Skip to Content


HOUSE DOCKET, NO. 1950         FILED ON: 1/17/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1459

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Jason Lewis

_______________

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 prejudgment interest rates.

_______________

PETITION OF:

 

Name:

District/Address:

Jason Lewis

 


HOUSE DOCKET, NO. 1950        FILED ON: 1/17/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1459

By Mr. Lewis of Winchester, a petition (accompanied by bill, House, No. 1459) of Jason M. Lewis relative to prejudgment interest rates on damages awarded in tort actions and contract actions.  The Judiciary. 


The Commonwealth of Massachusetts
 

_______________

In the Year Two Thousand Thirteen

_______________

 

An Act relative to prejudgment interest rates.
 

              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.  Section 6B of chapter 231 of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by striking out, in line 5, the words “at the rate of twelve per cent per annum” and inserting in place thereof the following:- calculated at a weekly average one-year constant maturity treasury yield, as published by the Board of Governors of the Federal Reserve System, for the calendar week preceding date of the judgment. 

              SECTION 2. Section 6C of said chapter 231 is hereby amended by striking out, in line 4, the words “at the rate of twelve per cent per annum” and inserting in place thereof the following:-  calculated at a Weekly average one-year constant maturity treasury yield, as published by the Board of Governors of the Federal Reserve System, for the calendar week preceding date of the judgment.

              SECTION 3. Said section 6C of said chapter 231 is hereby further amended by striking out, in line 7, the words “at the rate of twelve per cent annum” and inserting in place thereof the following:- calculated as set forth above.

The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Error