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IN SB0354

Bill

Official Source

Status

Introduced

1/9/2012

Primary Sponsor

Allen Paul

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Changes payment schedule for medical malpractice patient's compensation fund claims from every six months to every three months
  • Establishes quarterly computation and payment deadlines: March 31/April 15, June 30/July 15, September 30/October 15, and December 31/January 15
  • Requires the auditor of state to issue warrants against the fund on March 31, June 30, September 30, and December 31 of each year
  • Adjusts proration provisions so that if fund balance is insufficient, unpaid amounts carry over to the next three-month period rather than the next six-month period
  • Effective date of July 1, 2012

Legislative Description

Medical malpractice patient's compensation fund.

Last Action

First reading: referred to Committee on Judiciary

1/9/2012

Full Bill Text

No bill text available