Comment:
IFRA position: Support
Short Description: PREJUDGMENT INTEREST-REDUCTION
Senate Sponsors
Sen. Jil Tracy
Amends the Code of Civil Procedure. In a provision concerning actions brought to recover damages for personal injury or wrongful death, changes the prejudgment interest rate to 5% per annum instead of 6% per annum. Effective immediately.
|
Date |
Chamber |
Action |
|
1/20/2023 |
Senate |
Referred to Assignments |
Illinois Fuel & Retail Association
112 W. Cook Street
Springfield, Illinois 62704
Telephone: (217) 544-4609
Fax: (217) 789-0222
“Neighbors Serving Neighbors.” It’s more than our slogan at IFRA, it’s at the core of every decision we make. IFRA was formed in order to foster a cooperative spirit between petroleum marketers and convenience store operators doing business in Illinois. It’s our guiding principal to eliminate practices and customs that are contrary to a capitalist economy and a competitive business environment in Illinois.
Read More...
All the information on this website - www.fuelingillinois.com - is published in good faith and for general information purpose only. IFRA does not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information you find on this website (fuelingillinois.com), is strictly at your own risk. IFRA will not be liable for any losses and/or damages in connection with the use of our website.
