Bill
Bill > HB597
summary
Introduced
03/01/2024
03/01/2024
In Committee
03/11/2024
03/11/2024
Crossed Over
Passed
Dead
06/03/2024
06/03/2024
Introduced Session
2024 Regular Session
Bill Summary
AN ACT To enact R.S. 13:4212, relative to civil damages; to provide for the payment of certain expenses in a personal injury claim; to provide for the payment of medical expenses; to require a claimant to present invoices for outstanding medical and related expenses; to provide for the payment of future medical and related expenses; to require the use of a reversionary trust in certain circumstances; and to provide for related matters.
AI Summary
This bill enacts a new law (R.S. 13:4212) that requires the creation of a "reversionary medical trust" in personal injury cases where the court determines the claimant needs at least $50,000 in future medical and related benefits. The trust is established by the liable party and administered for the claimant's benefit, with medical expenses paid directly to providers as they are incurred. Any remaining funds in the trust revert to the liable party upon the claimant's death or trust termination. The bill also specifies the trustee's fiduciary duties and defines "reversionary medical trust."
Committee Categories
Justice
Sponsors (1)
Last Action
Read by title, under the rules, referred to the Committee on Civil Law and Procedure. (on 03/11/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.la.gov/legis/BillInfo.aspx?s=24rs&b=HB597&sbi=y |
| Analysis - Digest of HB597 Original | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1351965 |
| BillText | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1351962 |
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