SB 17-191 Colorado Senate · 2017 Regular Session

Market-based Interest Rates On Judgments

Summary

The current rate of postjudgment interest is 2% over the Kansas City discount rate with a floor of 8%. The bill eliminates the floor. The current interest rate for judgments for personal injury damages caused by a tort is 9%. The bill ties this interest rate to the current rate of postjudgment interest. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Bill status passed 3 of 5 stages cleared

Introduction

Feb 2017

Committee Review

Apr 2017

Senate Passage

Mar 2017

House Passage

Governor

Introduced Feb 14, 2017 Last action Apr 19, 2017

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 19, 2017

Legislature · Passed

House Committee on State, Veterans, & Military Affairs Postpone Indefinitely

legislature

Mar 21, 2017

Introduced

Introduced In House - Assigned to State, Veterans, & Military Affairs

legislature

Mar 7, 2017

Committee

Senate Committee on Judiciary Refer Unamended to Senate Committee of the Whole

legislature

Feb 14, 2017

Introduced

Introduced In Senate - Assigned to Judiciary

legislature

3 primary · 0 co-sponsors