HB 0673 Relating to Interest on Certain Judgments
Sponsor:KELLEY (47) Handling House Bill:
Committee:JUDC LR Number:L1283.01I
Last Action:03/08/95 - Reported Do Not Pass H Judiciary & Ethics Committee
Title:
Effective Date:
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Current Bill Summary

HB0673 Kelley, Pat et al

P R E F I L E D

HB 673 -- Interest on Judgments

This bill changes the interest rate to be assessed on judgments in tort cases (and in contract cases where a higher interest rate is not stipulated by the parties) from 9% to a formula tied to one year U.S. Treasury bills.