HOUSE DOCKET, NO. 528        FILED ON: 1/18/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 443

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

John D. Keenan, (BY REQUEST)

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to interest added to damages in contract actions.

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PETITION OF:

 

Name:

District/Address:

Date Added:

Stefano Picciotto

418 Lafayette Street Salem, MA 01970

 


HOUSE DOCKET, NO. 528        FILED ON: 1/18/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 443

By Mr. Keenan of Salem (by request), a petition (accompanied by bill, House, No. 443) of Stefano Picciotto relative to interest on disputed attorneys fees.  The Judiciary.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 1479 OF 2009-2010.]

 

The Commonwealth of Massachusetts

 

_______________

In the Year Two Thousand Eleven

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An Act relative to interest added to damages in contract actions.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. Chapter 231 § 6H, is amended by adding the following language at the end of  § 6H:

When the funds at issue involve disputed attorney fees and the funds have been deposited, pretrial, into the court register, the only interest that shall be added to the judgment is that which is actually generated by the court-held funds.