HB1196 (2010) Detail

Relative to the time period interest is charged on judgments.


HB 1196 – AS INTRODUCED

2010 SESSION

10-2255

06/03

HOUSE BILL 1196

AN ACT relative to the time period interest is charged on judgments.

SPONSORS: Rep. Nixon, Hills 17; Rep. Craig, Hills 9; Rep. McEachern, Rock 16; Rep. T. Russell, Rock 13; Rep. DiFruscia, Rock 4

COMMITTEE: Judiciary

ANALYSIS

This bill changes the time period interest is charged on judgments.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

10-2255

06/03

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Ten

AN ACT relative to the time period interest is charged on judgments.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Interest from Date of Writ. Amend RSA 524:1-b to read as follows:

524:1-b Interest From Date of [Writ] Event Which Gave Rise to the Action. In all other civil proceedings at law or in equity in which a verdict is rendered or a finding is made for pecuniary damages to any party, whether for personal injuries, for wrongful death, for consequential damages, for damage to property, business, or reputation, for any other type of loss for which damages are recognized, there shall be added forthwith by the clerk of court to the amount of damages interest thereon from the date of the [writ or the filing of the petition to] event which gave rise to the proceeding until the date of judgment, and thereafter from the date of judgment, including verdict, costs, and interest, until the date of payment even though such interest brings the amount of the judgment or payment beyond the maximum liability imposed by law.

2 Effective Date. This act shall take effect January 1, 2011.

Links

HB1196 at GenCourtMobile

Action Dates

Date Body Type

Bill Text Revisions

HB1196 Revision: 15089 Date: Dec. 10, 2009, midnight

Docket