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2013 SESSION

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HB 1552 Punitive damages; increases cap to reflect effect of inflation.

Introduced by: G. Manoli Loupassi | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Punitive damages cap. Increases the punitive damages cap from $350,000 to $675,000 to reflect the effect of inflation since the cap was first established. The bill also provides that the cap will be adjusted annually in an amount equal to the annual increase in the United States Average Consumer Price Index for all items, all urban consumers.

FULL TEXT

• 01/04/13  House: Prefiled and ordered printed; offered 01/09/13 13101757D  pdf | impact statement

HISTORY

• 01/04/13  House: Prefiled and ordered printed; offered 01/09/13 13101757D
• 01/04/13  House: Referred to Committee for Courts of Justice
• 01/11/13  House: Assigned Courts sub: #2 Civil
• 01/23/13  House: Subcommittee recommends laying on the table by voice vote
• 02/05/13  House: Left in Courts of Justice