BILL · 1997–98 SESSION

HB 1001: Tort judgment interest rate

Revising the rate of interest on certain tort judgments.

Summary

  • The judgment interest rate when the state, local governments, or private litigants appeal adverse decisions of courts in tort cases is four percentage points above the 26-week treasury bill average rate as of the first auction of the previous month, calculated based on the date of the judgment.

From the House Bill Analysis (HB 1001), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the House floor
  1. IntroducedJan 13, 1997
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Les Thomas (R-31)
Introduced
January 13, 1997 in the House
Last action
January 30, 1998
Budget
Has a fiscal note

Sponsors

Prime sponsor: Les Thomas (R-31)

2 co-sponsors (0 Democrats, 2 Republicans)

Votes

No recorded floor votes.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

HB 1001 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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