United States 112th Congress Status: Died 1 D cosponsors

HR 4022 — Structured Settlement Claimants Rights Act of 2012

Last action — Referred to the Subcommittee on Courts, Commercial and Administrative Law.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. Died in session

This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

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.

Bill Text

We don't have the full text on file for this bill yet.

Read HR 4022 on the official United States source →

Action History

  1. Referred to the Subcommittee on Courts, Commercial and Administrative Law.

  2. Referred to the House Committee on the Judiciary.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

finance civil-rights
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Frequently asked questions

What does HR 4022 do?
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.
Who sponsors HR 4022?
HR 4022 is sponsored by Brian Higgins (D).
What is the current status of HR 4022?
This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 4022?
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Last checked for changes about 11 hours ago · updated continuously

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