SB17-191
Market-based Interest Rates On Judgments
| Type | Bill |
|---|---|
| Session | 2017 Regular Session |
| Subjects |
Concerning market-based rates for interest on judgments.
Bill Summary:
The current rate of postjudgment interest is 2% over the Kansas City discount rate with a floor of 8%. The bill eliminates the floor.
The current interest rate for judgments for personal injury damages caused by a tort is 9%. The bill ties this interest rate to the current rate of postjudgment interest.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 17-191 to the Committee of the Whole. | The motion failed on a vote of 3-6. | Vote summary |
| Postpone Senate Bill 17-191 indefinitely. | The motion passed on a vote of 6-3. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 17-191 to the Committee of the Whole. | The motion passed on a vote of 3-2. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 03/16/2017 | Third Reading | BILL |
22
AYE
13
NO
0
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 04/19/2017 | House | House Committee on State, Veterans, & Military Affairs Postpone Indefinitely |
| 03/21/2017 | House | Introduced In House - Assigned to State, Veterans, & Military Affairs |
| 03/16/2017 | Senate | Senate Third Reading Passed - No Amendments |
| 03/15/2017 | Senate | Senate Second Reading Passed - No Amendments |
| 03/10/2017 | Senate | Senate Second Reading Laid Over Daily - No Amendments |
| 03/07/2017 | Senate | Senate Committee on Judiciary Refer Unamended to Senate Committee of the Whole |
| 02/14/2017 | Senate | Introduced In Senate - Assigned to Judiciary |
Prime Sponsor
Sponsor
(None)