SB24-062
Prohibit Attorney Fees on Personal Injury Interest
| Type | Bill |
|---|---|
| Session | 2024 Regular Session |
| Subjects |
Concerning prohibiting collection of attorney fees based on interest on judgments.
Bill Summary:
Current law permits a plaintiff in a personal injury case stemming from a tort to claim interest at a rate of 9% on the damages alleged from the date the action accrued until the date the judgment is satisfied. Beginning July 1, 2024, the bill prohibits a plaintiff's attorney from collecting attorney contingency fees based on that portion of the ultimate damages award attributable to the 9% interest.
(Note: This summary applies to this bill as introduced.)
Prime Sponsors
Senator
Bob Gardner
Committees
Senate
Judiciary
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 01/19/2024 | Introduced |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 24-062 to the Committee of the Whole. | The motion failed on a vote of 2-3. | Vote summary |
| Postpone Senate Bill 24-062 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. | The motion passed on a vote of 3-2. | Vote summary |
| Date | Location | Action |
|---|---|---|
| 02/12/2024 | Senate | Senate Committee on Judiciary Postpone Indefinitely |
| 01/19/2024 | Senate | Introduced In Senate - Assigned to Judiciary |