg.maryland.gov/2016RS/fnotes/bil_0004/sb0734.pdf
Supplementhttps://mgaleg.maryland.gov/2016RS/votes_comm/sb0734_jpr.pdf
Supplementhttps://mgaleg.maryland.gov/2016RS/votes_comm/sb0734_jud.pdf
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0734,s-0793&stab=02&ys=2016RS
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0734,h-1332&stab=02&ys=2016RS

Bill Comments

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