SENATE BILL 677

File Code: Civil Actions and Procedures Crossfiled with: HOUSE BILL 254

Sponsored By:

Senator Giannetti

Entitled:

Courts - Interest Rate on Judgments

Synopsis:

Changing the legal rate of interest on specified judgments from 10 percent a year to the bank prime loan rate, as published by the Board of Governors of the Federal Reserve System, for the month of the date of the judgment.

History by Legislative Date

Senate Action

2/3

First Reading Judicial Proceedings

2/15

Hearing 3/8 at 1:00 p.m.

2/21

Hearing cancelled

3/6

Withdrawn

House Action

No Action

Bill indexed under the following Subjects:

COURTS -see also- CIRCUIT; APPEALS; DISTRICT; ORPHANS'; etc.

INTEREST

JUDGMENTS

Bill affects the following Statute:

Courts and Judicial Proceedings

( 11-107 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered