H.R. 4022 (112th): Structured Settlement Claimants Rights Act of 2012

Introduced:
Feb 14, 2012 (112th Congress, 2011–2013)
Sponsor:
Rep. Brian Higgins [D-NY27]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on February 14, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Feb 14, 2012
Referred to Committee Feb 14, 2012
Cosponsors
2 cosponsors (2D) (show)
Committees

House Judiciary

The committee chair determines whether a bill will move past the committee stage.

Full Title

To amend title 28, United States Code, to protect the right of a claimant in a civil action before a Federal court to retain a structured settlement broker to negotiate the terms of payment of an award, and for other purposes.

Summary

No summaries available.

Text

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Last updated Feb 14, 2012.
3 pages

Primary Source

View on THOMAS (The Library of Congress)

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Citation

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

2/14/2012--Introduced.
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.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)

  • Title 5: GOVERNMENT ORGANIZATION AND EMPLOYEES
  • Part I: THE AGENCIES GENERALLY
  • Chapter 5: ADMINISTRATIVE PROCEDURE
  • Subchapter II: ADMINISTRATIVE PROCEDURE
  • Section 554: Adjudications

Other Citations

  • 28 U.S.C. Chapter 111