FLOOR AMENDMENT (PURKEY) REJECTED BY HOUSE OF DELEGATES

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E. The provisions of this chapter shall not be applicable to transfers of structured settlement payment rights where the discount rate of the structured settlement payment rights transferred is a rate that is equal to or less than the rate specified in § 65.2-522, plus six percent, and written notice of such transfer is filed with a circuit court having jurisdiction under § 59.1-477 certifying that, prior to entering into the transfer agreement, the transferee provided the payee with the disclosure statement required by subdivision A 2 of this section.

FLOOR AMENDMENTS (CROSHAW) REJECTED BY HOUSE OF DELEGATES

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, the settlement obligor or the annuity issuer

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shall apply to any transfer by a payee who is a resident of this state and