Bill Text: FL S1086 | 2016 | Regular Session | Comm Sub

---

Bill Title: Prejudgment Interest

Spectrum: Bipartisan Bill

Status: (Failed) 2016-03-11 - Died in Appropriations Subcommittee on Criminal and Civil Justice [S1086 Detail]

Download: Florida-2016-S1086-Comm_Sub.html

---

       Florida Senate - 2016                             CS for SB 1086
       
       
        
       By the Committee on Judiciary; and Senator Bradley
       
       590-02353-16                                          20161086c1
    1                        A bill to be entitled                      
    2         An act relating to prejudgment interest; creating s.
    3         55.035, F.S.; requiring a court to include interest on
    4         economic damages and costs in the final judgment of a
    5         negligence action as a result of a personal injury;
    6         specifying the date from which interest accrues;
    7         providing applicability; providing an effective date.
    8          
    9  Be It Enacted by the Legislature of the State of Florida:
   10  
   11         Section 1. Section 55.035, Florida Statutes, is created to
   12  read:
   13         55.035 Prejudgment interest.—In a negligence action in
   14  which a plaintiff recovers economic damages as the result of a
   15  personal injury, the court shall include in the final judgment
   16  interest on each component of economic damages. Such interest
   17  accrues from the date of the loss of an economic benefit or
   18  payment made by the plaintiff. If the plaintiff recovers costs,
   19  the court shall include in the final judgment interest on such
   20  costs beginning on the first day of the month immediately
   21  following the month in which costs were paid. The rate of
   22  interest applicable to this section is the rate established
   23  pursuant to s. 55.03.
   24         Section 2. This act applies to causes of action which
   25  accrue on or after the effective date of the act.
   26         Section 3. This act shall take effect July 1, 2016.