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Bill Detail: SB24-062

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Title Prohibit Attorney Fees on Personal Injury Interest
Status Senate Committee on Judiciary Postpone Indefinitely (02/12/2024)
Bill Subjects
  • Courts & Judicial
House Sponsors
Senate Sponsors R. Gardner (R)
House Committee
Senate Committee Judiciary
Date Introduced 01/19/2024
Summary

Current law permits a plaintiff in a personal injury case stemming
from a tort to claim interest at a rate of 9% on the damages alleged from
the date the action accrued until the date the judgment is satisfied.
Beginning July 1, 2024, the bill prohibits a plaintiff's attorney from
collecting attorney contingency fees based on that portion of the ultimate
damages award attributable to the 9% interest.

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