HB 2988 Illinois House · 103rd Regular Session

PREJUDGMENT INTEREST-REDUCTION

Summary
Amends the Code of Civil Procedure. In a provision concerning actions brought to recover damages for personal injury or wrongful death, changes the amount of prejudgment interest the court shall add to the judgment to an amount calculated at a rate of 5% (instead of 6%) per annum. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
Governor
Introduced Feb 16, 2023 Last action Feb 16, 2023
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Total actions
3
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0
Committee
1
Feb 16, 2023
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors

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Legislator
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P
Photo of Patrick Windhorst
Patrick Windhorst
RRepublican
IL
117