SB 585 - Dixon, Bob
Modifies the calculation of the limitation for punitive damages
Bill Details
Sponsor
LR Number
4475S.01I
Title
SB 585
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2014
Current Status
Motion to vote bill do pass failed S Judiciary and Civil and Criminal Jurisprudence Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 585 - Currently, punitive damages cannot exceed the greater of five hundred thousand dollars or five times the net amount of the judgment awarded to the plaintiff. This act modifies the language to provide that punitive damages cannot exceed the greater of five hundred thousand dollars or five times the net amount of the compensatory damages awarded to the plaintiff.
This act is identical to HB 1482 (2014).
JESSICA BAKER