KY HB412 | 2011 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on February 18 2011 - 50% progression, died in chamber
Action: 2011-02-28 - floor amendment (1) filed
Text: Latest bill text (Draft #2) [MS Word]

Summary

Create new sections of KRS Chapter 367, relating to consumer protection, to regulate the business of pre-settlement funding where funds are provided to a civil litigant and repaid only out of the proceeds of the lawsuit; include provisions that address required contractual disclosures and terms, prohibited activities by funding companies, registration of funding companies with the Attorney General, and enforcement authority within the Attorney General's office.

Tracking Information

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Title

AN ACT relating to pre-settlement funding providers and making an appropriation therefor.

Sponsors


History

DateChamberAction
2011-02-28 floor amendment (1) filed
2011-02-28 returned to Judiciary (S)
2011-02-28 2nd reading
2011-02-28 taken from Judiciary (S)
2011-02-25 returned to Judiciary (S)
2011-02-25 1st reading
2011-02-25 taken from Judiciary (S)
2011-02-23 to Judiciary (S)
2011-02-18 received in Senate
2011-02-18 passed 68-24 with Committee Substitute, floor amendment (1)
2011-02-18 floor amendment (2) defeated
2011-02-18 3rd reading
2011-02-17 floor amendments (1) and (2) filed to Committee Substitute, floor amendment (3) filed
2011-02-17 posted for passage in the Regular Orders of the Day for Friday, February 18, 2011
2011-02-17 2nd reading, to Rules
2011-02-16 reported favorably, 1st reading, to Calendar with Committee Substitute
2011-02-14 posted in committee
2011-02-10 to Judiciary (H)
2011-02-09 introduced in House

Kentucky State Sources


Bill Comments

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