Bill Text: MO HB1482 | 2014 | Regular Session | Introduced

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Bill Title: Changes the calculation of the limitation for punitive damages

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2014-03-26 - Public Hearing Completed (H) [HB1482 Detail]

Download: Missouri-2014-HB1482-Introduced.html

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SECOND REGULAR SESSION

HOUSE BILL NO. 1482

97TH GENERAL ASSEMBLY

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INTRODUCED BY REPRESENTATIVE AUSTIN.

5483L.01I                                                                                                                                                  D. ADAM CRUMBLISS, Chief Clerk

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AN ACT

To repeal section 510.265, RSMo, and to enact in lieu thereof one new section relating to the awarding of punitive damages.

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Be it enacted by the General Assembly of the state of Missouri, as follows:

            Section A. Section 510.265, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 510.265, to read as follows:

            510.265. 1. No award of punitive damages against any defendant shall exceed the greater of:

            (1) Five hundred thousand dollars; or

            (2) Five times the net amount of the [judgment] compensatory damages awarded to the plaintiff against the defendant.  

 

Such limitations shall not apply if the state of Missouri is the plaintiff requesting the award of punitive damages, or the defendant pleads guilty to or is convicted of a felony arising out of the acts or omissions pled by the plaintiff.

            2. The provisions of this section shall not apply to civil actions brought under section 213.111 that allege a violation of section 213.040, 213.045, 213.050, or 213.070, to the extent that the alleged violation of section 213.070 relates to or involves a violation of section 213.040, 213.045, or 213.050, or subdivision (3) of section 213.070 as it relates to housing.

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