Adjust Damages Limitations For Inflation
Limitations on damages - adjustment for inflation every 2 years. The limitations on the amount of damages for unlawfully serving alcohol, for noneconomic loss or injury, and for wrongful death were last adjusted for inflation on January 1, 2008. The act adjusts those damage limitations for inflation on January 1, 2020, and each January 1 every 2 years thereafter.
(Note: This summary applies to this bill as enacted.)