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SB24-062

Prohibit Attorney Fees on Personal Injury Interest

Concerning prohibiting collection of attorney fees based on interest on judgments.
Session:
2024 Regular Session
Subject:
Courts & Judicial
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.)

Status

Introduced
Lost

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Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Sen. B. Gardner

Sponsor

Co-sponsor

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