IL SB0080 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 20 2023 - 25% progression
Action: 2023-01-20 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 20 2023 - 25% progression
Action: 2023-01-20 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Code of Civil Procedure. In a provision concerning actions brought to recover damages for personal injury or wrongful death, changes the prejudgment interest rate to 5% per annum instead of 6% per annum. Effective immediately.
Title
PREJUDGMENT INTEREST-REDUCTION
Sponsors
| Sen. Jil Tracy [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-01-20 | Senate | Referred to Assignments |
| 2023-01-20 | Senate | First Reading |
| 2023-01-20 | Senate | Filed with Secretary by Sen. Jil Tracy |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 735 | 5 | 2-1303 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=80&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/SB/10300SB0080.htm |
