<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 2988         </title>
<shortdesc>PREJUDGMENT INTEREST-REDUCTION</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Patrick Windhorst</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>735 ILCS 5/2-1303</reference><aliasreference>from Ch. 110, par. 2-1303</aliasreference><SynopsisText>     Amends the Code of Civil Procedure. In a provision concerning actions brought to recover damages for personal injury or wrongful death, changes the amount of prejudgment interest the court shall add to the judgment to an amount calculated at a rate of 5% (instead of 6%) per annum. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/16/2023</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Patrick Windhorst</action>
<statusdate>2/16/2023</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/16/2023</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

