<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2949         </title>
<shortdesc>PREJUDGMENT INTEREST-REDUCTION</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Jil Tracy</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>Senate</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 prejudgment interest rate to 5% per annum instead of 6% per annum. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/31/2024</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Jil Tracy</action>
<statusdate>1/31/2024</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/31/2024</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

