- Introduced -

SB 679 - This act provides that the interest rate on moneys due from a judgment or court order shall be equal to the coupon issue yield equivalent, as determined by the Federal Reserve Board, of the average accepted auction price for the last auction of 52 week U.S. Treasury bills settled immediately prior to the date of judgment.

In order for a claimant to make certain demands for prejudgement interest in tort actions for bodily injury or wrongful death, the claimant must provide sufficient information to reasonably evaluate a claim in regard to which the nature and extent of the claimant's injuries and damages are reasonably ascertainable.

JIM ERTLE