Bill Status of SB 2949   103rd General Assembly

Short Description:  PREJUDGMENT INTEREST-REDUCTION

Senate Sponsors
Sen. Jil Tracy

Last Action  View All Actions

DateChamber Action
  1/7/2025SenateSession Sine Die

Statutes Amended In Order of Appearance
735 ILCS 5/2-1303from Ch. 110, par. 2-1303

Synopsis As Introduced
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.

Actions 
DateChamber Action
  1/31/2024SenateFiled with Secretary by Sen. Jil Tracy
  1/31/2024SenateFirst Reading
  1/31/2024SenateReferred to Assignments
  1/7/2025SenateSession Sine Die

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