Legislation

Title: Courts and Judicial Proceedings - Structured Settlements - Transfers and Registration of Structured Settlement Transferees
Sponsored by: The President (By Request - Office of the Attorney General) and Senators Raskin, Brochin, Feldman, Gladden, Kagan, Lee, Muse, Pugh, and Ramirez
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 722
Analysis: Fiscal and Policy Note (Revised)

Synopsis

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.

Committees

Original:: Judicial Proceedings

Opposite:: Judiciary

Details

Cross-filed with: HB0535

Bill File Type: Regular

Effective Date(s): October 1, 2016

History

Legislation History
Chamber Senate Calendar Date 2/08/2016 Legislative Date 2/05/2016 Action First Reading Judicial Proceedings Proceedings
Chamber Senate Calendar Date 2/10/2016 Legislative Date 2/10/2016 Action Hearing 3/03 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/25/2016 Legislative Date 3/28/2016 Action Favorable with Amendments Report by Judicial Proceedings Proceedings
Chamber Senate Calendar Date 3/28/2016 Legislative Date 3/24/2016 Action Favorable with Amendments {938174/1 Report Adopted Proceedings 53
Chamber Senate Calendar Date 3/28/2016 Legislative Date 3/24/2016 Action Second Reading Passed with Amendments Proceedings 53
Chamber Senate Calendar Date 3/29/2016 Legislative Date 3/25/2016 Action Third Reading Passed (40-5) Proceedings 54
Chamber House Calendar Date 3/29/2016 Legislative Date 3/24/2016 Action First Reading House Rules and Executive Nominations Proceedings 56
Chamber House Calendar Date 4/04/2016 Legislative Date 4/04/2016 Action Rereferred to Judiciary Proceedings
Chamber House Calendar Date 4/04/2016 Legislative Date 4/04/2016 Action Hearing 4/06 at 1:00 p.m. Proceedings
Chamber House Calendar Date 4/08/2016 Legislative Date 4/08/2016 Action Favorable Report by Judiciary Proceedings
Chamber House Calendar Date 4/08/2016 Legislative Date 4/02/2016 Action Favorable Report Adopted Proceedings 65
Chamber House Calendar Date 4/08/2016 Legislative Date 4/02/2016 Action Second Reading Passed Proceedings 65
Chamber House Calendar Date 4/11/2016 Legislative Date 4/05/2016 Action Third Reading Passed (141-0) Proceedings 68
Chamber Senate Calendar Date 4/11/2016 Legislative Date 4/05/2016 Action Returned Passed Proceedings 65
Chamber Post Passage Calendar Date 5/31/2016 Legislative Date 5/28/2016 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 722 Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/08/2016	2/05/2016	First Reading Judicial Proceedings
Senate	2/10/2016	2/10/2016	Hearing 3/03 at 1:00 p.m.
Senate	3/25/2016	3/28/2016	Favorable with Amendments Report by Judicial Proceedings
Senate	3/28/2016	3/24/2016	Favorable with Amendments {938174/1 Report Adopted	53
Senate	3/28/2016	3/24/2016	Second Reading Passed with Amendments	53
Senate	3/29/2016	3/25/2016	Third Reading Passed (40-5)	54
House	3/29/2016	3/24/2016	First Reading House Rules and Executive Nominations	56
House	4/04/2016	4/04/2016	Rereferred to Judiciary
House	4/04/2016	4/04/2016	Hearing 4/06 at 1:00 p.m.
House	4/08/2016	4/08/2016	Favorable Report by Judiciary
House	4/08/2016	4/02/2016	Favorable Report Adopted	65
House	4/08/2016	4/02/2016	Second Reading Passed	65
House	4/11/2016	4/05/2016	Third Reading Passed (141-0)	68
Senate	4/11/2016	4/05/2016	Returned Passed	65
Post Passage	5/31/2016	5/28/2016	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 722

Documents

Date Posted	Document Name
3/28/2016	Amendments Senate - (Judicial Proceedings) {938174/01 Adopted
2/09/2016	Text - First - Courts and Judicial Proceedings - Structured Settlements - Transfers
3/28/2016	Text - Third - Courts and Judicial Proceedings - Structured Settlements - Transfers and Registration of Structured Settlement Transferees
6/23/2016	Text - Chapter - Courts and Judicial Proceedings - Structured Settlements - Transfers and Registration of Structured Settlement Transferees
3/25/2016	Vote - Senate - Committee - Judicial Proceedings
4/08/2016	Vote - House - Committee - Judiciary
3/25/2016	Vote - Senate Floor - Third Reading Passed (40-5) - 03/25/16
4/05/2016	Vote - House Floor - Third Reading Passed (141-0) - 04/05/16

File Code

Subjects

Statutes