SRC-SLL, JBJ S.B. 731 76(R)BILL ANALYSIS Senate Research CenterS.B. 731 By: Harris Jurisprudence 8/16/1999 Enrolled DIGEST Currently, no clear requirements exist for an attorney to convey information on personal injury settlements. The lack of clarity serves inadvertently to force a client to accept a settlement that may not be in the client's best interest. Setting forth certain time periods, conditions under which an attorney is appointed, and procedures under which a structured settlement is presented may help a client make an informed decision. S.B. 731 sets forth guidelines for structured settlements in certain personal injury suits. PURPOSE As enrolled, S.B. 731 sets forth guidelines for structured settlements in certain personal injury suits. RULEMAKING AUTHORITY This bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Title 6, Civil Practice and Remedies Code, by adding Chapter 139, as follows: CHAPTER 139. PERSONAL INJURY TO CERTAIN PERSONS SUBCHAPTER A. GENERAL PROVISIONS Sec. 139.001. DEFINITIONS. Defines "claimant" and "incapacitated person." Sec. 139.002. SCOPE OF CHAPTER. Sets forth the scope of this chapter regarding a suit on a claim for damages arising from personal injury. SUBCHAPTER B. STRUCTURED SETTLEMENT OFFER Sec. 139.101. WRITTEN OFFER REQUIRED. Sets forth requirements for an offer of structured settlement made after a suit. Sec. 139.102. PRESENTATION TO CLAIMANT. Requires the attorney receiving the offer to present the offer within a certain date to the claimant or the claimant's personal representative. Requires the attorney, to the extent necessary to make an informed decision, to advise the claimant or the claimant's personal representative of certain conditions and appropriateness of the settlement. SECTION 2.Effective date: September 1, 1999. Makes application of this Act prospective. SECTION 3.Emergency clause.