AB 1908: Settlement agreements: victims’ compensation funding.

Under existing law, if parties to pending litigation settle the matter, the court may enter judgment pursuant to the terms of the settlement and, upon stipulation by the settling parties, dismiss the settling parties without prejudice while retaining jurisdiction over the parties to enforce the settlement.

This bill would permit the enforcement, pursuant to the above provision and under specified conditions, of a settlement agreement that resolves a tort claim against a local public entity that is eligible for payment from a victims compensation fund or other victim-related financial assistance program, as specified.

This bill would declare that it is to take effect immediately as an urgency statute.