US Congress House Bill 4022 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 14 2012 - 25% progression, died in committee
Action: 2012-02-16 - Referred to the Subcommittee on Courts, Commercial and Administrative Law.
Pending: House Subcommittee on Courts, Commercial and Administrative Law Committee
Text: Latest bill text (Introduced) [PDF]

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.

Structured Settlement Claimants Rights Act of 2012

Rep. Brian Higgins [D-NY]

Rep. Bruce Braley [D-IA]

Rep. Kathleen Hochul [D-NY]

Date	Chamber	Action
2012-02-16	House	Referred to the Subcommittee on Courts, Commercial and Administrative Law.
2012-02-14	House	Referred to the House Committee on the Judiciary.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/4022/all-info
Text	https://www.congress.gov/112/bills/hr4022/BILLS-112hr4022ih.pdf