By: Culberson H.B. No. 533
73R2768 DAK-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the limit on exemplary damages recoverable in certain
1-3 types of lawsuits.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 41.007, Civil Practice and Remedies Code,
1-6 is amended to read as follows:
1-7 Sec. 41.007. Limitation on Amount of Recovery. Except as
1-8 provided by Section 41.008, exemplary damages awarded against a
1-9 defendant may not exceed four times the amount of actual damages or
1-10 $200,000, whichever is less <greater>.
1-11 SECTION 2. This Act takes effect September 1, 1993, and
1-12 applies only to a cause of action that accrues on or after that
1-13 date. A cause of action that accrued before September 1, 1993, is
1-14 governed by the law in effect at the time the cause of action
1-15 accrued, and that law is continued in effect for that purpose.
1-16 SECTION 3. The importance of this legislation and the
1-17 crowded condition of the calendars in both houses create an
1-18 emergency and an imperative public necessity that the
1-19 constitutional rule requiring bills to be read on three several
1-20 days in each house be suspended, and this rule is hereby suspended.