Bill Status of HB2988  103rd General Assembly

Short Description:  PREJUDGMENT INTEREST-REDUCTION

House Sponsors
Rep. Patrick Windhorst

Last Action
DateChamber Action
  2/16/2023HouseReferred to Rules Committee

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 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.

Actions 
DateChamber Action
  2/16/2023HouseFiled with the Clerk by Rep. Patrick Windhorst
  2/16/2023HouseFirst Reading
  2/16/2023HouseReferred to Rules Committee