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Senate approves tighter process for structured workers—comp settlements, barring later claims in some cases
Summary
After extended debate, the Utah Senate adopted an amendment requiring Labor Commission counseling and approval for transfers of workers— compensation payments and passed SB109 as amended; supporters said it protects injured workers from predatory buyers, opponents warned it could bar relief later.
The Utah Senate on the floor passed Senate Bill 109 as amended, approving a process under which workers can enter structured-settlement transfers only after counseling and review by the Labor Commission and, in the adopted amendment, waiving the right to later equitable relief in approved cases.
Senator Maine, sponsor and floor manager, framed the bill as a response to situations where injured workers who accepted buyout offers from factoring companies later found themselves destitute. He said the amendment creates a counseling and approval process so recipients "go into [the transfer] eyes wide…
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