US HB2664 | 2015-2016 | 114th Congress

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on June 4 2015 - 25% progression, died in committee
Action: 2015-06-26 - Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Pending: House Subcommittee on Regulatory Reform, Commercial And Antitrust Law Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Structured Settlement Claimants Rights Act of 2015 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 be 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.

Tracking Information

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Title

Structured Settlement Claimants Rights Act of 2015

Sponsors


History

DateChamberAction
2015-06-26HouseReferred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
2015-06-04HouseReferred to the House Committee on the Judiciary.
2015-06-04HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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