BILL · 2003–04 SESSION

HB 2485: Interest on tort judgments

Revising the rate of interest on certain tort judgments.

Summary

  • Changes the interest rate on certain judgments to four points above the 26-week treasury bill (T-bill) rate, from the current rate which is the higher of 12 percent or four points above the T-bill rate.

From the House Bill Analysis (HB 2485), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 185, Laws of 2004
  1. IntroducedJan 15, 2004
  2. Out of committeeFeb 6, 2004
  3. Passed HouseFeb 16, 2004
  4. Passed SenateMar 5, 2004
  5. GovernorMar 26, 2004
  6. LawMar 26, 2004
Prime sponsor
Patricia Lantz (D-26)
Introduced
January 15, 2004 in the House
Last action
March 26, 2004
Session law
Chapter 185, Laws of 2004
Budget
Has a fiscal note
Versions
HB 2485, SHB 2485

AN ACT Relating to postjudgment interest on tort judgments;

Sponsors

Votes

House · Final Passage

Passed February 16, 2004
Version voted on: HB 2485
97 Yea 1 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat51100
Republican46000
How each member voted

Yea (97)

Nay (1)

Senate · 3rd Reading & Final Passage as Amended by the Senate

Passed March 5, 2004
Version voted on: HB 2485
43 Yea 3 Nay 1 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat19302
Republican24010
How each member voted

House · FP as Amd by the Senate

Passed March 10, 2004
Version voted on: HB 2485
70 Yea 27 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat252601
Republican45100
How each member voted

Yea (70)

Excused (1)

1 other recorded vote (amendments, procedural motions)

House · Amendment 1013 by Alexander (page 1, line 11)

February 16, 2004
Version voted on: HB 2485
47 Yea 51 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat15100
Republican46000
How each member voted

Yea (47)

Nay (51)

History

  1. Governor signed.
  2. Effective date 6/10/2004.
  3. Chapter 185, 2004 Laws.
  4. President signed.
  5. Speaker signed.
  6. Delivered to Governor.
  7. Passed final passage; yeas, 70; nays, 27; absent, 0; excused, 1.
  8. House concurred in Senate amendments.
  9. Third reading, passed; yeas, 43; nays, 3; absent, 1; excused, 2.
  10. Rules suspended. Placed on Third Reading.
  11. Committee amendment adopted with no other amendments.
  12. Placed on second reading by Rules Committee.
  13. Passed to Rules Committee for second reading.
  14. Minority; do not pass.
  15. JUD - Majority; do pass with amendment(s).
  16. First reading, referred to Judiciary.
  17. 1st substitute bill not substituted. (SHB 2485)
  18. Third reading, passed; yeas, 97; nays, 1; absent, 0; excused, 0.
  19. Rules suspended. Placed on Third Reading.
  20. 1st substitute bill not substituted.
  21. Placed on second reading by Rules Committee. (SHB 2485)
  22. Placed on second reading by Rules Committee.
  23. Passed to Rules Committee for second reading. (SHB 2485)
  24. Passed to Rules Committee for second reading.
  25. APP - Majority; do pass 1st substitute bill proposed by Judiciary. (SHB 2485)
  26. APP - Executive action taken by committee. (SHB 2485)
  27. APP - Executive action taken by committee.
  28. APP - Majority; do pass 1st substitute bill proposed by Judiciary.
  29. Referred to Appropriations. (SHB 2485)
  30. Referred to Appropriations.
  31. Minority; do not pass. (SHB 2485)
  32. JUDI - Majority; 1st substitute bill be substituted, do pass. (SHB 2485)
  33. JUDI - Executive action taken by committee.
  34. JUDI - Majority; 1st substitute bill be substituted, do pass.
  35. Minority; do not pass.
  36. First reading, referred to Judiciary.

HB 2485 in other sessions

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

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