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Senate alters lien‑recovery rules, caps payouts in bid to stabilize fund
Summary
After a contentious floor debate, the Senate amended and passed changes to the lien recovery fund that lower the fund’s interest exposure and cap attorney‑fee payments, a move backers said is needed to prevent the fund’s near‑term exhaustion.
The Utah Senate amended and passed a measure changing how the state’s lien recovery fund pays claimants and attorney fees, after an extended and sometimes heated floor debate.
Supporters said the fund has been strained by high interest and large attorney fee awards and argued that reducing interest paid to claimants and capping fund-paid attorney fees is necessary…
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