Bill Text: MA S1563 | 2009-2010 | 186th General Court | Introduced
Bill Title: For legislation relative to interest added to damages in contract actions
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2010-04-05 - Reporting date extended to Friday, May 7, 2010 [S1563 Detail]
Download: Massachusetts-2009-S1563-Introduced.html
The Commonwealth of Massachusetts
_______________
PRESENTED BY:
Frederick E. Berry (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 passage of the accompanying bill:
An Act relative to interest added to damages in contract actions.
_______________
PETITION OF:
|
Name: |
District/Address: |
|
Stefano Picciotto |
418 Lafayette Street |
|
Melita Picciotto |
418 Lafayette Street |
The Commonwealth of
Massachusetts
_______________
In the Year Two Thousand and Nine
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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 § 6C, is amended by adding the following language at the end of § 6C:
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.
