Bill Status of HB2988 103rd General Assembly
Short Description: PREJUDGMENT INTEREST-REDUCTION
Rep. Patrick Windhorst
Statutes Amended In Order of Appearance
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 amount of prejudgment interest the court shall add to the judgment to an amount calculated at a rate of 5% (instead of 6%) per annum. Effective immediately.