AN ACT RELATING TO COURTS AND CIVIL PROCEDURE -- PROCEDURE GENERALLY -- CAUSE OF ACTION

This bill allows individuals who have settled a legal claim to send their signed release documents electronically to the party responsible for payment or their attorney. It applies to insurance companies, adjusting firms, and other entities obligated to pay settlement amounts. If a payment is not made within 30 days of receiving the electronic release, the law creates a presumption of willful disregard and permits the claimant to seek punitive damages and 12% annual interest. Additionally, any lawsuit filed under this provision would receive priority scheduling on the court's trial calendar.