Mr. President:
The Business and Labor Committee reports a favorable recommendation on S.B. 109,
TRANSFERS OF STRUCTURED SETTLEMENTS, by Senator E. Mayne, with the following
amendments:
Kevin T. VanTassell
Voting: 5-0-2
1. Page
2, Lines 30 through 33
:
30
(1) For purposes of this section:
31
(a) "Payment rights under workers' compensation" means
an
employee's
}
the
right to
32
receive compensation under this chapter or Chapter 3, Utah Occupational Disease Act,
33
including the payment of a workers' compensation claim, award, benefit, or settlement.
2. Page
2, Lines 53 through 54
:
53
(3) (a) Beginning April 30, 2007,
an employee
}
a person
may not
transfer payment rights under
54
workers' compensation.
Respectfully,
Committee Chair
3 SB0109.SC1.wpd anicholson/AMN PO/AMN 1/18/07 10:04 am
Bill Number
*SB0109*
SB0109