H.B. No. 1666




AN ACT

relating to the courts that may approve a transfer of payment rights 
under certain structured settlements.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1.  Section 141.002(2), Civil Practice and Remedies 
Code, is amended to read as follows:   
		(2)  "Court" means:                                                           
			(A)  the court of original jurisdiction that 
authorized or approved a structured settlement;  or
			(B)  if the court that authorized or approved the 
structured settlement no longer has jurisdiction to approve a 
transfer of payment rights under the structured settlement under 
this chapter, a statutory county court, a statutory probate court,
or a district court located in the county in which the payee 
resides.
	SECTION 2.  This Act takes effect September 1, 2003, and 
applies only to a transfer of structured settlement payment rights 
under a transfer agreement entered into on or after that date.




______________________________              ______________________________
 
   President of the Senate                               Speaker of the House      

	I certify that H.B. No. 1666 was passed by the House on April 
3, 2003, by a non-record vote.

                                                  ______________________________
                                                     Chief Clerk of the House   

	I certify that H.B. No. 1666 was passed by the Senate on May 
22, 2003, by the following vote:  Yeas 31, Nays 0.

                                                  ______________________________
                                                     Secretary of the Senate    



APPROVED:  _____________________                                            
 
                   Date                                                      




 
          _____________________                                          
 
                 Governor