HB 2542 Interest on judgments or verdicts.
William C. Mims | all patrons    ...    notes
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Summary:
Civil remedies; interest on judgments, etc. Provides that when a judgment is entered on a negotiable instrument, interest will accrue on the principal amount of the judgment at the rate specified in the instrument or, if the instrument does not specify a rate, at the judgment rate of interest. Currently, because the U.C.C. is silent, an award of interest on the principal amount at a rate different from the judgment rate is discretionary with the court. Prior to the revision of former Title 8.3 interest ran at the judgment rate, unless otherwise provided in the instrument.

Full text:
01/20/97  House: Presented & ordered printed 971370358  pdf
02/01/97  House: Printed as engrossed 971370358-E  pdf
03/06/97  House: Bill text as passed House and Senate (HB2542ER)  pdf
03/21/97  Governor: Acts of Assembly Chapter text (CHAP0551)  pdf

Amendments:
House amendments
Senate amendments engrossed
Conference amendments

Status:
01/20/97  House: Presented & ordered printed 971370358
01/20/97  House: Referred to Committee on Corporations, Insurance and Banking
01/30/97  House: Reported from C. I. B. w/amd. (22-Y 0-N)
01/31/97  House: Read first time
02/01/97  House: Read second time
02/01/97  House: Committee amendment agreed to
02/01/97  House: Engrossed by House as amended
02/01/97  House: Printed as engrossed 971370358-E
02/02/97  House: Read third time and passed House (Block Vote) (100-Y 0-N)
02/02/97  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
02/02/97  House: Communicated to Senate
02/03/97  Senate: Constitutional reading dispensed (36-Y 4-N)
02/03/97  Senate: Referred to Committee for Courts of Justice
02/12/97  Senate: Reported from Courts of Justice w/amds. (15-Y 0-N)
02/13/97  Senate: Const. reading disp., passed by for the day (39-Y 0-N)
02/13/97  Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
02/13/97  Senate: Reconsideration of passed by for the day (40-Y 0-N)
02/13/97  Senate: VOTE: (40-Y 0-N)
02/13/97  Senate: Passed by for the day
02/14/97  Senate: Read third time
02/14/97  Senate: Reading of amendments waived
02/14/97  Senate: Committee amendments agreed to
02/14/97  Senate: Engrossed by Senate as amended
02/14/97  Senate: Passed Senate with amendments (40-Y 0-N)
02/14/97  Senate: VOTE: PASSAGE (40-Y 0-N)
02/17/97  House: Placed on Calendar
02/18/97  House: Senate amendments rejected by House (5-Y 92-N)
02/18/97  House: VOTE: ADOPTION (5-Y 92-N)
02/20/97  Senate: Senate insisted on amendments (40-Y 0-N)
02/20/97  Senate: VOTE: INSIST & REQUEST (40-Y 0-N)
02/20/97  Senate: Senate requested conference committee
02/20/97  House: House acceded to request
02/20/97  House: Conferees appointed by House
02/20/97  House: Delegates: Mims, Davies, Moore
02/20/97  Senate: Conferees appointed by Senate
02/20/97  Senate: Senators: Benedetti, Reasor, Lucas
02/22/97  Senate: Reading of conference report waived
02/22/97  Senate: Conference report agreed to by Senate (39-Y 0-N)
02/22/97  Senate: VOTE: CONFERENCE COMMITTEE RPT (39-Y 0-N)
02/22/97  Conference: Senate amendments rejected by conference committee
02/22/97  Conference: Amended by conference committee
02/22/97  House: Conference report agreed to by House (95-Y 1-N)
02/22/97  House: VOTE: ADOPTION (95-Y 1-N)
03/06/97  House: Bill text as passed House and Senate (HB2542ER)
03/11/97  House: Enrolled
03/12/97  House: Signed by Speaker
03/13/97  Senate: Signed by President
03/19/97  Governor: Approved by Governor-Chapter 551 (effective 7/1/97)
03/21/97  Governor: Acts of Assembly Chapter text (CHAP0551)