S 1149
An Act relative to prejudgment interest rates
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill, S.1149, proposed to establish a standard interest rate for prejudgment interest in Massachusetts. Prejudgment interest accrues when a lawsuit is filed before a judgment is issued, and the current rate is determined on a case-by-case basis. The bill aimed to standardize this rate, potentially providing more predictability for both plaintiffs and defendants involved in legal disputes. Ultimately, the bill failed to pass.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Jason M. Lewis
Cosponsor
Jason M. Lewis
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.