AN ACT RELATING TO COURTS AND CIVIL PROCEDURE -- PROCEDURE GENERALLY -- JUDGMENTS, ORDERS, AND DECREES
HB 5179 changes how interest is calculated in civil court judgments involving monetary damages. Instead of a fixed 12% rate, it sets interest at the coupon yield equivalent of the most recent 52-week U.S. Treasury bill auction before the lawsuit was filed. This applies to most civil cases, but excludes medical malpractice claims (like personal injury or wrongful death against doctors or hospitals), which retain their own interest calculation rules. The bill takes effect upon passage and directly affects plaintiffs, defendants, and courts handling civil monetary judgments.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 24, 2025
Last action Feb 4, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Feb 4, 2025
Committee
02/04/2025 Committee recommended measure be held for further study
legislature
Jan 24, 2025
Introduced
01/24/2025 Introduced, referred to House Judiciary
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Alex Finkelman
DDemocratic
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